Industry Background:
Urban planning software is a software that is used to plan urban layouts and design 3D models for urban environments. City planners and architects widely use urban planning software in order to get a 3d view of how their urban designs would look in the real world. The Urban Planning Software industry is expected to grow in the forecasted period owing to largely in response to the recovery of construction markets and a trend toward urbanization. Apart from this, the government initiation for various new projects has created a heightened demand for industry products, despite significant local budget shortfalls.This growth is primarily driven by Adoption of Centralized Decision-making Model to Boost Market Growth, The Rapid Pace of Urbanization in Several Parts of the World and Governments are increasingly focused on meeting a wide variety of complex needs in city infrastructure by deploying GIS tools and technologies. Several macroeconomic trends and several technology trends fuel growth in the urban planning software and services market.
Globally, a noticeable market trend is evident Urban Planners are Leveraging Smart City Ecosystems by Adopting Spate of Digital Technologies in Mobility and Infrastructure Development, with an Aim in Improving The Quality of Life. Major Players, such as Autodesk Inc. (United States), ESRI (United States), Bentley (United Kingdom), Lumion (Netherlands), ArcGIS Urban (India), SimWalk (Switzerland), City Form Lab (United States) and Holistic City (United Kingdom) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Regulatory Insights:
According to the UN, 68% of the world population projected to live in urban areas by 2050. Projections show that urbanization, the gradual shift in the residence of the human population from rural to urban areas, combined with the overall growth of the world’s population could add another 2.5 billion people to urban areas by 2050, with close to 90% of this increase taking place in Asia and Africa
Market Drivers
- Adoption of Centralized Decision-making Model to Boost Market Growth
- The Rapid Pace of Urbanization in Several Parts of the World
- Governments are increasingly focused on meeting a wide variety of complex needs in city infrastructure by deploying GIS tools and technologies. Several macroeconomic trends and several technology trends fuel growth in the urban planning software and services market
Market Trend
- Urban Planners are Leveraging Smart City Ecosystems by Adopting Spate of Digital Technologies in Mobility and Infrastructure Development, with an Aim in Improving The Quality of Life
Restraints
- Inadequate Capacity of Planning Institutions and Conventional Business Models in Various Countries
Opportunities
Increase in Smart City Project Plans and The rapid pace smart city with which smart city initiatives are being implemented in developing economies has helped urban planners developing regions to meet complex mobility and infrastructure needs
Challenges
Urban Planners Have Called for Adopting Centralized Decision and Policy-Making Models and Technology Transfer for Digital Transformation
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Urban Planning Software Study Sheds Light on
The Urban Planning Software Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Urban Planning Software industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Urban Planning Software industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.