Report : Asia Pacific 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)
Architects Segment to Dominate APAC Urban Planning and Design Software Market During 2021–2028
According to a new market research study on “APAC 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$ 1,083.65 million by 2028 from US$ 594.92 million in 2021. The market is estimated to grow at a CAGR of 8.9% from 2021 to 2028. The report provides trends prevailing in the APAC urban planning and design software market along with the drivers and restraints pertaining to the market growth. Increasing deployment of centralized decision-making model and growing use of planning and design software in suburban areas are the major factor driving the growth of the APAC urban planning and design software market. However, availability of open-source urban planning and design software hinders the growth of APAC urban planning and design software market.
The APAC urban planning and design software market is segmented into component, deployment, application, and country. Based on component, the APAC 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 APAC 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 APAC urban planning and design software market is segmented into architects, city planners, and creative departments. The architects segment dominated the market in 2020 and creative departments segment is expected to be fastest growing during forecast period. Based on country, the APAC urban planning and design software market is segmented into China, India, Japan, South Korea, Australia, and rest of APAC.
Act-3D; Bentley Systems Incorporated; Esri; Holistic City Limited; Modelur; Simwalk; SketchUp; T-Sqaure Engineering, Inc.; UrbanFootprint; and Urbansim are among the leading companies in the APAC 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 2020, The Holistic City Limited had introduced a new urban design database. It has a collection of more than 3,000 urban streets, public spaces, housing projects, street grids and junctions. It makes it easy to find real-world examples of how designers dealt with a particular location, corridor width or size, to provide examples and inspiration.
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