Urban planning is a political and technological process with the goal of creating and developing metropolitan settings such as adequate water, air, and infrastructure flowing through and inside of urban areas such as communications, distribution, and transportation networks and their accessibility. There are several prospects in transportation planning, according to the key companies in the software and services industry for urban planning. Additionally, they are working to improve the functionality of networks of multi-model road infrastructure.
Government budget imbalances and the increasing availability of open-source software are predicted to impede market expansion. The market's expansion is also anticipated to be hampered by institutional planning capacities that are insufficient across numerous nations and reluctance to depart from traditional business practices. Nevertheless, the market is anticipated to have significant expansion over the course of the forecast period due to factors including the rising number of suburban areas and cities, higher expenditures in smart city technologies and projects, and a developing worldwide IT sector.
Get Free Sample:- https://wemarketresearch.com/sample-request/urban-planning-software-and-services-market/54/
Global Urban Planning Software and Services: Segmentation Analysis
On the basis of Component
- Software Segment
- Service Segment
The service segment is expected to have the highest CAGR of 5.1% over the forecast period. It can be attributed to the growing demand for infrastructure planning, building planning, advisory, and digital services by the urban planners. The software segment has accounted for the largest revenue share and is projected to retain its dominance throughout the forecast period. The growth of the software segment can also be attributed to the increase in technology investments by governments for urban development.
On the basis of Deployment
- Cloud based segment
- Web based segment
The cloud-based segment accounts for the largest revenue share and is expected to retain its dominance during the forecast period. Additionally, the segment is also projected to grow at the highest CAGR of 4.5% throughout the forecast period. It can be attributed to the increase in awareness and popularity of cloud-based software deployments among organizations. Several benefits, such as flexibility, enhanced computing power, and cost-efficiency also drives the demand for cloud-based solutions. The web-based segment is projected to account for a significant market share and will maintain its position over the forecast period.
Top Key Players:-
- Autodesk Inc.
- Arcadis N.V.
- Arup Group Limited
- Bentley Systems
- Boston Consulting Group
- esri
- Holistic City Limited
- SketchUp (Trimble Inc.)
- SAVANNAH SIMULATIONS AG
- Stantec Inc.
- UrbanFootprint
- NEXTSENSE Ltd.
- Ramboll Group A/S
- Town Planning Services (TPS)
- UrbanSim Inc.
Interested in purchasing this Report? Click here:- https://wemarketresearch.com/purchase/urban-planning-software-and-services-market/54/?license=single
Frequently Asked Questions (FAQ):
- How big is the urban planning software and service market?
- What is the urban planning software and service market growth?
- Which segment accounted for the largest urban planning software and service market share?
- Who are the key players in urban planning software and service market?
- What are the factors driving the urban planning software and service market?
About We Market Research
WE MARKET RESEARCH is an established market analytics and research firm with a domain experience sprawling across different industries. We have been working on multi-county market studies right from our inception. Over the time, from our existence, we have gained laurels for our deep rooted market studies and insightful analysis of different markets.
Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. WE MARKET RESEARCH is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.
Contact Us:
We Market Research
Phone: +1(929)-450-2887
Email: [email protected]
