Summary

Product Configurator Market Research Report By Component (Software, Service), By Type (2D Product Configurator,3D Product Configurator), By Product Type (Complex product configurator, Simple product configurator), By Platform(Desktop, Web-Based, Mobile) By Vertical (Industrial Machinery, Energy & Power, Automotive, Furniture & Home Goods, Fashion And Others) ,By End User (Manufacturers, Distributors, E-Commerce) and By Region (North America, Europe, Asia-Pacific, Middle East and Africa, South America) Market Forecast Till 2030
Market Overview
According to MRFR, the global Product Configurator market has grown tremendously in recent years and is predicted to reach USD 4685.97 million by 2030, at a CAGR of 11.89% during the forecast period (2022-2030). Product configurators are online tools that allow customers/buyers to engage with and personalize products to their individual needs, ensuring that the finished product is exactly what they want. A product configurator allows a customer to view products in photorealistic 2D, 3D, and augmented reality, all from a single platform. It enables customers to click and create complicated goods, examine current price, and place orders with confidence. Most industries employ product configurator tools, including energy and power, industrial, automotive, furniture and home goods, and fashion firms.
The global Product Configurator market is predicted to increase over the forecast period, owing to rising product usage across various sectors and rising demand for customized products, which are the primary factors driving market growth. However, the high implementation costs will hinder the growth of the Product Configurator industry. On the contrary, the advent of extended realities, as well as integration with ERP and CRM, are likely to give a profitable growth potential for the Product Configurator market.

Market Segmentation
The global Product Configurator market is divided into seven segments: component, type, product type, platform, vertical, end users, and region.
The global market is divided into two segments based on components: software and services.
The market is split into two types: 2D Product Configurator and 3D Product Configurator. The global Product Configurator is divided into two categories based on the product type: Complex Product Configurator and Simple Product Configurator.
The global Product Configurator is divided into three platforms: desktop, web-based, and mobile. The global Product Configurator market is divided into six verticals: industrial machinery, energy and power, automotive, furniture and home goods, fashion, and others.
The market is divided into three segments based on end users: manufacturers, distributors, and ecommerce. The global Product Configurator is divided into five regions: North America, Europe, Asia-Pacific, the Middle East and Africa, and South America.
Analysis by Region
The market for product configurators was largest in North America. The United States, Canada, and Mexico make up North America. The market for industrial machinery is expanding in North America. Innovation in the manufacturing of industrial machinery is expected to lead to quick technical breakthroughs during the forecast period, which will expand the market.
China, Japan, India, South Korea, and the rest of the Asia Pacific region make up Asia Pacific. The growing need for product customisation based on consumer needs across several industry verticals, including automotive, industrial machinery, fashion, furniture & home goods, and others, is driving the market's expansion in this area. The growing trend toward increased industrial automation, which is being fueled by the growing need for precision manufacturing, is driving growth in the industrial machinery sector.
Major Players
The key vendors in the market are Configit A/S, Threekit Inc., Revalize, Inc., Resolto Informatik (Configon), Infosys Limited, GoExpedi, 3D Source, KBMax (Epicor Software Corporation), Conga (Apttus), Sofon B.V., Logik.io, Cadesign Form, OmegaCube Technologies, AES Technologies (India) Pvt. Ltd, Mercura, OptiProERP Software, Perscient Technologies, Rover Inc., Clarity Web Solutions, MRPeasy, and Caliburn Software Limited.

