According to the latest market research study on 'Urban Planning and Design Software Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Component, Deployment, and Application,' the market is expected to grow from US$ 2,916.26 million in 2021 to US$ 4,534.09 million by 2028; it is estimated to grow at a CAGR of 6.5% from 2021 to 2028.
Increasing Adoption of Cloud-Based Software Boosts Urban Planning and Design Software Market Growth
With the digital transformation, the use of cloud-based platforms is increasing due to their simple and reduced deployment time and cost. Further, the internet infrastructure is established in developed countries and flourishing in several developing countries, allowing end users to access the cloud-based platforms. A few benefits of cloud-based urban planning and design software are secure hosting of critical data, improved security and scalability, and quick recovery of files. Backups are stored on a private or shared cloud host platform. Therefore, organizations can quickly recover critical server data. Also, with a stable internet connection, the data can be easily accessed from anywhere via secure logins. Cloud-based urban planning and design software also decreases repair and maintenance costs and enhances customer satisfaction. These benefits propel cloud-based solutions for integrating facility management services.
Several businesses worldwide are adopting cloud-based urban planning and design software platforms. For instance, Spacemaker, Bentley Systems International, Holistic City Limited, and UrbanSim provide cloud-based urban planning and design software. Therefore, its benefits will help architects, city planners, and creative departments adopt cloud-based technology for urban infrastructural developments. Also, it supports the growing demand for cloud-based urban planning and design software globally.
Based on component, the global urban planning and design software market is bifurcated into software and services. In 2021, the software segment led the urban planning and design software market, accounting for a larger share in the market. The software can import 2D CAD files, 3D models, DEM data, aerial photography, and scan data and use them to start project planning. With the click of a button, a few software uses its built-in geolocation capabilities to pull specific topography images. Delivering 3D urban planning models as accessible graphics and animations is easier with urban planning and design software. Hundreds of thousands of objects, ranging from buildings to automobiles to landscape features, are included in the software for 3D modelling.
Based on deployment, the global urban planning and design software market is bifurcated into on-premise and cloud-based. In 2021, the cloud-based segment led the urban planning and design software market. Cloud-based software differs from on-premise software in one critical way. In an on-premise system, everything is hosted in-house, but in a cloud environment, everything is hosted by a third-party provider. This enables businesses to pay as they go and effectively scale up or down investment, based on total consumption, user needs, and company growth. A cloud-based server uses virtual technologies to remotely store and run a company's applications. There are no upfront costs, data may be periodically backed up, and businesses only pay for their use.
Based on application, the global urban planning and design software market is segmented into architects, city planners, and creative departments. In 2021, the architects segment led the urban planning and design software market. Though it usually only engages in the design of the building, architecture understands the importance of urban site selection and mixed-use programming to a city's social and financial health. The architect's innovative training and practice lead the person to start successful projects on undervalued sites. Because of this factor, the architect's involvement in the development process should be included in programming and site selection. This enlarged role will result in more frequent and higher-quality urban development, with financial incentives for communities, developers, and architects.
By geography, the urban planning and design software market is segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM). In 2021, North America accounted for the largest share in the global urban planning and design software market. In North America, the rise in renovation and new infrastructural projects results in a flourishing construction industry in urban areas. The urban planning and design software market growth will rise due to the 2D or 3D sketch plan used by the architects, city planners, and creative departments.
Reasons to Buy
Increasing Adoption of Cloud-Based Software Boosts Urban Planning and Design Software Market Growth
With the digital transformation, the use of cloud-based platforms is increasing due to their simple and reduced deployment time and cost. Further, the internet infrastructure is established in developed countries and flourishing in several developing countries, allowing end users to access the cloud-based platforms. A few benefits of cloud-based urban planning and design software are secure hosting of critical data, improved security and scalability, and quick recovery of files. Backups are stored on a private or shared cloud host platform. Therefore, organizations can quickly recover critical server data. Also, with a stable internet connection, the data can be easily accessed from anywhere via secure logins. Cloud-based urban planning and design software also decreases repair and maintenance costs and enhances customer satisfaction. These benefits propel cloud-based solutions for integrating facility management services.
Several businesses worldwide are adopting cloud-based urban planning and design software platforms. For instance, Spacemaker, Bentley Systems International, Holistic City Limited, and UrbanSim provide cloud-based urban planning and design software. Therefore, its benefits will help architects, city planners, and creative departments adopt cloud-based technology for urban infrastructural developments. Also, it supports the growing demand for cloud-based urban planning and design software globally.
Key Findings of Study:
Based on component, the global urban planning and design software market is bifurcated into software and services. In 2021, the software segment led the urban planning and design software market, accounting for a larger share in the market. The software can import 2D CAD files, 3D models, DEM data, aerial photography, and scan data and use them to start project planning. With the click of a button, a few software uses its built-in geolocation capabilities to pull specific topography images. Delivering 3D urban planning models as accessible graphics and animations is easier with urban planning and design software. Hundreds of thousands of objects, ranging from buildings to automobiles to landscape features, are included in the software for 3D modelling.
Based on deployment, the global urban planning and design software market is bifurcated into on-premise and cloud-based. In 2021, the cloud-based segment led the urban planning and design software market. Cloud-based software differs from on-premise software in one critical way. In an on-premise system, everything is hosted in-house, but in a cloud environment, everything is hosted by a third-party provider. This enables businesses to pay as they go and effectively scale up or down investment, based on total consumption, user needs, and company growth. A cloud-based server uses virtual technologies to remotely store and run a company's applications. There are no upfront costs, data may be periodically backed up, and businesses only pay for their use.
