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Generative AI In Design Market on Track for Strong Growth, Estimated to Grow at 34.4% CAGR Through 2029
Generative AI In Design
Generative AI In Design Market Size Growth Forecast: What to Expect by 2025?
The market size for generative AI in design has seen an enormous surge in recent years. The size is set to increase from $0.81 billion in 2024 to $1.11 billion in 2025, reflecting a compound annual growth rate (CAGR) of 37.1%. Reasons for this growth can be traced back to the accessibility of extensive datasets, heightened understanding and application, adherence to ethical and responsible AI methods, educational initiatives and resources, and the emergence of AI platforms that foster creativity.
How Will the Generative AI In Design Market Size Evolve and Grow by 2029?
The market size for generative AI in design is predicted to witness a massive increase in the upcoming years, escalating to $3.61 billion in 2029, with a compound annual growth rate (CAGR) of 34.4%. This advancement in the projected span is linked with aspects such as education and skill improvement, real-time design creation, sustainability and eco-conscious design, AI-powered personalization, and understandable AI in design. Key trends within the forecast period include the merging of generative AI with design apparatus, the rise of specific applications and services, the application of generative AI in digital twin technology, AI-facilitated design automation, and enhanced creativity.
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What Drivers Are Propelling the Growth of Generative AI In Design Market Forward?
The generative AI in design market is predicted to expand rapidly due to the increasing intake of AI technology. AI is the capacity of a computer or computer-managed robot to tackle tasks usually associated with human intellectuality. The ever-growing intricacy of tasks and improvement in AI technology has led to a upsurge in AI application usage. Generative AI in design employs AI algorithms autonomously to create unique designs, which enhances creativity and innovation in multiple industries, including architecture, fashion, and product design. This ultimate AI applications allow swift prototyping, customization, and examination of a plethora of design options, thereby transforming conventional design processes. In November 2023, a study conducted by United States Census Bureau, an American government authority, stated that AI uptake by the construction industry was at 1.2%, with predictions to rise to 2% within the following six months. Hence, the skyrocketing usage of AI applications is fueling the growth of the generative AI in design market.
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Which Emerging Trends Are Transforming the Generative AI In Design Market in 2025?
Leading organizations in the generative AI in design marketplace are dedicated to evolving and enhancing their generative AI features by introducing state-of-the-art technology features like auto-clustering, Python, and R coding abilities among others, with an aim to increase their market revenue. This advanced AI technology allows the designers to utilize complex data analytics, machine learning, and statistical methods to generate creative and optimized design solutions that precisely cater to users' needs and design goals. For instance, Altair Engineering Inc., a prominent IT company based in the US, in November 2023, improved its data analytics and AI platform, Altair RapidMiner, to include powerful and advanced generative AI features. The new updates include features such as auto-clustering, expanded SAS, Python, and R coding abilities, and more, with an intention to heighten the platform's potential. The platform now includes a revised selection of data visualization elements, new layout templates and tools, and upgraded style preferences, which simplifies the task of creating, sharing, and using dashboards. These enhancements aid designers in reducing setup time, allowing them to focus more on generating and adopting more visually attractive and user-friendly dashboards.
What Are the Key Segments in the Generative AI In Design Market?
The generative ai in designmarket covered in this report is segmented -
1) By Deployment: On-Premise, Cloud
2) By Application: Product Design, Graphic Design, Interior Design, Fashion Design, Architecture
3) By End-Users: Large Enterprises, Small And Medium-Sized Enterprises (SMEs), Individual Users
Subsegments:
1) By On-Premise: Self-Hosted Design Solutions, On-Premise AI Design Software, Secure, Localized Design Processing
2) By Cloud: Saas-Based Design Platforms, Cloud-Hosted Generative AI Tools, Scalable Cloud Infrastructure For Design
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Who Are the Key Players Shaping the Generative AI In Design Market's Competitive Landscape?
Major companies operating in the generative AI in design market report are Alphabet Inc.; Microsoft Corporation; Siemens AG; NVIDIA Corporation; Adobe Inc.; Dassault Systèmes SE; Autodesk Inc.; Trimble Inc.; Ansys Inc.; PTC Inc.; Bentley Systems Incorporated; Anthropic AI; Altair Engineering Inc.; DeepMind Technologies Limited; OpenAI Inc.; Jasper Technologies Inc; Corel Corporation; Hugging Face Inc.; Chaos Group; Vectorworks Inc.; AI21 Labs; Onshape Inc.; Stability AI LLC; Midjourney Inc.
What Geographic Markets Are Powering Growth in the Generative AI In Design Market?
North America was the largest region in the generative AI in design market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the generative AI in design market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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