Global Logo Design Software Market Trends 2024: Size, CAGR, Prominent Segments, and Leading Regions

Logo design software refers to computer programs or applications specifically designed for creating, editing, and manipulating visual elements to design logos and brand identities. These software tools provide graphic designers, businesses, and individuals with various features and functionalities to conceptualize and produce unique and professional-looking logos.

Sizing and Forecast

The logo design software market size has grown rapidly in recent years. It will grow from $1.64 billion in 2023 to $1.81 billion in 2024 at a compound annual growth rate (CAGR) of 10.5%.  The growth in the historic period can be attributed to an increase in small businesses, e-commerce growth, rise in social media, growth of digital marketing, and expansion of cloud-based platforms.

The logo design software market size is expected to see rapid growth in the next few years. It will grow to $2.74 billion in 2028 at a compound annual growth rate (CAGR) of 10.8%.  The growth in the forecast period can be attributed to the increasing adoption of cloud-based solutions, rising entrepreneurial activity, increasing demand for brand identity, and rising popularity of social media. Major trends in the forecast period include technological advancements, integration of artificial intelligence, integration with social media platforms, integration with print services, and collaboration with influencers.

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Segmentation & Regional Insights

The logo design software market covered in this report is segmented –

1) By Type: Android, iPhone Operating System, Personal Computer
2) By Deployment Mode: Cloud-Based, On-Premises
3) By Organization Size: Large Enterprise, Small And Medium-Sized Enterprises
4) By End-Use Industry: Advertising, Media, Corporate, Other End User Industries

North America was the largest region in the logo design software market in 2023. The regions covered in the logo design software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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Major Driver Impacting Market Growth
A growing number of start-ups is expected to propel the growth of the logo design software market going forward. Start-ups refer to newly established businesses, often founded by entrepreneurs aiming to develop a unique product or service with high growth potential. The increase in the number of start-ups is due to access to technology, entrepreneurial culture, access to funding, and changing workforce dynamics. Logo design software empowers start-ups to create professional and impactful logos that help them stand out in the competitive marketplace, establish a strong brand identity, and attract customers. For instance, in February 2024, according to Startups.co.uk, a UK-based business advice website, the number of new businesses in 2023 totaled 39,966, marking a 6.5% rise compared to the same period in 2022. Therefore, the growing number of start-ups is driving the growth of the logo design software market.

Key Industry Players
Major companies operating in the logo design software market are Adobe Inc., Shopify Inc., Canva Pty Ltd., Envato Pty Ltd., Corel Corporation, QuarkXPress, Designhill Inc., Serif Ltd., Ucraft LLC, Tailor Brands Ltd., Desygner Pty Ltd., DesignCrowd Pty Ltd., Visme, Placeit, BrandCrowd, GraphicSprings Inc., Logaster Inc., Logojoy Inc., LogoGarden LLC, Logogenie LLC, Looka Corporation, Xara Group Limited, DesignMantic Inc., Laughingbird Software, Inkscape

The logo design software market report table of contents includes:

1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
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27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis

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