LONDON, Nov. 8, 2016 /PRNewswire/ -- Specialized design services comprise companies that are involved in planning, designing and administering projects as per client needs and specifications. The specialized design services market does not include architectural, engineering and computer system design services.
Asia was the largest geographic market in the specialized design services market in 2015, accounting for $50 billion or 35% of the global market. This was due to growing manufacturing industry and demand for industrial design and graphic design services in the region. The Americas was the second largest geographic market, accounting for $40 billion or 30% of the global market. Europe was the third largest geographic market, accounting for $30 billion or 25% of the global market. The Middle East and Africa accounted for 7% and $10 billion, while Oceania accounted for 3% of the global specialized design services market.
Global per capita specialized design services expenditure grew from nearly $18 in 2011 to $20 in 2015 at a CAGR of approximately 0.8% and is expected to grow to $20 in 2019 at a CAGR of 1.0%.
Interior design services landscape is changing rapidly as companies are offering their design services and themes online. Online crowd sourcing enables customers to submit photos of a space online and interior design service providers send design ideas and style boards relevant for the space to customers directly. Once the customer selects a design, they receive personalized floor plan and shopping list along with instructions. For instance, Laurel and Wolf in the US offers interior design and decorating services to customers online through its crowd sourcing platform.
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