The growth of suburban cities is due to the rural population’s migration in search of better employment and lifestyle. Global economists and urban planners found that economic and infrastructure development in suburban areas is also one of the reasons for the growth of suburbs. According to an article published by Times Property in January 2022, employment opportunities are more centralized within the city center compared to suburbs. The population density of suburban cities peaks within 2 km of the city center due to better transportation facilities and corporate offices. These are significant reasons for the growth of suburban areas in several countries. With the growth in the suburban areas, the need for planning and design software is increasing for infrastructural development. Therefore, the future transformation of rural areas to suburban areas will require planning and design software for infrastructural development; it will also support market growth across the region in the near future.
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 MEA urban planning and design software market at a good CAGR during the forecast period.
MEA Urban Planning and Design Software Market Segmentation
The MEA 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 MEA urban planning and design software market is segmented into the UAE, Saudi Arabia, South Africa, and the Rest of the MEA.
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.