The global “Urban Planning and Design Software 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.

The growth of suburban cities is due to the rural population's migration in search of better employment and lifestyle. Global economists and urban planners found that economic and infrastructure development in suburban areas is also one of the reasons for the growth of suburbs. According to an article published by Times Property in January 2022, employment opportunities are more centralized within the city center compared to suburbs. The population density of suburban cities peaks within 2 km of the city center because of better transportation facilities and corporate offices. These are a few of the significant reasons for the growth of suburban areas in countries such as India. Therefore, the future transformation of rural to suburban areas will require planning and design software for infrastructural development; it will also support urban planning and design software market growth in the coming years.

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Companies Profiled in this report includes:
• Bentley Systems Incorporated
• Modelur
• SIMWALK
• SketchUp
• UrbanFootprint
• Urbansim
• T-Square Engineering, Inc.
• Esri
• Holistic City Limited
• Act-3D

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. 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 accounted for a larger market share. Based on application, the global urban planning and design software market is segmented into architects, city planners, and creative departments. In 2021, the architects segment accounted for the largest market share. By geography, the urban planning and design software market is segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM). In 2021, North America accounted for the largest share in the global urban planning and design software market.

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Urban Planning and Design Software Market Segmentation:
By Component:
• Software
• Services

By Deployment:
• On-Premise
• Cloud-Based

By Application:
• Architects
• City Planner
• Creative Departments

Before the emergence of the COVID-19 pandemic, urban planning and design software requirements were prevalent due to the growing global population. City leaders planned metropolitan cities and provided essential services and affordable housing solutions to overcome the expanding population need. According to the World Bank data, ~55% of the world's population (~4.2 billion inhabitants) lived in metro cities in 2019. This trend was continuously rising, and the need for developing infrastructure was also increasing, further supporting the growth of the urban planning and design software market.
The overall urban planning and design software market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining an overview and forecast for the urban planning and design software market with respect to all the market segments. Also, primary interviews were conducted with industry participants to validate data and gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers-along with external consultants such as valuation experts, research analysts, and key opinion leaders-specializing in the urban planning and design software market.

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