Global Urban Planning Software & Services Market Overview:
Urban Planning software and services have been used in a wide range of applications, most notably in the digitalization of smart cities, for assessing land use and mapping utility delivery, allowing city planners and governments to improve the quality of life of people all over the world. By adopting urban planning software and services, stakeholders in the value chain adopt a centralized model for satisfying regulatory criteria and evaluating the extent of new developments.
Growth Drivers
- Growing concerns about safety issues
- Increasing efforts to improve the multi-modal network performance in road infrastructure
Roadblocks
- Inadequate planning institutional capacity and traditional business models in different countries
Opportunities
- Rising number of cities and suburban areas with a significantly growing IT industry
- Growing demand for urban planning software & services for commercial interiors
Challenges
- Technology transfer for digital transformation
Competitive Landscape:
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are 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). Additionally, following companies can also be profiled that are part of our coverage like Boston Consulting Group (United States) and Ramboll Group A/S (Denmark). Analyst at AMA Research see United States Players to retain maximum share of Global Urban Planning Software & Services market by 2026. Considering Market by Component, the sub-segment i.e. Software will boost the Urban Planning Software & Services market. Considering Market by End User, the sub-segment i.e. Government will boost the Urban Planning Software & Services market.
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
What Can be Explored with the Urban Planning Software & Services Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Urban Planning Software & Services Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Urban Planning Software & Services
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Urban Planning Software & Services market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Urban Planning Software & Services market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Urban Planning Software and Services Developers and Providers, New Entrants/Investors, Venture Capitalists and Private Equity Firms, Analysts and Strategic Business Planners, Government Regulatory and Research Organizations and End-Use Industries.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.