Architecture Design Software Market Report 2024

This Architecture Design Software market report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

The architecture design software market size has grown rapidly in recent years. It will grow from $4.48 billion in 2023 to $5.2 billion in 2024 at a compound annual growth rate (CAGR) of 16%. The growth during the historic period can be ascribed to the rising complexity of architectural projects, the demand for greater design precision, increased global construction activities, the adoption of building information modeling (BIM), the need for better collaboration among design teams, and advancements in 3D visualization tools.

The architecture design software market size is expected to see rapid growth in the next few years. It will grow to $9.45 billion in 2028 at a compound annual growth rate (CAGR) of 16.1%. The anticipated growth in the forecast period is driven by the growing use of cloud-based solutions, the emergence of virtual and augmented reality technologies, a heightened focus on sustainable and energy-efficient building designs, the expansion of smart city projects, integration with Internet of Things (IoT) technologies, and the rising demand for digital twins in architecture and construction. Key trends expected during this period include artificial intelligence, the use of cloud-based platforms for improved collaboration, the integration of virtual and augmented reality for immersive design, sustainable and green building technologies, digital twin technology, progress in generative design algorithms, and the incorporation of IoT and smart technologies.

The growth in construction activities is anticipated to drive the expansion of the architecture design software market. This surge in construction is fueled by urban development, population increases, economic growth, and a rising demand for new residential, commercial, and industrial buildings. Architecture design software aids in construction by creating detailed plans, visualizing structures, and optimizing project management to enhance accuracy and efficiency. For example, the Construction Products Association (CPA), a UK-based industry body, reported in April 2023 that public construction output was expected to rise by 3.7% in 2022, with a projected increase of 4.5% for 2023. Private construction output was forecasted to grow by 2.5% in 2022 and 1.4% in 2023. Consequently, the growth in construction activities is boosting the demand for architecture design software.

Leading companies in the architecture design software market are advancing digital twin technology to improve design accuracy, enable real-time performance monitoring, and optimize building operations. Digital twin technology involves creating a digital replica or virtual model of a physical object, system, or process. For instance, in August 2024, WZMH Architects Inc., a Canadian architectural firm, introduced Giraffe, a cutting-edge digital twin technology software for architects and engineers. This AI-powered application enhances the architectural design process by generating layouts that comply with building codes. It also provides real-time analysis, improves building performance, and streamlines design through detailed virtual simulations and data integration, with applications in design optimization, operational efficiency, and lifecycle management.

In July 2024, Canva Pty Ltd., an Australian graphic design platform, acquired Leonardo AI for an undisclosed sum. This acquisition is aimed at enhancing Canva's collection of visual AI tools and strengthening its position in the creative design sector. Leonardo AI, an Australia-based company, specializes in advanced AI architecture software.

Major companies operating in the architecture design software market are Dassault Systèmes SA, Autodesk Inc., Trimble Inc., Bentley Systems Incorporated, Deltek Inc., Buildertrend Solutions Inc., Allplan GmbH, SketchUp Inc., Bricsys NV, Vectorworks Inc., Graphisoft SE, Enscape GmbH, Bluebeam Inc., Archistar.ai., Chief Architect Inc., Abvent S.A., SolidWorks Corporation, Solibri Inc., Robert McNeel & Associates, Archidata SRL., DesignBuilder Software Ltd., Act-3D B.V.

North America was the largest region in the architecture design software market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the architecture design software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the architecture design software market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Architecture design software encompasses computer applications used by architects, engineers, and construction experts to develop, visualize, and modify both 2D and 3D models of building designs and construction plans. These tools offer a variety of features to support the architectural design process.

Architecture design software is categorized into basic, advanced, and senior types. The basic category includes affordable, entry-level tools with fundamental features suitable for simple design tasks. These tools come in different deployment models, such as on-premises or cloud-based, and offer various pricing structures, including one-time purchases or subscriptions. They cater to a range of applications, including building and construction, government projects, infrastructure such as roads and railways, mapping, and surveying, among others.

The architecture design software market research report is one of a series of new reports that provides architecture design software market statistics, including architecture design software industry global market size, regional shares, competitors with a architecture design software market share, detailed architecture design software market segments, market trends and opportunities, and any further data you may need to thrive in the architecture design software industry. This architecture design software market research report delivers a complete perspective on everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The architecture design software market consists of revenues earned by entities by providing services such as training, support, and consulting services. The market value includes the value of related goods sold by the service provider or included within the service offering. The architecture design software market also includes sales of mechanical components, visualization tools, and parametric design tools. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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