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Table of Contents

TABLE OF CONTENTS
1 EXECUTIVE SUMMARY ............................. 18
2 MARKET INTRODUCTION .......................... 19
2.1 DEFINITION ...................................................................... 19
2.2 SCOPE OF THE STUDY ...................................................... 19
2.3 RESEARCH OBJECTIVE ..................................................... 19
2.4 MARKET STRUCTURE ........................................................ 20
3 RESEARCH METHODOLOGY .................... 21
4 MARKET DYNAMICS .................................. 28
4.1 INTRODUCTION ................................................................ 28
4.2 DRIVERS ........................................................................... 29
4.2.1 INCREASING DEMAND FOR PRODUCT CUSTOMIZATION ACCORDING TO CUSTOMER’S REQUIREMENTS ............ 29
4.2.2 RISING ADOPTION OF PRODUCT CONFIGURATION TOOLS AMONG THE E-COMMERCE COMPANIES................... 29
4.2.3 GROWING FOCUS ON CUSTOMER SATISFACTION AMONG THE ORGANIZATIONS .............................................. 30
4.2.4 DRIVERS IMPACT ANALYSIS ......................................... 31
4.3 RESTRAINTS .................................................................... 31
4.3.1 HIGH IMPLEMENTATION COST ..................................... 31
4.3.2 RESTRAINTS IMPACT ANALYSIS ................................... 32
4.4 OPPORTUNITIES ............................................................... 32
4.4.1 INTEGRATION WITH CRM AND ERPS ............................. 32
4.4.2 THE EMERGENCE OF EXTENDED REALITY TECHNOLOGY ................................................................................. 33
4.5 IMPACT ANALYSIS OF COVID-19 ....................................... 33
4.5.1 IMPACT ON PRODUCT CONFIGURATION ADOPTION ....... 33
4.5.2 IMPACT ON INDUSTRY VERTICLES ................................ 33
4.5.3 COVID-19 IMPACT ON IT INDUSTRY............................... 34
4.5.4 YOY GROWTH 2020-2022 .............................................. 34
5 MARKET FACTOR ANALYSIS .................... 35
5.1 SUPPLY CHAIN ANALYSIS................................................. 35
5.1.1 SOFTWARE DESIGNERS & DEVELOPERS ........................ 35
5.1.2 SYSTEM INTEGRATORS ................................................ 35
5.1.3 END USERS .................................................................. 36
5.2 PORTER'S FIVE FORCES MODEL ........................................ 36
5.2.1 THREAT OF NEW ENTRANTS ......................................... 37
5.2.2 BARGAINING POWER OF SUPPLIERS ............................. 37
5.2.3 THREAT OF SUBSTITUTES ............................................ 37
5.2.4 BARGAINING POWER OF BUYERS .................................. 37
5.2.5 INTENSITY OF RIVALRY ................................................ 37
5.3 RESOLUTION EXTENDED REALITY (AR, VR, MR) PRODUCT CONFIGURATOR TECHNOLOGY OVERVIEW ANALYSIS ... 38
5.4 PRODUCT CONFIGURATOR INTEGRATION .......................... 39
5.4.1 THE COSTS OF INTEGRATING PRODUCT CONFIGURATORS .............................................................................. 39
5.4.2 INTEGRATION WITH CRM, ERP AND MANUFACTURING .. 39
5.4.3 INTEGRATING TO COMPUTER AIDED MANUFACTURE .... 39
5.4.4 INTEGRATION WITH LEGACY SYSTEMS ......................... 40
6 GLOBAL PRODUCT CONFIGURATOR MARKET, BY COMPONENT .......................................... 41
6.1 OVERVIEW ........................................................................ 41
6.2 GLOBAL PRODUCT CONFIGURATOR MARKET SIZE, MARKET ESTIMATES & FORECAST BY COMPONENT, 2019-2030 42
6.2.1 GLOBAL PRODUCT CONFIGURATOR MARKET SIZE: MARKET ESTIMATES & FORECAST BY COMPONENT, 2019-2030 .. 42
6.3 SOFTWARE ....................................................................... 42
6.4 SERVICES ......................................................................... 42
7 GLOBAL PRODUCT CONFIGURATOR MARKET, BY TYPE ........................................................ 43
7.1 OVERVIEW ........................................................................ 43
7.2 GLOBAL PRODUCT CONFIGURATOR MARKET SIZE, MARKET ESTIMATES & FORECAST BY TYPE, 2019-2030 .......... 44
7.2.1 GLOBAL PRODUCT CONFIGURATOR MARKET SIZE: MARKET ESTIMATES & FORECAST BY TYPE, 2019-2030 ...... 44
7.3 2D PRODUCT CONFIGURATOR ........................................... 44
7.4 3D VISUAL CONFIGURATOR .............................................. 44
8 GLOBAL PRODUCT CONFIGURATOR MARKET, BY PRODUCT TYPE ..................................... 45
8.1 OVERVIEW ........................................................................ 45
8.2 GLOBAL PRODUCT CONFIGURATOR MARKET SIZE, MARKET ESTIMATES & FORECAST BY PRODUCT TYPE, 2019-2030 46
8.2.1 GLOBAL PRODUCT CONFIGURATOR MARKET SIZE: MARKET ESTIMATES & FORECAST BY PRODUCT TYPE, 2019-2030 ............................................................................ 46
