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The market for AI-powered design tools has seen remarkable growth recently, with no signs of slowing down. Here’s an in-depth look at the driving factors, future trends, and major players shaping this dynamic industry.

 

Market Size and Growth

• 2023-2024 Growth: The market grew from $4.54 billion in 2023 to $5.54 billion in 2024, reflecting a compound annual growth rate (CAGR) of 21.9%.
• Future Projections: By 2028, the market is expected to reach $12.34 billion, with a CAGR of 22.2%.

 

Key Growth Drivers

• Automation Adoption: Businesses are increasingly automating design processes to enhance efficiency and productivity.
• User Experience (UX) and User Interface (UI): There is a growing emphasis on improving UX/UI, driving demand for advanced design tools.
• Personalization: Rising demand for personalized user experiences is pushing the development and adoption of AI-powered design solutions.
• Accessibility and Democratization: Tools are becoming more accessible to non-professionals, democratizing the design process.
• E-commerce Boom: The rapid expansion of e-commerce platforms necessitates sophisticated design tools to create engaging and effective digital storefronts.

 

Read The Full AI-Powered Design Tools Market Report Here:

https://www.thebusinessresearchcompany.com/report/ai-powered-design-tools-global-market-report

 

Future Trends in AI-Powered Design Tools

Industry-Wide Adoption

• Generative Design: AI’s ability to generate complex designs based on simple inputs is revolutionizing industries.
• Personalization Demand: Increased focus on delivering personalized content and designs tailored to individual preferences.
• Rapid Prototyping: AI tools enable faster prototyping and iterative design, speeding up development cycles.

 

Technological Innovations

• Cloud-Based Solutions: Enhanced collaboration and scalability through cloud integration.
• AR and VR Integration: Augmented Reality (AR) and Virtual Reality (VR) are being incorporated into design tools for immersive design experiences.
• AI and Human Creativity Fusion: Combining AI’s capabilities with human creativity to push the boundaries of design.
• Natural Language Processing (NLP): Utilizing NLP to streamline design workflows and make tools more intuitive.

 

The Impact of Digital Channels

• Digital Channel Growth: The rise of social media and e-commerce is a significant driver for AI-powered design tools.
• Internet Penetration: Increased internet access is broadening the user base for digital design tools.
• E-commerce Sales Surge: US e-commerce sales hit $1,118.7 billion in 2023, a 7.6% increase from 2022, highlighting the need for sophisticated design solutions.
• Social Media Users: With 4.6 billion users in 2021, social media’s influence on marketing and design cannot be overstated.

 

Leading Companies in the Market

Major Players

• Adobe Inc.
• Autodesk Inc.
• Canva Inc.
• Figma
• Tailor Brands LLC
• InVisionApp Inc.
• Corel Corporation
• Design Pickle
• Desygner Inc.
• Sketch Inc.
• Vectr
• Gravit Designer
• Boxmode

 

Innovations Driving Market Growth

AI-Powered Design-To-Code Tools

• Locofy Lightning: Launched by Locofy.ai in January 2024, this tool automates converting visual design mockups into functional HTML, CSS, and JavaScript code.
  • Features:
    • One-click conversion
    • Pre-trained AI models
    • Design optimizer
    • Code components and props

 

Strategic Acquisitions

• Adobe Acquires Rephrase.AI: In November 2023, Adobe’s acquisition aimed to boost its video creation capabilities, integrating AI-based video creation technology to simplify the process and enhance output quality.

 

Market Segmentation

By Type

• Graphic Design Tools
• User Experience (UX) and User Interface (UI) Design Tools
• Automated Content Creation Tools
• Image and Video Processing Tools
• 3D Design and Modeling Tools
• Automated Layout and Formatting Tools
• Branding and Logo Design Tools

By Technology

• Machine Learning
• Natural Language Processing
• Generative AI

By Application

• Automotive and Transportation
• Media and Entertainment
• Education and Research
• Fashion and Apparel
• Architecture and Construction
• E-commerce and Retail

 

Regional Insights

• North America: The largest region in the AI-powered design tools market as of 2023.

The AI-powered design tools market is not just growing—it’s transforming how design is approached across various industries. With continuous technological advancements and increasing adoption, the future of design looks promisingly intelligent.

 

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The AI-Powered Design Tools Global Market Report 2024  provides an overview of the AI-powered design tools market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The AI-powered design tools market forecast analyzes AI-powered design tools market size, AI-powered design tools market share, leading competitor and their market positions.

 

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