Market Overview:
The global prototyping tools market is expected to grow from USD 2.02 billion in 2018 to USD 3.06 billion by 2030, at a CAGR of 5.5% during the forecast period. The growth of the global prototyping tools market can be attributed to the increasing demand for rapid prototyping and 3D printing technologies across various industries. In addition, the growing trend of miniaturization is also fueling the demand for prototypes in various end-use industries.
Product Definition:
A prototyping tool is a program that helps you create prototypes of your designs. Prototyping tools are important because they help you quickly and easily create prototypes of your designs, which can then be used to test and refine your designs.
Basic($Under39/Month):
Basic is a prototyping tool that allows users to create and share low-fidelity prototypes of mobile applications. It also helps in enhancing user experience by providing an easy way to visualize interactive prototypes of apps on any device. The primary function of the product includes wireframing, rapid prototyping, and simulation; it also provides collaboration features for teams working on different projects at the same time.
Standard(-99/Month):
Prototyping tools are used to create digital prototypes of the product in order to test and validate the design. The faster and accurate prototyping tool can help speed up the overall development process, which is expected to drive demand over the forecast period.
Application Insights:
The manufacturing segment dominated the global prototyping tools market in 2017, accounting for over 30.0% share of the overall revenue. The growth can be attributed to increasing demand for 3D printing materials and devices by manufacturers as they can achieve higher accuracy levels while prototyping than when using traditional methods such as paper Prototyping or CNC machining.
The healthcare segment is expected to witness significant growth over the forecast period owing to rising demand from medical device manufacturers and other industries such as automotive and consumer products that require prototypes for testing purposes. In addition, government initiatives such as Healthcare IT For All (HITFA) in India are further anticipated to boost industry expansion over the coming years.
Regional Analysis:
The market in North America accounted for the largest revenue share in 2017. The region is expected to continue its dominance over the forecast period, owing to increasing investments and initiatives undertaken by governments and organizations. For instance, in 2015, the Government of Canada announced a funding initiative worth USD X million for prototyping with additive manufacturing (3D printing). This initiative enabled researchers from five Canadian universities to develop prototype parts using 3D printers. Such initiatives are anticipated to boost market growth over the forecast period.
In addition, growing awareness regarding product design among consumers is also expected drive regional demand over the next eight years.
Growth Factors:
- Increasing demand for faster product development cycles: The need for faster product development cycles is one of the key growth drivers for the prototyping tools market. Prototyping tools help reduce the time-to-market and enable companies to bring new products to the market quickly.
- Rising demand from end-user industries: The end-user industries such as automotive, aerospace & defense, and medical devices are witnessing a rising demand for prototyping tools due to the increasing complexity of products and stringent regulatory requirements.
- Growing popularity of 3D printing technology: The growing popularity of 3D printing technology is another major growth driver for the prototyping tools market. 3D printing helps reduce design cycle times and enables companies to create physical prototypes quickly and easily.
- Emergence of cloud-based prototyping platforms: Cloud-based prototyping platforms are becoming increasingly popular among businesses owing to their ease of use and low cost implications. These platforms allow users to create prototypes without having any prior knowledge about software or hardware requirements involved in traditional prototyping methods such as CAD/CAM software or 3D printers respectively). This is likely to boost adoption rates of these platforms in the coming years.. 5) Rising trend towards customization & personalization: A growing trend towards customization & personalization is also fueling demand for advanced prototype design tools that offer more flexibility options
Scope Of The Report
Report Attributes
Report Details
Report Title
Prototyping Tools Market Research Report
By Type
Basic($Under39/Month), Standard($39-99/Month), Senior($99+/Month）
By Application
Financial services, Government, Healthcare, Manufacturing, Media and entertainment, Retail, Other
By Companies
NFRAGISTICS, JETIMPEX, InVision, Adobe, Axure Software, Marvel Prototyping, Justinmind, Evolus, UXPin, Proto.io, Flinto, IRise, Pidoco, Site9, Fluid Software, AdroitLogic
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Prototyping Tools Market Report Segments:
The global Prototyping Tools market is segmented on the basis of:
Types
Basic($Under39/Month), Standard($39-99/Month), Senior($99+/Month）
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Financial services, Government, Healthcare, Manufacturing, Media and entertainment, Retail, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- NFRAGISTICS
- JETIMPEX
- InVision
- Adobe
- Axure Software
- Marvel Prototyping
- Justinmind
- Evolus
- UXPin
- Proto.io
- Flinto
- IRise
- Pidoco
- Site9
- Fluid Software
- AdroitLogic
Highlights of The Prototyping Tools Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Basic($Under39/Month)
- Standard($39-99/Month)
- Senior($99+/Month）
- By Application:
- Financial services
- Government
- Healthcare
- Manufacturing
- Media and entertainment
- Retail
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Prototyping Tools Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Prototyping tools are software programs that allow designers to create and test prototypes of web or mobile applications, user interfaces, or other digital products. They can be used to quickly and easily create a rough version of an idea, which can then be refined through further development using more traditional software development methods.
