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 because of 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 SAM urban planning and design software market. The SAM urban planning and design software market is expected to grow at a good CAGR during the forecast period.
SAM Urban Planning and Design Software Market Segmentation
The SAM 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 SAM urban planning and design software market is segmented into Brazil, Argentina, and the Rest of SAM.
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.
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 64.48 Million |
| Market Size by 2028 | US$ 86.15 Million |
| CAGR (2021 - 2028) | 4.2% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Component
|
| Regions and Countries Covered |
South and Central America
|
| Market leaders and key company profiles |
|
The South America Urban Planning and Design Software Market is valued at US$ 64.48 Million in 2021, it is projected to reach US$ 86.15 Million by 2028.
As per our report South America Urban Planning and Design Software Market, the market size is valued at US$ 64.48 Million in 2021, projecting it to reach US$ 86.15 Million by 2028. This translates to a CAGR of approximately 4.2% during the forecast period.
The South America Urban Planning and Design Software Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the South America Urban Planning and Design Software Market report:
The South America Urban Planning and Design Software Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The South America Urban Planning and Design Software Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the South America Urban Planning and Design Software Market value chain can benefit from the information contained in a comprehensive market report.
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