Report : Europe 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)
Cloud-Based Segment to Dominate Europe Urban Planning and Design Software Market During 2021–2028
According to a new market research study on “Europe 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$ 1,192.46 million by 2028 from US$ 744.29 million in 2021. The market is estimated to grow at a CAGR of 7.0% from 2021 to 2028. The report provides trends prevailing in the Europe urban planning and design software market along with the drivers and restraints pertaining to the market growth. Increasing adoption of cloud-based software and rising urban population are the major factor driving the growth of the Europe urban planning and design software market. However, availability of open-source urban planning and design software hinders the growth of Europe urban planning and design software market.
The Europe urban planning and design software market is segmented into component, deployment, application, and country. Based on component, the Europe 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 Europe 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 Europe 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 Europe urban planning and design software market is segmented into the UK, Germany, France, Italy, Russia, and rest of Europe.
Act-3D; Bentley Systems Incorporated; Esri; Holistic City Limited; Modelur; Simwalk; SketchUp; T-Sqaure Engineering, Inc.; and Urbansim are among the leading companies in the Europe 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, Simwalk had introduced BIM has been upgraded with the features - Supporting OpenBIM IFC format, BIM Conversion Tickets and Simulation Plans in minutes. New Simwalk BIM is suitable for urgent projects completion as it extracts required data and automatically converts it for simulation plans with few clicks only. This updated feature will attract more customers towards BIM.
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