The Asia Pacific Urban Planning Software and Services Market would witness market growth of 5.2% CAGR during the forecast period (2021-2027).
The urban planning software industry offers a wide variety of solutions for regional and city planning that comprises site topography modeling, map analytics, and geographical information systems. Also, the demand for urban planning software and services extensively depends upon the investment by private entities that take construction projects and local & state governments.
The urban planning software and services market is witnessing heavy demand in the Asia-Pacific region. This growth in the regional market is attributed to the continuous development and transformation of the cities across this region. The excessive utilization of urban planning software and services across Asia-Pacific has resulted in making cities environment-friendly urban landscapes, which are smart as well as sustainable at the same time.
Additionally, the demand for state-of-the-art infrastructure and modern buildings is increasing across the nations in this region like China, India, and Singapore. Moreover, a tremendous shift in focus toward interiors, engineering, architecture, and planning along with addressing environmental issues has led to the bright prospects of the urban planning software & services market in this region in the past few years. Thus, it is anticipated that the urban planning software and services market will witness lucrative opportunities in the upcoming years.
The China market dominated the Asia Pacific Urban Planning Software and Services Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $20.5 billion by 2027. The Japan market is anticipated to grow at a CAGR of 4.5% during (2021 - 2027). Additionally, The India market would experience a CAGR of 5.7% during (2021 - 2027).
Based on Component, the market is segmented into Software and Services. Based on Deployment type, the market is segmented into Cloud-based and Web-based. Based on End User, the market is segmented into Government and Real Estate & Infrastructure Companies. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Urban Planning Software and Services Market is Projected to reach USD 190.97 billion by 2027, at a CAGR of 5.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include AECOM Corporation, Autodesk Inc., Bentley Systems, Inc., Boston Consulting Group, Esri, Inc., Holistic City Limited, Trimble, Inc. (SketchUp), Savannah Simulations AG, Stantec, Inc., and UrbanFootprint
By Component
By Deployment Type
By End User
By Country
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