8.3 COMPLEX PRODUCT CONFIGURATOR ................................ 46
8.4 SIMPLE PRODUCT CONFIGURATOR ................................... 46
9 GLOBAL PRODUCT CONFIGURATOR MARKET, BY PLATFORM .............................................. 47
9.1 OVERVIEW ........................................................................ 47
9.2 GLOBAL PRODUCT CONFIGURATOR MARKET SIZE, MARKET ESTIMATES & FORECAST BY PLATFORM, 2019-2030 . 48
9.2.1 GLOBAL PRODUCT CONFIGURATOR MARKET SIZE: MARKET ESTIMATES & FORECAST BY PLATFORM, 2019-2030 .. 48
9.3 DESKTOP ......................................................................... 48
9.4 WEB-BASED ...................................................................... 48
9.5 MOBILE ............................................................................ 48
10 GLOBAL PRODUCT CONFIGURATOR MARKET, BY VERTICAL ................................................ 49
10.1 OVERVIEW ........................................................................ 49
10.2 GLOBAL PRODUCT CONFIGURATOR MARKET SIZE, MARKET ESTIMATES & FORECAST BY VERTICAL, 2019-2030 ... 50
10.2.1 GLOBAL PRODUCT CONFIGURATOR MARKET SIZE: MARKET ESTIMATES & FORECAST BY VERTICAL, 2019-2030 .. 50
10.3 INDUSTRIAL AND MACHINERY .......................................... 50
10.4 ENERGY AND POWER ........................................................ 50
10.5 AUTOMOTIVE ................................................................... 50
10.6 FURNITURE & HOME GOODS.............................................. 51
10.7 FASHION .......................................................................... 51
10.8 OTHERS ........................................................................... 51
11 GLOBAL PRODUCT CONFIGURATOR MARKET, BY END USERS ............................................ 52
11.1 OVERVIEW ........................................................................ 52
11.2 GLOBAL PRODUCT CONFIGURATOR MARKET SIZE, MARKET ESTIMATES & FORECAST BY END USERS, 2019-2030 . 53
11.2.1 GLOBAL PRODUCT CONFIGURATOR MARKET SIZE: MARKET ESTIMATES & FORECAST BY END USERS, 2019-2030 .. 53
11.3 MANUFACTURER .............................................................. 53
11.4 DISTRIBUTORS ................................................................. 53
11.5 E-COMMERCE ................................................................... 53
12 GLOBAL PRODUCT CONFIGURATOR MARKET, BY REGION ................................................... 54
12.1 OVERVIEW ........................................................................ 54
12.2 NORTH AMERICA .............................................................. 56
12.2.1 U.S............................................................................... 64
12.2.2 CANADA ...................................................................... 66
12.2.3 MEXICO ....................................................................... 68
12.3 ASIA PACIFIC ................................................................... 70
12.3.1 CHINA .......................................................................... 78
12.3.2 INDIA ........................................................................... 80
12.3.3 JAPAN ......................................................................... 82
12.3.4 REST OF ASIA PACIFIC.................................................. 84
12.4 EUROPE ........................................................................... 86
12.4.1 GERMANY .................................................................... 94
12.4.2 UK ............................................................................... 96
12.4.3 FRANCE ....................................................................... 98
12.4.4 REST OF EUROPE .......................................................... 100
12.5 MIDDLE EAST & AFRICA .................................................... 102
12.5.1 SAUDI ARABIA .............................................................. 109
12.5.2 UAE ............................................................................. 111
12.5.3 REST OF MEA ............................................................... 113
12.6 SOUTH AMERICA .............................................................. 115
13 COMPETITVE LANDSCAPE ....................... 121
13.1 COMPETITIVE BENCHMARKING ........................................ 122
13.2 VENDOR SHARE ANALYSIS ............................................... 124
13.3 RECENT DEVELOPMENTS ................................................. 124
13.3.1 PRODUCT DEVELOPMENT ............................................. 124
13.3.2 PARTNERSHIPS/AGREEMENTS/CONTRACTS/COLLABORATIONS ..................................................................... 126
14 COMPANY PROFILES ................................ 128
14.1 CONFIGIT A/S ................................................................... 128
