Global AI-Powered Design Tools Market Size Forecast 2024 - 2033
23 Dec, 2024
What Is The Scope Of The Global AI-Powered Design Tools Market?
AI-powered design tools refer to software applications or platforms that utilize artificial intelligence (AI) algorithms and machine learning techniques to assist designers in various aspects of the design process by streamlining the design process, empowering designers with advanced capabilities, and ultimately enhancing the quality and efficiency of design outputs. These tools automate repetitive tasks, generate design suggestions, analyze data to inform design decisions, and even learn from user interactions to improve their functionality over time.
AI-Powered Design Tools Global Market Report 2024 provides data on the global ai-powered design tools market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The ai-powered design tools market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.
What Are The Estimated Market Size And Expected Annual Growth Rates For Global AI-Powered Design Tools?
The AI-powered design tools market has grown rapidly, expanding from $4.54 billion in 2023 to $5.54 billion in 2024, with a CAGR of 21.9%. Historical growth was supported by the increasing use of automation, focus on user experience (UX) and user interface (UI), demand for personalization, design accessibility, and the e-commerce boom. The market is forecasted to grow to $12.34 billion by 2028, at a CAGR of 22.2%, driven by widespread industry adoption, generative design advancements, rising personalization demands, and the need for rapid prototyping. Emerging trends include cloud-based solutions, AR and VR integration, AI-human creative collaboration, and natural language processing (NLP) in design workflows.
What Are The Leading Drivers Of Growth In The AI-Powered Design Tools Market?
The rise of digital channels is expected to propel the growth of the AI-powered design tools market. Digital channels refer to online platforms and mediums used for communication, marketing, and content distribution, such as social media and e-commerce. This rise is due to greater internet penetration, increased personalization and targeting, cost-effectiveness, and integration across platforms. AI-powered design tools are used in these digital channels to streamline design processes, enhance creativity, and improve efficiency by leveraging AI and machine learning algorithms. For example, the United States Census Bureau reported in February 2024 that total e-commerce sales reached $1,118.7 billion in 2023, a 7.6% increase from 2022. Additionally, Avocado Social reported a 10% growth in social media users globally in 2021, reaching 4.6 billion. Therefore, the rise of digital channels is driving the growth of AI-powered design tools.
Get Your Free Sample of the Global AI-Powered Design Tools Market ReportHow Are The Segments Defined Within The Global AI-Powered Design Tools Market?
The AI-powered design tools market covered in this report is segmented –
1) 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, Other Types
2) By Technology: Machine Learning, Natural Language Processing, Generative AI
3) By Application: Automotive And Transportation, Media And Entertainment, Education And Research, Fashion And Apparel, Architecture And Construction, E-commerce And Retail, Other Application
How Are New Trends Expected To Influence The Growth Of The AI-Powered Design Tools Market?
In the AI-powered design tools market, leading companies are focusing on developing innovative AI-driven solutions, such as Locofy Lightning, to stay competitive. Locofy Lightning is an AI-powered tool that automates converting visual design mockups into functional HTML, CSS, and JavaScript code for web development. For example, in January 2024, Locofy.ai, a tech company based in Singapore, launched Locofy Lightning. This tool, available as a Figma plug-in, automates frontend development by generating high-quality, responsive, and interactive code based on Figma designs. It includes features like one-click conversion, pre-trained AI models, a design optimizer, and code components, offering developers a seamless experience while focusing on creative aspects.
Which Region Drives The Highest Growth In The AI-Powered Design Tools Market?
North America was the largest region in the AI-powered design tools market in 2023. The regions covered in the AI-powered design tools market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.