Specialized Design Services Market Is Forecast To Grow At A High CAGR To 2020

Posted by sainath on December 31st, 2018

The Business Research Company’s global specialized design services market analysis covers the year-on-year growth of the global specialized design services market historic and forecast growth. It also includes chapters on the specialized design services market trends, geographical analysis, and competitive landscape.

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The global specialized design services market is forecast to grow at a CAGR (compound annual growth rate) of around 6.9% to 2020.

Specialized Design Services Market Segmentation

According to TBRC’s global specialized design services market research, the market is split by segments into Interior design services, industrial design services and graphic design services.

Interior design service companies primarily engage in planning, designing and administering projects in interior spaces. In doing this they need to take into consideration building codes as per local and national government rules, health and safety regulations, traffic patterns, floor planning, interior fittings and furniture as well as tastes and fashions. Customers of interior design services companies include hospitality, healthcare, construction companies and individual customers.

Industrial design services comprise establishments that are involved in creating and developing designs as per client’s specifications. This includes determination of materials, construction mechanism, shape, safety, and market appeal, efficiency in production, distribution and maintenance. Customers of industrial design services companies include manufacturing and engineering companies.

Graphic design service companies are engaged in planning, and designing and managing visual communication to convey specific messages and concepts. It includes design of printed materials, packaging, video screen displays, signage systems and corporate identification. Customers of graphic design services include printing, publishing, marketing and branding departments of companies across all industries.

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Asia Pacific was the largest region in the specialized design services market in 2017, accounting for around 42% market share. North America was the second largest region accounting for about 25% market share. Africa was the smallest region accounting for nearly 4% market share.

The global specialized design services market report covers the following regions under the geographical analysis section: Asia Pacific, Western Europe, North America, Middle East, Africa, South America, and Eastern Europe. Major countries under each of these regions are also covered under the country analysis chapters.

The global specialized design services market’s segment shares in each geographic region are mentioned in the report, along with the historic and forecast growth rates for each segment presented visually with supporting reasons to justify the growth rates.

The top companies included in the report are Callison RTKL, Gensler, Perkins+Will, Inc., HOK Group, Inc., and Frog Design, Inc.

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