14.1.1 COMPANY OVERVIEW ................................................... 128
14.1.2 FINANCIAL OVERVIEW .................................................. 128
14.1.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED ................. 128
14.1.4 KEY DEVELOPMENTS .................................................... 129
14.2 THREEKIT INC. ................................................................. 130
14.2.1 COMPANY OVERVIEW ................................................... 130
14.2.2 FINANCIAL OVERVIEW .................................................. 130
14.2.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED ................. 130
14.2.4 KEY DEVELOPMENTS .................................................... 131
14.3 REVALIZE, INC. ................................................................. 133
14.3.1 COMPANY OVERVIEW ................................................... 133
14.3.2 FINANCIAL OVERVIEW .................................................. 133
14.3.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED ................. 133
14.3.4 PRODUCTS/SOLUTIONS/SERVICES OFFERED ................. 134
14.3.5 PRODUCTS/SOLUTIONS/SERVICES OFFERED ................. 134
14.3.6 PRODUCTS/SOLUTIONS/SERVICES OFFERED ................. 134
14.3.7 PRODUCTS/SOLUTIONS/SERVICES OFFERED ................. 135
14.3.8 KEY DEVELOPMENTS .................................................... 135
14.4 RESOLTO INFORMATIK (CONFIGON).................................. 136
14.4.1 COMPANY OVERVIEW ................................................... 136
14.4.2 FINANCIAL OVERVIEW .................................................. 136
14.4.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED ................. 136
14.4.4 KEY DEVELOPMENTS .................................................... 136
14.5 INFOSYS LIMITED ............................................................. 137
14.5.1 COMPANY OVERVIEW ................................................... 137
14.5.2 FINANCIAL OVERVIEW .................................................. 138
14.5.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED ................. 138
14.5.4 KEY DEVELOPMENTS .................................................... 138
14.5.5 SWOT ANALYSIS .......................................................... 139
14.5.6 KEY STRATEGIES .......................................................... 139
14.6 GOEXPEDI ........................................................................ 140
14.6.1 COMPANY OVERVIEW ................................................... 140
14.6.2 FINANCIAL OVERVIEW .................................................. 140
14.6.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED ................. 140
14.6.4 KEY DEVELOPMENTS .................................................... 141
14.7 3D SOURCE ...................................................................... 142
14.7.1 COMPANY OVERVIEW ................................................... 142
14.7.2 FINANCIAL OVERVIEW .................................................. 142
14.7.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED ................. 142
14.7.4 KEY DEVELOPMENTS .................................................... 142
14.8 KBMAX (EPICOR SOFTWARE CORPORATION)..................... 143
14.8.1 COMPANY OVERVIEW ................................................... 143
14.8.2 FINANCIAL OVERVIEW .................................................. 143
14.8.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED ................. 143
14.8.4 KEY DEVELOPMENTS .................................................... 144
14.9 CONGA (APTTUS) ............................................................. 145
14.9.1 COMPANY OVERVIEW ................................................... 145
14.9.2 FINANCIAL OVERVIEW .................................................. 145
14.9.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED ................. 145
14.9.4 KEY DEVELOPMENTS .................................................... 145
14.10 SOFON B.V. ...................................................................... 146
14.10.1 COMPANY OVERVIEW ................................................... 146
14.10.2 FINANCIAL OVERVIEW .................................................. 146
14.10.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED ................. 146
14.10.4 KEY DEVELOPMENTS .................................................... 146
14.10.5 KEY STRATEGIES .......................................................... 147
14.11 LOGIK.IO .......................................................................... 147
14.11.1 COMPANY OVERVIEW ................................................... 147
14.11.2 FINANCIAL OVERVIEW .................................................. 147
14.11.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED ................. 147
14.11.4 KEY DEVELOPMENTS .................................................... 147
