Graphical User Interface (GUI) Design Software Market Research Report—Global Forecast till 2027

Graphical User Interface (GUI) Design Software Market: Information by Deployment (Cloud and On-Premises), Organization Size (Small & Medium Enterprises (SMEs) and Large Enterprises), Vertical (Automotive, IT & Telecom, Media & Entertainment, Medical & Healthcare, Manufacturing, and Others), and Region (North America, Europe, Asia-Pacific, and Rest of the World)—Forecast till 2027

ID: MRFR/ICT/9228-CR | October 2021 | Region: Global | 100 pages

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The graphical user interface (GUI) design software market is estimated to register a CAGR of over 9.8% to reach USD 1,496.2 Million by the end of 2027.


Graphical User Interface (or GUI) enables users to perform necessary actions over their devices, platforms, programs, or applications instead of commanding computing systems through commands (or command-line interfaces), bypassing the need of learning or remembering computer coding languages.Based on the vertical, the market has been split into BFSI, IT & telecom, manufacturing, automotive, medical & healthcare, media & entertainment, and others.



  • COVID-19 Impact vs. Opportunities for Global Graphical User Interface (GUI) Design Software Market:


There are some major positive and negative consequences witnessed for the GUI design software tools during the pandemic. The pandemic forced work from home to major industries, which has surged the demand for cloud-based deployments. In fact, the developing nations’ enterprises were on a steady pace toward cloud adoption for the better part of the decade. COVID-19 has acted as a catalyst for the same. Major industries shifted towards cloud-based deployments during the pandemic, and this trend is expected to continue post-pandemic world. However, on-premises deployments have experienced a minor decline, especially in the 2020 fiscal year. However, the 2021 year is expected to bounce back the on-premises deployments as most offices have resumed their work. The major industries such as media & entertainment, IT & telecom, medical & healthcare, and BFSI performed impressively during the pandemic in terms of the adoption of GUI design software tools.


Market Dynamics:


Drivers:



  • Rise in Demand for Implementing User-Friendly and Attractive User Interface: GUI design software helps make prototyping and building a beautiful user interface (UI) a matter of a few clicks.GUI offers the option to create scripts using programming software and offers control over the operating system and files.

  • Various Advantages of GUI Design Software Tools: The user without having programming knowledge can also build user interface design optimally, which means a user can optimize GUI design quickly and easily before implementation, saving significant time and money.

  • Rising Demand from Various Industry Verticals: With the rapid technological advancements, consumers' expectations are consistently increasing. Innovative GUI design software has gained significant traction across the industry.


Opportunities:



  • Rapid Technological Advancements in GUI Design Software Tools: AI-based GUI design software is expected to create more creative and customizable interfaces for futuristic interface demands.

  • Rising Adoption Among SMEs:The SMEs market segment is expected to exhibit the fastest growth within the graphical user interface (GUI) design software market. Across the globe, small & medium enterprises (SMEs) are growing rapidly, which is expected to generate significant revenue opportunities for the market


Restraints:



  • Complex Implementation and High Cost and Time Requirements: The design of a GUI makes it more difficult and costly to develop. It cannot be created by unskilled individuals, andonly skilled programmers will be able to create such an interface. Moreover, a GUI needs to be connected with extra hardware, increasing the overall expenses.


Value Chain Analysis


The value chain analysis for the graphical user interface (GUI) design software market comprises three primary levels, beginning with software designing & development, followed by system integrators and end-users.


Segment Overview


The global graphical user interface (GUI) design software market has been segmented on the basis ofdeployment, organization size, vertical, and region.


By deployment, the graphical user interface (GUI) design software market has been segmented cloud and on-premises. The cloud segment accounted for the larger market share in 2018 and is estimated to register a CAGR of 86.8% during the review period.


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 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.


Regional Analysis


The global graphical user interface (GUI) design software market has been studied across Asia-Pacific, North America, Europe, the Middle East & Africa, and South America. North America accounted for the largest market share of 52.2% in 2018. The most significant factor driving the regional market's growth is the rise in demand for user-friendly and attractive UI, which boosts the need for UI software and tools globally.


The graphical user interface (GUI) design software market in Europe is anticipated to show a high growth rate due to technological advancements in graphics processing and cloud computing.These advancements have propelled the adoption of AI, machine learning-based technology in the automotive sector that help reveal the potential of GUI design software technology.


