21-Jan-2022 | Facts and Factors
As per the report published by Facts and Factors, the global demand for Urban Planning Software And Services market in 2020 was valued at around USD 141.37 billion and is projected to reach approximately USD 180.95 billion by 2026 at a CAGR growth of roughly 4.2% during the forecast period 2021-2026.
Urban planning is one of the most important components of any country's development plans since it deals with land development and effective usage, public welfare, and environmental safety. Utility systems, infrastructure, communication networks, distribution chains, and a variety of other aspects and activities are all part of the urban planning process. To handle such complex procedures and conceptualize urban designs and plan layouts, urban planners are turning to urban planning software and services.
Urban planning software is used to create 3D urban environment models and plan urban layouts. Urban planning software is being used by city planners and architects to visualize how real-world urban designs would look. The use of 3D representations can help to improve urban planning concepts and town design layouts. Architects, real estate firms, infrastructure developers, urban planners, and urban development-related creative departments all use urban planning software. It also enables city planners to construct around existing urban infrastructure.
Several sectors were significantly disrupted by the Covid-19 pandemic, which had a significant influence on business operations and processes. The urban planning software and service market were badly damaged when governments shifted their focus from other development efforts to the healthcare sector. However, due to the need for better urban planning to prevent future risks of unknown natural disasters, the urban planning software and services business is predicted to revive post-pandemic.
Major players in the global urban planning software and services market are Boston Consulting Group, Bentley Systems Incorporated, Stantec, Ramboll Group A/S, Urban Planning Services, Town Planning Services, Autodesk Inc., UrbanSim Inc., Environmental System Research Institute Inc., Agilicity LLC, Lumion, Holistic City Limited, SketchUp, SimWalk, and UrbanFootprint among others.
Adoption of Smart Cities
Every week, 1.3 million people move into cities, according to the Smart City Hub. There are 21 megacities in the world, each with a population of more than 10 million people. Around 500 cities have populations of one million or more; China alone is anticipated to have 221 cities with populations of one million or more by 2025. Because of the increased use of the Internet, customers have grown more digitally aware. In addition, information on the internet is readily available. In their regular transactions or online activity, users need quickness.
Online government services, apartment sharing apps, e-hailing, home energy automation, smart parking, and real-time road navigation apps are all examples of smart city solutions. Smart cities offer public information and service solutions, as well as electronic service delivery and intelligent traffic management. Rising government and organizing body investment in smart cities is expected to drive urban planning for a number of cities, resulting in the expansion of the urban planning software and services industry.
Asia Pacific Region is the Fastest-Growing Region
Due to the sheer drastic revolution in the way cities are planned and designed, the Asia Pacific market is expected to grow fast over the forecast years. Across the Asia Pacific, large-scale urban planning has shaped environmentally friendly urban landscapes that are both smart and sustainable. The rise of various smart city initiatives in nations like India, China, and Singapore has resulted in an increase in demand for innovative structures and cutting-edge infrastructure. The rising focus on engineering, planning, interiors, and architecture and addressing environmental concerns has improved the market outlook for urban planning software and services in this region.
Report Scope
Report Attribute |
Details |
Market Size in 2020 |
USD 141.37 Billion |
Projected Market Size in 2026 |
USD 180.95 Billion |
CAGR Growth Rate |
4.2% CAGR |
Base Year |
2020 |
Forecast Years |
2021-2026 |
Key Market Players |
Boston Consulting Group, Bentley Systems Incorporated, Stantec, Ramboll Group A/S, Urban Planning Services, Town Planning Services, Autodesk Inc., UrbanSim Inc., Environmental System Research Institute Inc., Agilicity LLC, Lumion, Holistic City Limited, and Others |
Key Segment |
By Component, By Deployment, By Application, By End User, and By Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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Browse the full “Urban Planning Software and Services Market by Component (Software, and Services), By Deployment (Cloud-based, and Web-based), By Application (Commercial Interiors, Architecture, Project/Site Planning, Residential Construction, Urban Planning, and Creative Departments), By End User (Government, Real Estate, and Infrastructure Companies): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026.” report at https://www.fnfresearch.com/urban-planning-software-and-services-market
The global urban planning software and services market is segmented as follows:
By Component
By Deployment
By Application
- Commercial Interiors
- Architecture
- Project/Site Planning
- Residential Construction
- Urban Planning
- Creative Departments
By End User
- Government
- Real Estate
- Infrastructure Companies
By Region
- North America
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
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