Home Press Release Global Graphical User Interface (GUI) Design Software Market Grows Steadily at a CAGR of 9.90%

Global Graphical User Interface (GUI) Design Software Market Grows Steadily at a CAGR of 9.90%

Introduction

Instead of controlling computer systems through commands, graphic user interfaces (or GUIs) enable users to operate their devices, platforms, programs, or applications as needed without the need to learn or remember computer coding languages (or command-line interfaces). By producing interfaces ready to use, emphasizing the graphical user interface, and incorporating cutting-edge technologies like voice command interfaces, AI, IoT, etc., GUI design software programs or GUI designers streamline the development of the GUI and help end users process information more quickly and easily.

Market Dynamics

Rising Demand for User-Friendly and Attractive User Interface Implementation Drives the Global Market

Devices including desktop, laptop, tablet, mobile, ATM, and point-of-sale platforms now require operating systems or apps as a necessary component. The operating system enables communication between the user and the equipment. In a world that is getting more aesthetically pleasing, user interfaces are now even more critical. New users will only try a program if the interface immediately appeals to them. A spectacular user interface (UI) may be made using GUI design software in a few easy steps. User-friendly and attractive UI is a significant trend seen across many industrial sectors since users of GUI can interact with equipment or software utilizing clickable graphic symbols.

The graphical user interface is also easier to learn and use than the command-line interface. Users can also use a GUI to access another machine remotely. Remote device navigation in GUIs is more accessible and less complicated than in CLIs. The GUI gives users access to the operating system, files and the opportunity to use programming software to create scripts. Therefore, software for GUI design is in demand across all industries. The rise in demand for producing user-friendly and appealing user interfaces is the key factor boosting the growth of the global graphical user interface (GUI) design software market over the forecast period.

Rapid Technological Progression in Software Tools for GUI Design Creates Tremendous Opportunities

Many lucrative revenue prospects for industry participants are projected to be created during the anticipated time by swift technological developments. Artificial intelligence, which has practically endless applications in anything from matchmaking to self-driving cars, is one of the most hotly debated topics in the industry right now. The topic is also interested in the tools for developing user interfaces. Only a few AI-based UI development tools, such as Wizard, are currently under development and must yet reach a certain level of maturity before they can replace human UI developers. However, they still serve as excellent tools for UI developers.

New tactics and improved AI products are projected to hit the global market in the coming years, replacing the expert UI developer. The moment has come for UI developers to consider changing trends and prepare for "reskilling." Consequently, AI-based GUI design tools would result in more innovative and flexible interfaces to fulfill future interface requirements. The global graphical user interface (GUI) design software market players may anticipate profiting from the goods' quick technical advancements.

Regional Analysis 

North America is the most significant revenue contributor and is anticipated to grow at a CAGR of 8.80% over the projection period. This region is expected to rule the graphical user interface (GUI) design software industry. The need for beautiful and user-friendly UI, which drives up demand for UI software and solutions globally, is the primary driver of regional market growth. This has dramatically increased the need for graphical user interface (GUI) design software. Utilizing user interface technologies that make it simpler to create a variety of unique interfaces also helps save time and money while creating fantastic user interfaces. Therefore, these factors will drive the UI software market during the forecast period.

Europe is anticipated to grow at a CAGR of 10.30% during the forecast period. Europe includes the United Kingdom, Germany, France, Italy, and the rest of Europe. This region's graphical user interface (GUI) design software market will increase due to advancements in cloud computing and graphics processing. The usage of AI and machine learning-based technologies in the automotive sector has increased due to these breakthroughs, which illustrates the potential of software for designing graphical user interfaces. The increased need for IoT, cloud, and sophisticated technology solutions in BFSI, automotive, consumer goods, manufacturing, and media and entertainment applications is another factor driving the adoption of GUI design software.

Key Highlights

  • The graphical user interface (GUI) design software market was valued at USD 885.80 million in 2022. It is projected to reach USD 2,071.64 million by 2031, growing at a CAGR of 9.90% during the forecast period (2023-2031).
  • Based on development, the global graphical user interface (GUI) design software market is bifurcated into Cloud and On-Premises. The cloud segment is the major contributor to the market and is estimated to boost at a CAGR of 9.85% during the forecast period.
  • Based on organizational size, the global graphical user interface (GUI) design software market is bifurcated into small and medium enterprises and large enterprises. The small and medium enterprise segment is the major contributor to the market and is estimated to grow at a CAGR of 10.15% during the forecast period. 
  • Based on vertical, the global market is bifurcated into IT and Telecom, Manufacturing, BFSI, Automotive, Medical and Healthcare, Media and Entertainment, and Others. The IT and Telecom segment is the major contributor to the market and is estimated to boost at a CAGR of 9.95% during the forecast period.
  • North America is the major revenue contributor and is expected to boost at a CAGR of 8.80% during the forecast period.

Competitive Players

Competitive Players

The global market's major key players are Adobe, Webflow, Balsamiq, Axure Software, Solutions, Altia, Corel, and Figma.

Recent Developments

Market News

  • In February 2023, Simulations Plus, Inc., a leading provider of modeling and simulation software and services for pharmaceutical safety and efficacy, announced the release of NAFLDsym v2B Beta, a quantitative systems pharmacology (QSP) modeling software to support the development of treatments for nonalcoholic steatohepatitis (NASH).
  • In November 2022, Microsoft introduced a new UI experience for trying out computer vision with Vision Studio.

Segmentation

Global Graphical User Interface (GUI) Design Software Market: Segmentation

By Development 

  • Cloud
  • On-Premises

By Organization Size 

  • Small and Medium Enterprise
  • Large Enterprise
  • By Vertical
  • IT and Telecom
  • Manufacturing
  • BFSI
  • Automotive
  • Medical and Healthcare
  • Media and Entertainment
  • Others

By Regions

  • North America
  • Europe
  • Asia-Pacific
  • LAMEA

 

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