According to our latest market study on "Urban Planning and Design Software Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Component, Deployment, and Application," the market is expected to grow from US$ 2,916.26 million in 2021 to US$ 4,534.09 million by 2028; it is estimated to grow at a CAGR of 6.5% from 2021 to 2028.

Urban planning and design software is used to develop 3D urban environment models and plan urban layouts. City planners and architects utilize urban planning software to visualize real-world urban designs. The usage of three-dimensional representations can aid in the improvement of urban planning concepts and layouts. Urban planning software is used by architects, real estate firms, infrastructure developers, urban planners, and creative departments involved in urban development. It also makes it possible for city planners to build around existing infrastructure. Users can use Geographic Information Systems (GIS) software to automatically import structures in the real world into their urban planning and design program, which saves users time and helps urban planners design around an urban environment's current infrastructure. Traditional information management strategies are difficult to apply in planning problematic urban regions like squatter colonies. GIS allows for dynamic querying and analysis, information display, and a more accessible representation. The authors use GIS to examine squatter communities' social and infrastructure possibilities in various localities.

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With the digital transformation, the use of cloud-based platforms is increasing due to their simple and reduced deployment time and cost. Further, the internet infrastructure is established in developed countries and flourishing in several developing countries, allowing end users to access the cloud-based platforms. A few benefits of cloud-based urban planning and design software are secure hosting of critical data, improved security and scalability, and quick recovery of files. Backups are stored on a private or shared cloud host platform. Therefore, organizations can quickly recover critical server data. Also, with a stable internet connection, the data can be easily accessed from anywhere via secure logins. Cloud-based urban planning and design software also decreases repair and maintenance costs and enhances customer satisfaction. These benefits propel cloud-based solutions for integrating facility management services.

Several businesses worldwide are adopting cloud-based urban planning and design software platforms. For instance, Spacemaker, Bentley Systems International, Holistic City Limited, and UrbanSim provide cloud-based urban planning and design software. Therefore, its benefits will help architects, city planners, and creative departments adopt cloud-based technology for urban infrastructural developments. Also, it supports the growing demand for cloud-based urban planning and design software globally.

Bentley, ESRI, Lumion, Sketchup, and Modelur are the five key market players operating in the global urban planning and design software market. The urban planning and design software market is highly fragmented and competitive due to many small-scale and medium-scale manufacturers in both developed and developing economies. The top 5 market players focus on various organic and inorganic growth strategies to survive in the urban planning and design software market. Such as innovation of new technologies to offer enhanced product portfolios to the customers, merger and acquisitions, and expansion strategies.

Key Findings of Study:

Based on component, the global urban planning and design software market is bifurcated into software and services. In 2021, the software segment led the urban planning and design software market, accounting for a larger share in the market. The software can import 2D CAD files, 3D models, DEM data, aerial photography, and scan data and use them to start project planning. With the click of a button, a few software uses its built-in geolocation capabilities to pull specific topography images. Delivering 3D urban planning models as accessible graphics and animations is easier with urban planning and design software. Hundreds of thousands of objects, ranging from buildings to automobiles to landscape features, are included in the software for 3D modeling.

Based on deployment, the global urban planning and design software market is bifurcated into on-premise and cloud-based. In 2021, the cloud-based segment led the urban planning and design software market. Cloud-based software differs from on-premise software in one critical way. In an on-premise system, everything is hosted in-house, but in a cloud environment, everything is hosted by a third-party provider. This enables businesses to pay as they go and effectively scale up or down investment, based on total consumption, user needs, and company growth. A cloud-based server uses virtual technologies to remotely store and run a company's applications. There are no upfront costs, data may be periodically backed up, and businesses only pay for their use.

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