Some of the key players operating in the prototyping tools market are NFRAGISTICS, JETIMPEX, InVision, Adobe, Axure Software, Marvel Prototyping, Justinmind, Evolus, UXPin, Proto.io, Flinto, IRise, Pidoco, Site9, Fluid Software, AdroitLogic.
The prototyping tools market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Prototyping Tools Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Prototyping Tools Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Prototyping Tools Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Prototyping Tools Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Prototyping Tools Market Size & Forecast, 2018-2028
4.5.1 Prototyping Tools Market Size and Y-o-Y Growth
4.5.2 Prototyping Tools Market Absolute $ Opportunity
Chapter 5 Global Prototyping Tools Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Prototyping Tools Market Size Forecast by Type
5.2.1 Basic($Under39/Month)
5.2.2 Standard($39-99/Month)
5.2.3 Senior($99+/Month）
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Prototyping Tools Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Prototyping Tools Market Size Forecast by Applications
6.2.1 Financial services
6.2.2 Government
6.2.3 Healthcare
6.2.4 Manufacturing
6.2.5 Media and entertainment
6.2.6 Retail
6.2.7 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Prototyping Tools Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Prototyping Tools Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Prototyping Tools Analysis and Forecast
9.1 Introduction
9.2 North America Prototyping Tools Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Prototyping Tools Market Size Forecast by Type
9.6.1 Basic($Under39/Month)
9.6.2 Standard($39-99/Month)
9.6.3 Senior($99+/Month）
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Prototyping Tools Market Size Forecast by Applications
9.10.1 Financial services
9.10.2 Government
9.10.3 Healthcare
9.10.4 Manufacturing
9.10.5 Media and entertainment
9.10.6 Retail
9.10.7 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Prototyping Tools Analysis and Forecast
10.1 Introduction
10.2 Europe Prototyping Tools Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Prototyping Tools Market Size Forecast by Type
10.6.1 Basic($Under39/Month)
10.6.2 Standard($39-99/Month)
10.6.3 Senior($99+/Month）
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Prototyping Tools Market Size Forecast by Applications
10.10.1 Financial services
10.10.2 Government
10.10.3 Healthcare
10.10.4 Manufacturing
10.10.5 Media and entertainment
10.10.6 Retail
10.10.7 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Prototyping Tools Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Prototyping Tools Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Prototyping Tools Market Size Forecast by Type
11.6.1 Basic($Under39/Month)
11.6.2 Standard($39-99/Month)
11.6.3 Senior($99+/Month）
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Prototyping Tools Market Size Forecast by Applications
11.10.1 Financial services
11.10.2 Government
11.10.3 Healthcare
11.10.4 Manufacturing
11.10.5 Media and entertainment
11.10.6 Retail
11.10.7 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Prototyping Tools Analysis and Forecast
12.1 Introduction
12.2 Latin America Prototyping Tools Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Prototyping Tools Market Size Forecast by Type
12.6.1 Basic($Under39/Month)
12.6.2 Standard($39-99/Month)
12.6.3 Senior($99+/Month）
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Prototyping Tools Market Size Forecast by Applications
12.10.1 Financial services
12.10.2 Government
12.10.3 Healthcare
12.10.4 Manufacturing
12.10.5 Media and entertainment
12.10.6 Retail
12.10.7 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Prototyping Tools Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Prototyping Tools Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Prototyping Tools Market Size Forecast by Type
13.6.1 Basic($Under39/Month)
13.6.2 Standard($39-99/Month)
13.6.3 Senior($99+/Month）
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Prototyping Tools Market Size Forecast by Applications
13.10.1 Financial services
13.10.2 Government
13.10.3 Healthcare
13.10.4 Manufacturing
13.10.5 Media and entertainment
13.10.6 Retail
13.10.7 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Prototyping Tools Market: Competitive Dashboard
14.2 Global Prototyping Tools Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 NFRAGISTICS
14.3.2 JETIMPEX
14.3.3 InVision
14.3.4 Adobe
14.3.5 Axure Software
14.3.6 Marvel Prototyping
14.3.7 Justinmind
14.3.8 Evolus
14.3.9 UXPin
14.3.10 Proto.io
14.3.11 Flinto
14.3.12 IRise
14.3.13 Pidoco
14.3.14 Site9
14.3.15 Fluid Software
14.3.16 AdroitLogic
