Report : North America Urban Planning and Design Software Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Component (Software and Services), Deployment (On-Premise and Cloud-Based), and Application (Architects, City Planner, and Creative Departments)
Software Segment to Dominate North America Urban Planning and Design Software Market During 2021–2028
According to a new market research study on “North America Urban Planning and Design Software Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Component, Deployment, and Application” is expected to reach US$ 1,858.98 million by 2028 from US$ 1,304.54 million in 2021. The market is estimated to grow at a CAGR of 5.2% from 2021 to 2028. The report provides trends prevailing in the North America urban planning and design software market along with the drivers and restraints pertaining to the market growth. Rising urban population and increasing adoption of cloud-based software are the major factor driving the growth of the North America urban planning and design software market. However, availability of open-source urban planning and design software hinders the growth of North America urban planning and design software market.
The North America urban planning and design software market is segmented into component, deployment, application, and country. Based on component, the North America urban planning and design software market is divided into software and services. The software segment dominated the market in 2020 and services segment is expected to be fastest growing during forecast period. Based on deployment, the North America urban planning and design software market is bifurcated into on-premise and cloud-based. The cloud-based segment dominated the market in 2020 and same segment is expected to be fastest growing during forecast period. On the basis of application, the North America urban planning and design software market is segmented into architects, city planners, and creative departments. The architects segment dominated the market in 2020 and city planners segment is expected to be fastest growing during forecast period. Based on country, the North America urban planning and design software market is segmented into the US, Canada, and Mexico.
Act-3D; Bentley Systems Incorporated; Esri; Holistic City Limited; Simwalk; SketchUp; T-Sqaure Engineering, Inc.; UrbanFootprint; and Urbansim are among the leading companies in the North America urban planning and design software market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2018, The Siemens and Bentley had partnered in new digital solution this partnership had facilitated data-driven business processes for the optimization of projects and the plant which helps the company to achieve new business prospects.
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