The graphical user interface (GUI) design software market in Asia-Pacific is expected to exhibit a high growth rate on account of the rising popularity of three-dimensional graphical user interfaces.  China shows prominent growth in the regional market.


Competitive Landscape


Adobe strategically focuses on four core areas to achieve greater diversity and inclusion, including forming a talent pipeline, attracting diverse candidates, enhancing the employee experience, and driving diversity across the company.


Key players operating in the global graphical user interface (GUI) design software market areAdobe (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)


Recent Developments



  • In August 2021, Adobe entered into a definitive agreement to acquire Frameo.io, one of the leading cloud-based video collaboration platforms.

  • In April 2021, Figma acquired Visly, which is a design tool for front-end engineers. The company has started using the tool in its product stack for fast and excellent collaboration between design and engineering (front-end).

  • In December 2020, Crank Software Inc. announced its partnership with Aptera Motors and Andromeda Interfaces.

  • CorelDRAW Technical Suite 2020 offers new tools, along with collaboration opportunities and high performance, to power the technical illustration workflow.


Report Overview


As per MRFR, the global graphical user interface (GUI) design software market has witnessed notable growth over the past few years.The global graphical user interface (GUI) design software market has been segmented into deployment, organization size, vertical, and region.Based on region, the graphical user interface (GUI) design software market has been segmented into North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.


Objective of the Study



  • To provide a comprehensive analysis of the graphical user interface (GUI) design software market and its sub-segments in the global market, thereby providing a detailed structure of the industry

  • To provide detailed insights into factors driving and restraining the growth of the global graphical user interface (GUI) design software market

  • To estimate the market size of the global graphical user interface (GUI) design software market where 2018-2019 would be the historical period, 2020 shall be the base year, and 2021 to 2027 will be the forecast period for the study

  • To analyze the graphical user interface (GUI) design software market in five regions, namely, North America, Europe, Asia-Pacific, South America, and the Middle East & Africa

  • To provide country-wise market value analysis for various segments of the graphical user interface (GUI) design software market

  • To provide strategic profiling of key companies present across the globe and comprehensively analyze their competitiveness/competitive landscape in this market

  • To provide a value chain for the graphical user interface (GUI) design software market


Scope of the Report


The scope of the global graphical user interface (GUI) design software market study includes the market size analysis and a detailed analysis of the vendor’s products and strategies. The graphical user interface (GUI) design software market has been classified based on deployment, organization size, vertical, and region.


Intended Audience



  • Graphical User Interface (GUI) Design Software Manufacturers

  • Suppliers and traders of Graphical User Interface (GUI) Design Software and Related Products

  • Research and Development Companies


 



Report Scope:
Report Attribute/Metric Details
  Market Size   2027: USD 1,496.2Million
  CAGR   9.8% CAGR (2021–2027)
  Base Year   2020
  Forecast Period   2021-2027
  Historical Data   2019
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Deployment, Organization Size, Vertical, and Region
  Geographies Covered   North America, Europe, Asia-Pacific, Middle East & Africa, and South America
  Key Vendors   Adobe (US), Corel Corporation(US), Figma (US), Sketch B.V.(Netherlands), and InVisionApp Inc. (US)
  Key Market Opportunities   â€¢ Rapid technological advancements in GUI design software tools • Rising adoption among SMEs
  Key Market Drivers   â€¢ Rise in demand for implementing user-friendly and attractive UI • Various advantages of GUI design software tools • Rising demand from various industry verticals


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Frequently Asked Questions (FAQ) :

The global graphical user interface design software market is predicted to grow at a 9.8% CAGR between 2021- 2027.

North America will lead the global graphical user interface design software market.

Rising adoption in SMEs and rapid technological advances are the key factors driving the global graphical user interface design software market growth.

High cost and complex implementation may limit the global graphical user interface design software market growth.

Key contenders profiled in the global graphical user interface design software market include Adobe, Webflow, Balsamiq Studios, LLC, Axure Software Solutions, Inc, Altia Inc, Corel Corporation, Figma, Sketch B.V, InVisionApp Inc, Caretta Software Ltd, Pidoco GmbH, Crank Software Inc, and Extron.