Land Planning Market to Hit $311 Billion by 2029 Amid Urbanization Demand

Land Planning Market to Hit $311 Billion by 2029 Amid Urbanization Demand

2025-11-04 economy

Global, Tuesday, 4 November 2025.
The land planning market is set to reach $311.16 billion by 2029, fueled by urbanization and infrastructure needs. Industrial land planning shows a promising 8.4% CAGR.

Economic Growth and Urbanization

The land planning and development market is projected to grow from $209.49 billion in 2024 to $311.16 billion by 2029. This growth is driven by factors such as urbanization and infrastructure development, with an anticipated compound annual growth rate (CAGR) of 8.4% for industrial land planning during this period [1][2].

Key Drivers and Regional Growth

The demand for urbanization is significant, with over 60% of the global population expected to live in urban areas by 2050, according to the UN World Urbanization Prospects report. This shift is anticipated to drive growth in land planning and development, particularly in Asia-Pacific, which is identified as the most dominant region in this market [1][3].

Technological Advances and Sustainability

Companies are increasingly employing sophisticated technologies, such as drones and GIS, to enhance land development efficiency and sustainability. These technologies assist in tasks ranging from environmental assessments to precise land mapping, supporting the global trend towards sustainable urban development [2][4].

Impact on the Global Economy

The robust growth trajectory of the land planning and development market underscores its critical role in supporting economic development and sustainability initiatives. The increasing global focus on urbanization and infrastructure investment not only influences regional economies but also presents significant opportunities for global players in the industry [1][3].

Sources


economic growth land planning