14.11.5 KEY STRATEGIES .......................................................... 148
14.12 CADESIGN FORM .............................................................. 149
14.12.1 COMPANY OVERVIEW ................................................... 149
14.12.2 FINANCIAL OVERVIEW .................................................. 149
14.12.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED ................. 149
14.12.4 KEY DEVELOPMENTS .................................................... 150
14.12.5 KEY STRATEGIES .......................................................... 150
14.13 OMEGACUBE TECHNOLOGIES ........................................... 151
14.13.1 COMPANY OVERVIEW ................................................... 151
14.13.2 FINANCIAL OVERVIEW .................................................. 151
14.13.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED ................. 151
14.13.4 KEY DEVELOPMENTS .................................................... 151
14.13.5 KEY STRATEGIES .......................................................... 151
14.14 AES TECHNOLOGIES (INDIA) PVT. LTD .............................. 152
14.14.1 COMPANY OVERVIEW ................................................... 152
14.14.2 FINANCIAL OVERVIEW .................................................. 152
14.14.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED ................. 152
14.14.4 KEY DEVELOPMENTS .................................................... 153
14.14.5 KEY STRATEGIES .......................................................... 153
14.15 MERCURA ........................................................................ 154
14.15.1 COMPANY OVERVIEW ................................................... 154
14.15.2 FINANCIAL OVERVIEW .................................................. 154
14.15.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED ................. 154
14.15.4 KEY DEVELOPMENTS .................................................... 154
14.16 OPTIPROERP SOFTWARE .................................................. 155
14.16.1 COMPANY OVERVIEW ................................................... 155
14.16.2 FINANCIAL OVERVIEW .................................................. 155
14.16.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED ................. 155
14.16.4 KEY DEVELOPMENTS .................................................... 156
14.16.5 KEY STRATEGIES .......................................................... 156
14.17 PRESCIENT TECHNOLOGIES ............................................. 157
14.17.1 COMPANY OVERVIEW ................................................... 157
14.17.2 FINANCIAL OVERVIEW .................................................. 157
14.17.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED ................. 157
14.17.4 KEY DEVELOPMENTS .................................................... 157
14.17.5 KEY STRATEGIES .......................................................... 157
14.18 ROVER INC. ...................................................................... 158
14.18.1 COMPANY OVERVIEW ................................................... 158
14.18.2 FINANCIAL OVERVIEW .................................................. 158
14.18.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED ................. 158
14.18.4 KEY DEVELOPMENTS .................................................... 158
14.19 CLARITY WEB SOLUTIONS ................................................ 159
14.19.1 COMPANY OVERVIEW ................................................... 159
14.19.2 FINANCIAL OVERVIEW .................................................. 159
14.19.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED ................. 159
14.19.4 KEY DEVELOPMENTS .................................................... 159
14.19.5 KEY STRATEGIES .......................................................... 159
14.20 MRPEASY ......................................................................... 160
14.20.1 COMPANY OVERVIEW ................................................... 160
14.20.2 FINANCIAL OVERVIEW .................................................. 160
14.20.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED ................. 160
14.20.4 KEY DEVELOPMENTS .................................................... 160
14.20.5 KEY STRATEGIES .......................................................... 160
14.21 CALIBURN SOFTWARE LIMITED ......................................... 161
14.21.1 COMPANY OVERVIEW ................................................... 161
14.21.2 FINANCIAL OVERVIEW .................................................. 161
14.21.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED ................. 161
14.21.4 KEY DEVELOPMENTS .................................................... 161
14.21.5 KEY STRATEGIES .......................................................... 161