North America Deck Design Software Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Deployment (Cloud and On-premise), End-User (Individual and Designers), and Application (Residential and Commercial)
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The deck design software market in North America is expected to grow from US$ 74.98 million in 2019 to US$ 190.58 million by 2027; it is estimated to grow at a CAGR of 12.9% from 2020 to 2027.
The US, Canada, and Mexico are major economies in North America. Rising Adoption of Deck Designing Software in Real Estate Industry recently gained momentum after weak growth over the past few year. The constantly rising standard of living among the population is increasing their spending across building dream houses. This is influencing the adoption of modern trends, designs, and layout in both residential and commercial complexes. Some of the recent trends of building layouts are implementation of modern/industrial aesthetic, varied-plank decking, natural materials, and composite decking, among others. These changing trends in infrastructure designing are boosting the need for designing software across the real estate industry is also bolstering the growth of the industry.
North America has the highest adoption and growth rate of new technologies owing to favorable government policies to boost innovation and strengthen the infrastructure capabilities. Hence, any impact on industries is expected to affect the economic growth of the region in a negative manner. Presently, the US is the world’s worst affected country due to COVID-19 outbreak thereby affecting constructional activities and investments in the sector adversely. With the closure of construction activities across major countries such as United States, Canada and Mexico amongst others to combat the spread of the virus across the region is thereby affecting any new adoption of technology, adversely. However, with the start of economic activities in the region, with strict social distancing norms laid down by the federal government across the countries, 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 across the region. Thus, the spread of the corona has initially affected the deck design software market severely, but is expected to influence the adoption of cloud based solution over the years
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive deck design software market. The North America deck design software market is expected to grow at a good CAGR during the forecast period
North America Deck Design Software Market Segmentation
North America Deck Design Software Market – By Cable Type
- Single Core
- Twin Core
North America Deck Design Software Market – By Deployment
- Cloud
- On-Premise
North America Deck Design Software Market – By End-User
- Individual
- Designers
North America Deck Design Software Market – By Application
- Residential
- Commercial
North America Deck Design Software Market– By Country
- US
- Canada
- Mexico
North America Deck Design Software Market-Companies Mentioned
- 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
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