Market Research Future (MRFR) will be publishing a cooked research report onthe “Global Graphical User Interface (GUI) Design Software Market” that contains the information from 2023 to 2032.
MRFR recognizes the following companies as the key players in the global graphical user interface (GUI) design software market: Adobe (US), Webflow (US), Balsamiq Studios, LLC (US), Axure Software Solutions, Inc. (US), Altia Inc. (US), Corel Corporation (US), Figma (US), Sketch B.V. (Netherlands), InVisionApp Inc. (US), Caretta Software Ltd. (UK), Pidoco GmbH (Germany), Crank Software Inc. (Canada), and Extron (UK).
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).
GUI design software applications or GUI designers simplify the GUI development by building ready-to-use interfaces, focusing more on the graphical presentation, and embedding advanced technologies, such as voice command interfaces, AI, and IoT, which help end-users in faster and easy processing.
The user-friendly and attractive UI is a major trend being witnessed among the various industry verticals as users of GUI can interact with devices or software through clickable graphical icons.GUI is easy to learn and use compared to the command-line interface. A GUI also allows users to access another computer remotely. Navigating devices remotely in GUIs is easier and requires little experience, unlike in CLIs. Hence, GUI design software is getting higher demand across the various industry verticals. Therefore, the rise in demand for implementing user-friendly and attractive user interfaces is the major factor driving the growth of the global graphical user interface (GUI) design software market during the forecast period.
Furthermore, with the help of GUI design software, a user can create interactive wireframes and prototypes of web or mobile user interfaces. GUI design software allows a user to share projects online and export them in various formats. The design software helps with collaboration to make the project run as quickly as possible. Therefore, projects can be done on time and reduced time to market timeframe, propelling its demand among the organizations.
COVID-19 Impact Analysis
The COVID-19 pandemic hit all the major industries such as manufacturing, trade, hospitality, leisure, oil & gas, tourism, automotive, and transportation. However, this is conversely applicable to the GUI design software industry. Spending on cloud, automation, AI, and IoT technologies has witnessed a significant surge. The application development industry significantly accelerated during the pandemic due to increased online interaction to avoid physical interaction. Therefore, GUI design software spending also increased during the pandemic, along with key IT areas spending
By deployment, the graphical user interface (GUI) design software market has been segmented cloud and on-premises.
The global graphical user interface (GUI) design software market, based on organization size, has been segmented into small & medium enterprises (SMEs) and large enterprises. The small & medium enterprises (SMEs) segment accounted for the larger market share in 2018 and is estimated to register a CAGR of 59.4% during the review period.
The global graphical user interface (GUI) design software market, based on vertical, has been segmented into automotive, IT & telecom, media & entertainment, medical & healthcare, manufacturing, and others.
Key Findings of the Study:
Rapid technological advancements in GUI design software tools and rising adoption among SMEs are creating lucrative opportunities for the players operating in this market.