By deployment, the GUI Market Share has been segmented cloud and on-premises.
The global GUI Market Share, 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:
The global GUI Market Share is projected to reach a value of USD 1,496.2 million by 2027, with a CAGR of around 9.8% during the forecast period from 2020 to 2027.
North America accounted for the largest market share in 2020; this is due to the investments in digital transformation, increasing smartphone penetration, and rapid adoption of digital solutions.
Europeis expected to be the second-largest market in 2020, owing to the rising adoption of mobile & desktop applications, increasing use of cloud computing, and the emergence of SaaS-based platforms.These factors contribute to the demand for GUI design software systems in the region.
The adoption of GUI design software is high in Asia-Pacific, and thus, the software demand is expected to be high in this region. The countries such as China, India, Japan, South Korea, and Australia are the largest contributors in the global graphical user interface (GUI) design software market.
Rapid technological advancements in GUI design software tools and rising adoption among SMEs are creating lucrative opportunities for the players operating in this market.
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Market Highlights
he global graphical user interface (GUI) design software market is projected to be valued at USD 1,496.2 million by the end of 2027, registering a CAGR of 9.8% during the forecast period.
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
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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
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