Generative Design Market was valued at USD 128.46 Million in 2019 and is projected to reach a CAGR of 20.3% from 2021 to 2028.
Generative design refers to iterative design process which involves different software which enables the user to generate a product design which is further fine-tuned by the user to generate the actual product design. The growth of generative design market is heavily influenced by the introduction of different product designing courses in high schools located in the developed countries.
Rising need for advanced design software to drive growing demand, product innovation for enhanced production efficiency and environment-friendly architecture are some of the factors that have supported long-term expansion for Generative Design Market.