Deck Design Software Market to Grow at a CAGR of 14.0% to reach US$ 510.66 Mn Million from 2019 to 2027

Deck Design Software Market Forecast to 2027 - COVID-19 Impact and Global Analysis By Deployment (Cloud and On-premises), End User (Individual and Designers), and Application (Residential and Commercial)

  • Report Code : TIPRE00016147
  • Category : Technology, Media and Telecommunications
  • Status : Published
  • No. of Pages : 147
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[Research Report] The deck design software market was valued at US$ 186.14 million in 2019 and it is projected to reach US$ 510.66 million by 2027; it is expected to grow at a CAGR of 14.0% from 2020 to 2027.

With the rising complexity in deck designing, manually made deck designs have no way to verify their accuracy and correctness. Design rules have become quite complicated in the latest process technologies. Their definition is often vague and difficult to understand, and their respective implementation of the check deck may take more than 100,000 lines of code to create and debug for as long as two years. Therefore, manually coding these tests is not only very slow, but it also lead to error. For instance, Sage-DA launched its integrated design rule management (iDRM) solution. This solution is based on a modern and innovative technology that allows complex design rules to be quickly captured visually with instantaneous control capability that allows the definition of the rule to be tested against the test layout. For designers, iDRM offers a simple visual and unambiguous explanation of the rule and allows closure between the original intent of the rule and its application at the same time. This is increasing the efficiency of the designers, thereby influencing adoption rate of the software. The above-mentioned factors are anticipated to influence the deck design software market growth over the years.

Impact of COVID-19 Pandemic on Deck Design Software Market

The COVID-19 pandemic first began in Wuhan, China, during December 2019, and since then, it has spread across the world. The COVID-19 crisis is affecting industries worldwide, and the global economy witnessed the worst hit in 2020 and it is likely to continue in 2021. The closure of construction activities across the globe to combat the spread of the virus adversely affected any new adoption of technology. However, with strict social distancing norms laid down by the federal government, real estate companies are more inclined to adopt cloud solutions in order to enable remote working on designing and planning layouts of residential and commercial properties. Thus, the spread of the COVID-19 virus initially affected the deck design software market severely; however, it is expected to influence the adoption of cloud-based solution over the years.

Lucrative Regional Markets for Deck Design Software Providers

Lucrative Regional Markets for Deck Design Software Providers
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

Deck Design Software Market Insights

Integration of Technology in Deck Design Software Fuels Growth of Deck Design Software Market

The integration of technologies, such as artificial intelligence and machine learning algorithms, in deck designing software is increasing its efficiency, thereby contributing to the market growth. These technologically advanced solutions operate as a smart tool to print professionally designed deck plans. For instance, Delta Software International LLC offers CAD Pro for creating precise and professional deck designs for landscape decks, hot tub decks, pool decks, deck railing, custom deck plans, multi-level decks, and commercial decks. The software allows in-app purchase for specific needs as per the client’s requirement, such as outdoor kitchens, shade arbors, decks, tree houses, and lake houses. These easy-to-use plans add value and comfort to the user and enable them to save overall operational cost. Additionally, CAD Pro’s “Smart Dimensioning” tool enables automatic creation of deck plan dimensions with a few simple clicks, thus, saving overall time in designing. Thus, integration of technology with the software is expected to influence the growth of deck design software market during the forecast period.

Deployment Based Market Insights

Based on deployment, the deck design software market is further segmented into cloud and on-premise. The cloud-based deck design software is witnessing high demand as compared to on-premise deck design software. The cloud segment generates the majority of the demand since it is comparatively less expensive due to strong network infrastructure in developed countries. In addition, the cloud-based deck design software vendors are highly focused on developing a high-level security patch in order to eliminate the risk of cyberattack. This factor is also creating significant demand from end-users, thereby driving the deck design software market. The cloud segment held the largest market share in 2019, and it is anticipated to grow at the highest CAGR during the forecast period.

Deck Design Software Market, by Deployment – 2019 and 2027

Deck Design Software Market, by Deployment – 2019 and 2027
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

End-Users Based Market Insights

Based on end-user, the deck design software market is further segmented into individual and designers. Increasing investment in real estate by enterprises and rising standard of living of global population across both developed and developing nations are significantly driving the demand for deck design software. The designers segment held the largest market share in 2019, and the individual segment is anticipated to grow at the highest CAGR during the forecast period.

