You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.

DUBLIN--(BUSINESS WIRE)--The "Global Online Home Decor Market 2021-2025" report has been added to ResearchAndMarkets.com's offering. The publisher has been monitoring the online home decor market and it is poised to grow by $52.95 billion during 2021-2025 progressing at a CAGR of 9% during the forecast period. The report on online home decor market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the rise in online spending and smartphone penetration, increase in demand for multifunctional furniture, and rising popularity of blogs related to interior designing. The online home decor market analysis includes product segment and geographical landscapes. This study identifies growing demand for eco-friendly home decor items as one of the prime reasons driving the online home decor market growth during the next few years. Also, enhancement of consumer experience through technologies, and increasing demand for contractual furniture will lead to sizable demand in the market. Companies Mentioned The report on online home decor market covers the following areas: The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors. The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth. Key Topics Covered: 1. Executive Summary 2. Market Landscape 3. Market Sizing 4. Five Forces Analysis 5. Market Segmentation by Product 6. Customer landscape 7. Geographic Landscape 8. Vendor Landscape 9. Vendor Analysis 10. Appendix For more information about this report visit https://www.researchandmarkets.com/r/48qf25

Answer: Insights on the Online Home Decor Global Market to 2025 - Rise in Online Spending is Driving Growth - ResearchAndMarkets.com