With the digital transformation, the use of cloud-based platforms is increasing due to their simple and reduced deployment time and cost. Further, the internet infrastructure is matured in developed countries and flourishing in several developing countries, allowing end users to access the cloud-based platforms. A few benefits of cloud-based urban planning and design software are secure hosting of critical data, improved security and scalability, and quick recovery of files. Backups are stored on a private or shared cloud host platform. Therefore, organizations can quickly recover critical server data. Also, with a stable internet connection, the data can be easily accessed from anywhere via secure logins. Cloud-based urban planning and design software decreases repair and maintenance costs and enhances customer satisfaction. These benefits propel cloud-based solutions for integrating facility management services. Additionally, several regional businesses adopt cloud-based urban planning and design software platforms. For instance, Spacemaker, Bentley Systems International, Holistic City Limited, and UrbanSim provide cloud-based urban planning and design software. Therefore, cloud-based urban planning and design software benefits would help architects, city planners, and creative departments adopt cloud-based technology for urban infrastructural developments. Also, it supports the growing demand for cloud-based urban planning and design software across the region.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe urban planning and design software market at a good CAGR during the forecast period.
Europe Urban Planning and Design Software Market Segmentation
The Europe urban planning and design software market is analyzed on 4 fronts: Component, deployment, application, and country. Based on component, the market is divided into software and services. The software segment dominated the market in 2020, and the services segment is expected to register the fastest growth over the forecast period. Based on deployment, the market is bifurcated into on-premise and cloud-based. The cloud-based segment dominated the market in 2020 and is expected to report the fastest growth over the forecast period. Based on application, the market is segmented into architects, city planners, and creative departments. The architects segment dominated the market in 2020, and the city planners segment is expected to report the fastest growth during the forecast period. Based on country, the Europe urban planning and design software market is segmented into the UK, Germany, France, Italy, Russia, and the Rest of Europe.
Act-3D; Bentley Systems Incorporated; Esri; Holistic City Limited; Simwalk; SketchUp; T-Sqaure Engineering, Inc.; UrbanFootprint; and UrbanSim are the leading companies in the regional market.