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The cloud segment captured around 52% market share in 2023. Cloud deployment offers unparalleled flexibility, enabling users to access and collaborate on presentations from any location with internet connectivity. It promotes real-time collaboration, facilitating seamless teamwork and updates. Additionally, the scalability of cloud infrastructure ensures that users can easily accommodate growing data and user demands. Cost-effectiveness, automatic software updates, and enhanced security measures provided by reputable cloud service providers contribute to the widespread preference for cloud deployment in the dynamic and collaborative landscape of deck software usage.
The architects & builders segment dominated for a market share of about 43% in 2023. Deck software is increasingly embraced by architects and builders due to its efficiency in visualizing and communicating design concepts. These tools empower professionals to create detailed, visually compelling presentations, aiding in client pitches and project proposals. The collaborative nature of deck software allows architects and builders to seamlessly share ideas, revisions, and progress updates with clients and team members. Moreover, the ability to integrate 3D models and design elements enhances precision and clarity, streamlining the decision-making process and ultimately contributing to more effective and streamlined project workflows.
North America is experiencing growth in the deck software market. The region accounted for a market share of around 33% in 2022. The region has a robust technological infrastructure and a high level of digital adoption, fostering an environment conducive to software innovation. The dynamic business landscape and a strong emphasis on effective communication and collaboration further drive the demand for advanced presentation tools. Additionally, the presence of a diverse range of industries, from tech and finance to creative agencies, fuels the need for versatile and powerful deck software. The competitive market encourages constant innovation, pushing companies to develop cutting-edge features, making North America a thriving hub for the deck software industry.