Application Based Market Insights

Based on application, the deck design software market is further segmented into residential and commercial. Increasing investment in real estate by individuals and industries to live and work in a soothing environment across both developed and developing nations is significantly driving the demand for deck design software. The commercial segment held the largest market share in 2019, and residential segment is anticipated to grow at the highest CAGR during the forecast period.

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Deck Design Software Market: Strategic Insights

deck-design-software-market
Market Size Value inUS$ 186.14 Million in 2019
Market Size Value byUS$ 510.66 Million by 2027
Growth rateCAGR of 14.0% from 2020-2027
Forecast Period2020-2027
Base Year2020
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The players operating in the deck design software market are focusing on strategies, such as mergers, acquisitions, and market initiatives, to maintain their positions in the market. A few developments by key players are listed below:

In November 2020, Fiberon announced the expansion of their partnership with Wolf Home Products. Fiberon decking and railing products would now be available throughout Ohio, Western Pennsylvania, and upstate New York, marking an enhanced multi-state expansion of the partnership between the two companies.

In August 2018, MiTek Inc. had released the latest version of MiTek deck designer, which allows advanced customization of deck levels, direction, and color & size of deck planks, among other features.

By Deployment 

  • Cloud
  • On-Premise

By End-User

  • Individual
  • Designers

By Application

  • Residential
  • Commercial

By Geography

  • North America

    • US
    • Canada
    • Mexico
  • Europe

    • France
    • Germany
    • Italy
    • UK
    • Russia
    • Rest of Europe
  • Asia Pacific (APAC)

    • China
    • India
    • South Korea
    • Japan
    • Australia
    • Rest of APAC
  • Middle East & Africa (MEA)

    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of MEA
  • South America (SAM)

    • Brazil
    • Argentina
    • Rest of SAM

Company Profiles

  • AZEK Building Products (TimberTech)
  • Chief Architect, Inc.
  • Delta Software International LLC (CAD Pro)
  • Fiberon
  • Idea Spectrum, Inc.
  • Luxwood Software Tools
  • MiTek Inc.
  • Simpson Strong-Tie Company Inc.
  • SmartDraw, LLC
  • Trex Company, Inc.
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Deployment , End User , and Application

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States

Frequently Asked Questions


Which region is the fastest growing region of the deck design software market?

APAC is the fastest growing region. Investing in infrastructure mitigates poverty in developing countries by introducing projects, such as bridges, highways, communications, sanitation, and electricity. These ventures enable both public and private investors to benefit from the investment of capital. Moreover, the countries have experienced a rise in both public and private investments in developing residential and commercial complexes across the region. This is boosting the adoption of designing solutions to implement modern trends across the constructions.

Which factor is driving growth of the deck design software market?

With the rising complexity in deck designing, manually made deck designs have no way to verify their accuracy and correctness. Design rules have become quite complicated in the latest process technologies (20 nm and below). Their definition is often vague and difficult to understand, and their respective implementation of the check deck may take more than 100,000 lines of code to create and debug for as long as two years. Therefore, manually coding these tests is not only very slow, but it is also prone to error, placing early designs in new process technology at risk, and potentially causing low yield, silicon failures, re-spins of design and delays in time-to-market.

Which sector led the deck design software market?

The commercial places include places like cafes, restaurants, extended office spaces, and hotels and resorts amongst others. The rise in spending by both private and public sectors on beautifying these commercial spaces is increasing the complexities across them in designing and planning layouts among the construction sites. These factors are raising demand for the deck design software among the sector over the years. For instance, AZEK BUILDING PRODUCTS (TIMBERTECH) offers 3D deck designer tool for development of premium, and low maintenance deck designs with the help of technologies such as virtual reality (VR) and augmented reality (AR) for enterprise retailers and manufacturers amongst others. The above-mentioned factors are influencing the adoption of deck design software among the commercial sector.

The List of Companies - Deck Design Software Market

  1. AZEK Building Products (TimberTech)
  2. Chief Architect, Inc.
  3. Delta Software International LLC (CAD Pro)
  4. Fiberon
  5. Idea Spectrum, Inc.
  6. Luxwood Software Tools
  7. MiTek Inc.
  8. Simpson Strong-Tie Company Inc.
  9. SmartDraw, LLC
  10. Trex Company, Inc.

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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