Graphical User Interface Design Software Market Global Trends and Forecasts to 2023-2032
The Graphical User Interface Design Software market industry is projected to grow from USD 22.85 Billion in 2023 to USD 54.60 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 11.50% during the forecast period (2023 - 2032).
Bypassing the need to learn or remember computer coding languages, graphic user interfaces (or GUIs) allow users to control their devices, platforms, programmes, or applications as needed rather than directing computing systems through commands (or command-line interfaces).
The graphical user interface (GUI) design software market has been divided into BFSI, IT & telecom, manufacturing, automotive, medical & healthcare, media & entertainment, and others based on the industry vertical.
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Key Players:
Key Companies in the Graphical User Interface Design Software market include,
- Adobe (U.S.)
- Webflow (U.S.)
- Balsamiq Studios LLC (U.S.)
- Axure Software Solutions Inc. (U.S.)
- Altia Inc. (U.S.)
- Corel Corporation (U.S.)
The need for creating user-friendly and attractive user interfaces is growing, and GUI design tools make it easy to prototype and create these interfaces.
Control over the operating system and files is provided through the GUI, which also gives users the possibility to write scripts using programming applications.
Different Benefits of GUI Design Software Tools User interface designs may also be built ideally by a non-programmer, meaning that a user can simply and rapidly improve GUI designs before implementation, saving a lot of time and money.
Rising Demand from a Wide Range of Industry Verticals: As technology develops quickly, customer expectations keep rising. Innovative GUI design software has become quite popular in the market.
Regional insights:
The graphical user interface (GUI) design software market in Asia-Pacific, North America, Europe, the Middle East & Africa, and South America have all been researched. In 2018, North America held the biggest market share (52.2%). The desire for appealing and user-friendly UI, which increases the demand for UI software and solutions internationally, is the main reason fueling the regional market's expansion.
Due to developments in cloud computing and graphics processing, the graphical user interface (GUI) design software industry in Europe is predicted to grow rapidly.
These developments have accelerated the use of machine learning- and AI-based technology, which is helping to uncover the potential of GUI design tools.
Because three-dimensional graphical user interfaces are becoming more and more popular, the graphical user interface (GUI) design software market in the Asia-Pacific region is predicted to develop rapidly. China's market share is increasing significantly.
Market segmentation:
The deployment, organisation size, vertical, and regional segments have been used to divide the worldwide graphical user interface (GUI) design software market.
The graphical user interface (GUI) design software market has been divided into cloud and on-premises deployment segments. The cloud category had the largest market share in 2018 and is predicted to grow at an estimated CAGR of 86.8% during the study period.
Based on the size of the organisation, the worldwide GUI design software market has been divided into small and medium-sized businesses (SMEs) and major corporations.
Based on vertical, the graphical user interface (GUI) design software market has been divided into the automotive, IT & telecom, media & entertainment, medical & healthcare, manufacturing, and other segments.
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Graphical User Interface Design Software Industry Developments:
January: Adobe announced the release of its new XD design tool, which combines vector graphics, interactivity, and prototyping in a single platform.
February: Figma, a popular cloud-based design tool, raised $50 million in Series D funding.
March: Sketch, another popular cloud-based design tool, released its new 7.0 version, which includes a number of new features and improvements.
April: Axure announced the release of its new RP 9.0 design tool, which includes a number of new features and improvements for prototyping and collaboration.
May: Balsamiq released its new Mockups 4.0 design tool, which includes a number of new features and improvements for wireframing and prototyping.
June: UXPin released its new Studio 10.0 design tool, which includes a number of new features and improvements for prototyping and collaboration.
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