Urban Planning Software and Services Market Growth Factors, Revenue Analysis by 2031

The global urban planning software and services market is anticipated to grow at a CAGR of 4.2% during the forecast period. Numerous government initiatives, funding, and schemes launched by regulatory bodies are projected to drive the growth of the market. For instance, in March 2021, the total allocated investments for the Smart City Mission stood at $27.6 billion. Of the total investments, 5,614 projects worth $ 23.29 billion have been tendered, work orders have been issued for 4,912 projects worth $ 18.83 billion, and 2,420 projects worth $5.40 billion have been completed as per the Indian Brand Equity Foundation (IBEF) Moreover, in June 2020, Sterlite Power entered a PPP agreement with the Gurugram Metropolitan Development Authority (GMDA) to build and maintain the fibre network in Gurugram Sub City 2 for 21 years. 

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The key companies operating in the market are highly inclined towards the adoption of different growth strategies including expansion, partnerships, mergers and acquisitions, and geographical expansion, to remain competitive in the marketplace. For instance, in March 2022, UP42 and its parent company Airbus teamed up for offering urban planning experts and decision-makers easier access to data to develop and scale solutions more rapidly, removing technical and commercial barriers that can slow down progress in making cities and communities greener and more liveable by 2030.

Further, in October 2020, SimWalk introduced BIM, upgraded with the featuressupporting OpenBIM IFC format, BIM Conversion Tickets, and Simulation Plans in minutes. New Simwalk BIM is suitable for urgent projects completion as it extracts required data and automatically converts it for simulation plans with a few clicks. This updated feature will attract more customers toward BIM

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Market Coverage

• Segment Covered- 

o             By Component 

o             By Deployment

o             By End-User 

• Regions Covered-

o              North America

o              Europe

o             Asia-Pacific 

o             Rest of the World

• Competitive Landscape includes- Aecom, Autodesk Inc., Bentley, Esri, Boston Consulting Group, Inc., Citycad Technologies Ltd., and others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment/region dominates the market in the base year?
• Which segment/region will project the fastest growth in the market?
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Urban Planning Software and Services Market– Segmentation

By Component

• Software 
• Services 

By Deployment 

• Cloud-based
• Web-based 

By End-User 

• Government 
• Real Estate
• Infrastructure Companies 

Global Urban Planning Software and Services Market by Region 

North America

• US
• Canada

Europe 

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa 
• Latin America 

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