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Urban Planning Software and Services Market Soars: Projected to Hit USD 215.3 Billion by 2030

03-11-2024 07:57 AM CET | IT, New Media & Software

Press release from: Acumen Research and Consulting

Urban Planning Software and Services Market Soars: Projected

Key Points and Statistics on the Urban Planning Software and Services Market:
● The Urban Planning Software and Services Market size is projected to reach USD 215.3 billion by 2030, with a CAGR of 4.4% from 2022 to 2030.
● The Asia-Pacific region dominated the market in 2021, with a value of over USD 59.8 billion.
● Cloud-based deployment accounted for a 61% share in 2021, favored for its accessibility and cost-efficiency.
● Government end-users generated USD 93.3 billion in revenue in 2021, indicating significant use in public sector planning.

Urban Planning Software and Services are at the forefront of shaping the future of our cities and towns. These tools are crucial in managing the complex social, physical, and economic development of urban areas. In 2021, the market was valued at USD 145.8 billion and is expected to surge to USD 215.3 billion by 2030. The integration of technologies like GIS, CAD, and simulation models into urban planning signifies a leap towards more resilient and livable communities. Despite challenges such as high costs and data security concerns, the market is poised for growth, driven by urbanization and smart city initiatives.

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Urban Planning Software and Services Market Overview and Analysis:
Urban planning software and services are not just about creating maps and models; they are about fostering sustainable and adaptable urban environments. The market is innovating to address the growing demands for efficient transportation, walkable communities, and green buildings. However, the path forward is not without obstacles. High costs and cybersecurity concerns are significant barriers, while the push for standardization and data privacy remains a challenge.

Latest Trends and Innovations in Urban Planning Software and Services Market:
The trend towards decentralization in urban planning is shaping market dynamics, emphasizing the need for collaborative and participatory planning processes. Technological advancements in GIS and simulation software are enhancing the ability to analyze urban environments, making planning more data-driven and precise.

Major Growth Drivers of the Urban Planning Software and Services Market:
Urbanization: As more people move to cities, there is a greater need for sophisticated urban planning to ensure that these cities are sustainable and livable. Urban planning software can help cities to develop and implement plans that address issues such as traffic congestion, air pollution, and affordable housing.
Global funding and investments in urban development projects: Governments and private investors are increasingly funding urban development projects, such as the construction of new roads, bridges, and public transportation systems. Urban planning software can help to ensure that these projects are completed on time and within budget.
Demand for walkable and livable communities: There is a growing demand for walkable and livable communities, where people can easily access jobs, schools, and other amenities without having to rely on cars. Urban planning software can help cities to design and develop communities that meet these needs.
Need for efficient transportation solutions: As cities continue to grow, there is a greater need for efficient transportation solutions. Urban planning software can help cities to develop and implement plans that improve public transportation, bicycle lanes, and other transportation options.

Key Challenges Facing the Urban Planning Software and Services Industry:
The high cost of software and services can be prohibitive, particularly for developing countries. Urban planning software and services can be expensive, which can make it difficult for developing countries to afford them. This can limit the use of these tools in these countries, which can have a negative impact on their ability to develop and grow.
Cybersecurity and data privacy issues are major concerns, given the sensitive nature of urban planning data. Urban planning data can be sensitive, as it can contain information about people's homes, businesses, and other personal information. This data needs to be protected from unauthorized access and use.
There is a lack of standardization in the industry, which can make it difficult for different software and services to work together. There is no one standard for urban planning software and services, which can make it difficult for different software and services to work together. This can make it difficult for cities to find the right software and services for their needs.
There is a shortage of skilled professionals in the industry. There is a shortage of skilled professionals in the urban planning software and services industry. This can make it difficult for cities to find the right people to use and implement these tools.
There is a lack of awareness of the benefits of urban planning software and services. There is a lack of awareness of the benefits of urban planning software and services. This can make it difficult for cities to see the value in these tools and invest in them.

Urban Planning Software and Services Market Segmentation Insights:

Based on Component
● Service
● Software

Based on Deployment
● Web-Based
● Cloud-Based

Based on End-User
● Real Estate and Infrastructure Companies
● Government

Overview by Region of the Urban Planning Software and Services Market:
While Asia-Pacific leads the market, North America and Europe are not far behind, with smart city initiatives driving growth. Latin America, the Middle East, and Africa are also showing promising growth due to increasing urbanization and sustainable development initiatives.

Urban Planning Software and Services Market Table of Content:

CHAPTER 1. Industry Overview of Urban Planning Software and Services Market

CHAPTER 2. Research Approach

CHAPTER 3. Market Dynamics And Competition Analysis

CHAPTER 4. Urban Planning Software and Services Market By Component

CHAPTER 5. Urban Planning Software and Services Market By Deployment

CHAPTER 6. Urban Planning Software and Services Market By End-User

CHAPTER 7. North America Urban Planning Software and Services Market By Country

CHAPTER 8. Europe Urban Planning Software and Services Market By Country

CHAPTER 9. Asia-Pacific Urban Planning Software and Services Market By Country

CHAPTER 10. Latin America Urban Planning Software and Services Market By Country

CHAPTER 11. Middle East & Africa Urban Planning Software and Services Market By Country

CHAPTER 12. Player Analysis Of Urban Planning Software and Services Market

CHAPTER 13. Company Profile

List of Key Players in the Global Urban Planning Software and Services Market:
Notable market players include Autodesk Inc., AECOM, Boston Consulting Group, Bentley Systems, and Esri, among others.

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Acumen Research and Consulting (ARC) is a global provider of market intelligence and consulting services to information technology, investment, telecommunication, manufacturing, and consumer technology markets. ARC helps investment communities, IT professionals, and business executives to make fact based decisions on technology purchases and develop firm growth strategies to sustain market competition. With the team size of 100+ Analysts and collective industry experience of more than 200 years, Acumen Research and Consulting assures to deliver a combination of industry knowledge along with global and country level expertise.

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