The global urban planning software and services market size was US$ 143.93 billion in 2021. The global urban planning software and services market size is forecast to reach US$ 210.22 billion by 2030, growing at a compound annual growth rate (CAGR) of 4.3% during the forecast period from 2022 to 2030.
Urban planning software help plan urban layouts and creates 3D models of urban environments. Architects and city planners use urban planning software to visualize how their designs will look in the real world. By creating 3D visualizations, urban designers can improve their proposals for urban planning and create urban layouts that comply with city zoning regulations. A lot of architects, city planners, and creative departments involved in designing the layout of an urban environment use urban planning software. By integrating GIS software into their urban planning software, users can automatically import structures that exist in the real world. The users will save time, and urban planners will be able to construct around preexisting infrastructure.
Factors Influencing Market Growth
Impact Analysis of COVID-19
COVID-19 has adversely affected the urban planning software and services market. It is due to lockdowns implemented in light of the COVID-19 outbreak. In the wake of the lockdown, various major infrastructure development projects ceased, hampering the development of the industry. In addition, the spread of the virus has negatively affected most end users of the urban planning software and services industry, resulting in a decline in their demand. Governments across nations have shifted their attention from infrastructure development to healthcare. The factors listed above have hampered the growth of the global urban planning software and services industry.
Regional Insights
In 2021, the Asia Pacific region accounted for the highest market shares, which is forecast to continue dominating the market over the forecast period. Due to the rapid industrialization of developing countries such as China and India. Furthermore, the lucrative construction sector growth in major cities is forecast to provide huge growth opportunities for the market in the region.
North America is forecast to grow at a steady pace during the forecast period. Due to the presence of key industry players in North America, the regional market has grown steadily. Further, the growing focus on eco-friendly and sustainable city infrastructure will drive the industry's growth. Among the applications in this region, environmental impact assessment, waste management, water provision, and heritage preservation are gaining traction.
Leading Competitors
The leading prominent companies profiled in the global urban planning software and services market are:
Scope of the Report
The global urban planning software and services market segmentation focuses on Component, Deployment, End-User, and Region.
Segmentation based on Component
Segmentation based on Deployment
Segmentation based on End-User
Segmentation based on Region