Based on application, the global urban planning and design software market is segmented into architects, city planners, and creative departments. In 2021, the architects segment led the urban planning and design software market. Though it usually only engages in the design of the building, architecture understands the importance of urban site selection and mixed-use programming to a city's social and financial health. The architect's innovative training and practice lead the person to start successful projects on undervalued sites. Because of this factor, the architect's involvement in the development process should be included in programming and site selection. This enlarged role will result in more frequent and higher-quality urban development, with financial incentives for communities, developers, and architects.
By geography, the urban planning and design software market is segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM). In 2021, North America accounted for the largest share in the global urban planning and design software market. In North America, the rise in renovation and new infrastructural projects results in a flourishing construction industry in urban areas. The urban planning and design software market growth will rise due to the 2D or 3D sketch plan used by the architects, city planners, and creative departments.
Reasons to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global urban planning and design software market
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the global urban planning and design software market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
Table of Contents
1. Introduction
3. Research Methodology
4. Urban Planning and Design Software Market Landscape
5. Urban Planning and Design Software Market - Key Market Dynamics
6. Urban Planning and Design Software Market - Global Market Analysis
7. Urban Planning and Design Software Market Analysis - By Component
8. Urban Planning and Design Software Market - By Deployment
9. Urban Planning and Design Software Market - By Application
10. Urban Planning and Design Software Market - Geographic Analysis
11. Urban Planning and Design Software Market - COVID-19 Impact Analysis
12. Urban Planning and Design Software Market - Industry Landscape
13. Company Profiles
14. Appendix
List of Tables
List of Figures
Executive Summary
The global urban planning and design software market is expected to grow from US$ 2,916.26 million in 2021 to US$ 4,534.09 million by 2028; it is estimated to grow at a CAGR of 6.5% from 2021 to 2028.The growth of suburban cities is due to the rural population’s migration in search of better employment and lifestyle. Global economists and urban planners found that economic and infrastructure development in suburban areas is also one of the reasons for the growth of suburbs. According to an article published by Times Property in January 2022, employment opportunities are more centralized within the city center compared to suburbs. The population density of suburban cities peaks within 2 km of the city center because of better transportation facilities and corporate offices. These are a few of the significant reasons for the growth of suburban areas in countries such as India. Therefore, the future transformation of rural to suburban areas will require planning and design software for infrastructural development; it will also support urban planning and design software market growth in the coming years.
Governments are shifting their focus from rigid decision-making to a centralized decision-making model due to benefits such as the quick implementation of decisions, improved work quality, and reduced unnecessary costs. Moreover, other urban planners are deploying a centralized model that is more open to ecosystem partners and individuals who are part of the value chain. Therefore, the focus on deploying a centralized decision-making model across countries is creating opportunities for urban planning and design software developers.
Impact of COVID-19 Pandemic on Global Urban Planning and Design Software Market
Before the emergence of the COVID-19 pandemic, urban planning and design software requirements were prevalent due to the growing global population. City leaders planned metropolitan cities and provided essential services and affordable housing solutions to overcome the expanding population need. According to the World Bank data, ~55% of the world's population (~4.2 billion inhabitants) lived in metro cities in 2019. This trend was continuously rising, and the need for developing infrastructure was also increasing, further supporting the growth of the urban planning and design software market.
In 2020, the COVID-19 pandemic adversely affected the urban planning and design software market's growth due to the downfall in the manufacturing & construction industries. The pandemic derailed the entire construction industry with the cancelations and postponements of several construction projects. Furthermore, as governments diverted their focus from development activities to healthcare, the urban planning and design software market was hampered.
In 2021 and 2022, the relaxation of lockdown measures and resumption of manufacturing & construction activities in urban areas positively impacted the urban planning and design software market growth. Also, due to the increase in the urban population, urban planning requirements have risen considerably. According to the World Bank Group data, by 2045, the global urban population will increase to 6 billion.
The urban planning and design software market growth was adversely affected owing to the downfall in the manufacturing & construction industries. However, the urban planning and design software market will grow during the forecast period due to the increase in the urban population.
Based on component, the global urban planning and design software market is bifurcated into software and services. In 2021, the software segment led the urban planning and design software market, accounting for a larger share in the market. Based on deployment, the global urban planning and design software market is bifurcated into on-premise and cloud-based. In 2021, the cloud-based segment accounted for a larger market share. Based on application, the global urban planning and design software market is segmented into architects, city planners, and creative departments. In 2021, the architects segment accounted for the largest market share. By geography, the urban planning and design software market is segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM). In 2021, North America accounted for the largest share in the global urban planning and design software market.
The overall urban planning and design software market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining an overview and forecast for the urban planning and design software market with respect to all the market segments. Also, primary interviews were conducted with industry participants to validate data and gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers—along with external consultants such as valuation experts, research analysts, and key opinion leaders—specializing in the urban planning and design software market.
The key companies operating in the urban planning and design software market include Bentley Systems Incorporated; Modelur; SIMWALK; SketchUp; UrbanFootprint; Urbansim; T-Square Engineering, Inc.; Esri; Holistic City Limited; and Act-3D.
Companies Mentioned
- Bentley Systems Incorporated
- Modelur
- Simwalk
- Sketchup
- Urbanfootprint
- Urbansim
- T-Square Engineering, Inc.
- Esri
- Holistic City Limited
- Act-3D
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 159 |
| Published | March 2022 |
| Forecast Period | 2021 - 2028 |
| Estimated Market Value ( USD | $ 2916.26 Million |
| Forecasted Market Value ( USD | $ 4534.09 Million |
| Compound Annual Growth Rate | 6.5% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
