The Residential home design category has low entry barrier as any one with an aesthetic eye can easily start a Residential Interior design business of her own. Access to vendors is not an issue in the market as any one offering a competitive payment terms is generally accepted by a large number of competing vendors of furniture, fabrics and home accessories in the area (knowpapa.com).
Factors that affect interior design evoke “big-bucket” words like “Economy,” “Environment,” “Time,” and “Generational Differences.” The complexity of these forces and their interaction with design intertwine with the increasingly complex problems interior designers are being asked to solve.
Exploring and seeking to understand the factors that shape interior design can lead to advances in business and the …show more content…
The pace of change is fast and getting faster. Not only is change constant, but the pace of change is also fast and increasing. The rate at which new scientific understanding emerges, and new technologies hit the market is fast, and increasing, with no signs of slowing down. Humanity’s understanding of our biology and psychology, and how those things interact with the physical world, is growing exponentially. New advances, such as the technology available to designers – from BIM software to 3D printing, and even the flow of information via social media are evolving relentlessly, and can affect how we design, or how we should design, space. As digital natives (people who were brought up in the age of digital technology) become increasingly established in the workforce, it can be expected that the rate of change will keep rising (American Society of Interior Designers Reserach 2016/2017