Market Overview:
The global municipal software market is expected to grow from USD 2.02 billion in 2018 to USD 3.92 billion by 2030, at a CAGR of 7.5% during the forecast period. The growth of this market can be attributed to the increasing demand for cloud-based municipal software and rising need for efficient and effective government operations. However, the high cost of advanced municipal software may restrain the growth of this market during the forecast period. Based on type, the global municipal software market is segmented into basic, standard, and senior segments. The basic segment is expected to account for a major share of the global municipal software market in 2018 owing to its low cost as compared to other types of Municipal Software . However, with increasing awareness about benefits offered by advanced Municipal Software ,the standard segment is projected to grow at a higher CAGR during the forecast period.
Product Definition:
Municipal software is a type of software that helps local governments manage their operations. It can include everything from budgeting and accounting to asset management and public safety. Municipal software can help cities run more efficiently and save money by automating tasks that would otherwise have to be done manually. It can also help officials make better decisions by providing them with data on things like traffic patterns, demographics, and crime rates.
Basic( 5-200/Month):
Basic is a municipal software that provides basic functionalities such as budgeting, asset management, and accounting to the users. It also helps in generating reports and carrying out analysis on the data provided by the users. The factors that propel its growth include growing demand for cloud-based solutions from small scale organizations due to their cost effectiveness along with easy accessibility from any device including mobile phones & tablets.
The Basic municipal software market size was valued at USD 125 - 200 million in 2014.
Standard(0-450/Month):
Standard(0-450/ Month) is the pricing range for software which includes basic functions like budgeting, accounts preparation, financial reporting and analysis. It also offers some additional features like data entry or management information systems which are not included in the free version.
The municipal software industry has been growing at a steady pace over the past few years owing to increase in demand for cloud-based solutions.
Application Insights:
The application segment is segregated into local government, education, credit unions, other municipal corporations and associations and others. The other municipal applications include utility management software etc. The growing number of the elderly population across the world is expected to drive the demand for social care solutions which in turn will fuel market growth over the forecast period. In addition, increasing investments by governments in infrastructure development to stimulate economic growth are anticipated to further propel industry expansion over the coming years.
The local government segment accounted for a significant share of revenue in 2017 owing to an increase in expenditure on infrastructural development such as roads and drainage systems etc., coupled with an increase in requirement for services such as land use planning & cadastral data management among others which can be effectively managed using software developed by Microsoft Corporation or SAP SE.
Regional Analysis:
The Asia Pacific regional market is anticipated to witness significant growth over the forecast period owing to the increasing government initiatives for implementation of innovative software solutions. The growing number of small & medium enterprises in India and China are expected to drive growth in this region. In addition, rising penetration of internet services in this region is projected to bode well for industry expansion.
North America accounted for a major revenue share within the global arena, primarily due to high adoption levels coupled with increased spending capacities among credit unions and local governments across U.S., Canada, and Mexico cities as a result of favorable regulatory policies aimed at promoting investments by municipal corporations & state governments towards implementation of GIS technology platforms that would help streamline various processes including budgeting, planning & scheduling infrastructure projects among others thus reducing costs associated with administration activities thereby propelling industry expansion over the coming years.
Growth Factors:
- Increasing demand for smart city solutions
- Rising need for automation in municipal operations
- Proliferation of IoT-based municipal solutions
- Growing focus on sustainability and climate change mitigation measures by municipalities
- Emergence of new business models for municipal software
Scope Of The Report
Report Attributes
Report Details
Report Title
Municipal Software Market Research Report
By Type
Basic( $125-200/Month), Standard($200-450/Month), Senior($450+/Month)
By Application
Credit Unions, Education, Local Government, Other
By Companies
Novo Solutions, CityGrows, Municode, Beehive Industries, Infor, CityView, ClearGov, Sharenology, Online Solutions, Cartegraph, BS&A Software, Municipal Systems, ITouch Vision, NeoCity, BoardDocs, CityForce
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Municipal Software Market Report Segments:
The global Municipal Software market is segmented on the basis of:
Types
Basic( $125-200/Month), Standard($200-450/Month), Senior($450+/Month)
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Credit Unions, Education, Local Government, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Novo Solutions
- CityGrows
- Municode
- Beehive Industries
- Infor
- CityView
- ClearGov
- Sharenology
- Online Solutions
- Cartegraph
- BS&A Software
- Municipal Systems
- ITouch Vision
- NeoCity
- BoardDocs
- CityForce
Highlights of The Municipal Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Basic( $125-200/Month)
- Standard($200-450/Month)
- Senior($450+/Month)
- By Application:
- Credit Unions
- Education
- Local Government
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Municipal Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Municipal software is a type of software that helps municipalities manage their operations. This can include things like managing finances, providing services to citizens, and tracking data. Municipal software can be used by individual municipalities or by larger organizations that work with multiple municipalities.
Some of the key players operating in the municipal software market are Novo Solutions, CityGrows, Municode, Beehive Industries, Infor, CityView, ClearGov, Sharenology, Online Solutions, Cartegraph, BS&A Software, Municipal Systems, ITouch Vision, NeoCity, BoardDocs, CityForce.
The municipal software market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Municipal Software Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Municipal Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Municipal Software Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Municipal Software Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Municipal Software Market Size & Forecast, 2018-2028
4.5.1 Municipal Software Market Size and Y-o-Y Growth
4.5.2 Municipal Software Market Absolute $ Opportunity
Chapter 5 Global Municipal Software Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Municipal Software Market Size Forecast by Type
5.2.1 Basic( $125-200/Month)
5.2.2 Standard($200-450/Month)
5.2.3 Senior($450+/Month)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Municipal Software Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Municipal Software Market Size Forecast by Applications
6.2.1 Credit Unions
6.2.2 Education
6.2.3 Local Government
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Municipal Software Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Municipal Software Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Municipal Software Analysis and Forecast
9.1 Introduction
9.2 North America Municipal Software Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Municipal Software Market Size Forecast by Type
9.6.1 Basic( $125-200/Month)
9.6.2 Standard($200-450/Month)
9.6.3 Senior($450+/Month)
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Municipal Software Market Size Forecast by Applications
9.10.1 Credit Unions
9.10.2 Education
9.10.3 Local Government
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Municipal Software Analysis and Forecast
10.1 Introduction
10.2 Europe Municipal Software Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Municipal Software Market Size Forecast by Type
10.6.1 Basic( $125-200/Month)
10.6.2 Standard($200-450/Month)
10.6.3 Senior($450+/Month)
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Municipal Software Market Size Forecast by Applications
10.10.1 Credit Unions
10.10.2 Education
10.10.3 Local Government
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Municipal Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Municipal Software Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Municipal Software Market Size Forecast by Type
11.6.1 Basic( $125-200/Month)
11.6.2 Standard($200-450/Month)
11.6.3 Senior($450+/Month)
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Municipal Software Market Size Forecast by Applications
11.10.1 Credit Unions
11.10.2 Education
11.10.3 Local Government
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Municipal Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Municipal Software Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Municipal Software Market Size Forecast by Type
12.6.1 Basic( $125-200/Month)
12.6.2 Standard($200-450/Month)
12.6.3 Senior($450+/Month)
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Municipal Software Market Size Forecast by Applications
12.10.1 Credit Unions
12.10.2 Education
12.10.3 Local Government
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Municipal Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Municipal Software Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Municipal Software Market Size Forecast by Type
13.6.1 Basic( $125-200/Month)
13.6.2 Standard($200-450/Month)
13.6.3 Senior($450+/Month)
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Municipal Software Market Size Forecast by Applications
13.10.1 Credit Unions
13.10.2 Education
13.10.3 Local Government
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Municipal Software Market: Competitive Dashboard
14.2 Global Municipal Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Novo Solutions
14.3.2 CityGrows
14.3.3 Municode
14.3.4 Beehive Industries
14.3.5 Infor
14.3.6 CityView
14.3.7 ClearGov
14.3.8 Sharenology
14.3.9 Online Solutions
14.3.10 Cartegraph
14.3.11 BS&A Software
14.3.12 Municipal Systems
14.3.13 ITouch Vision
14.3.14 NeoCity
14.3.15 BoardDocs
14.3.16 CityForce
