DUBLIN, Nov. 23, 2023 /PRNewswire/ — The “Audio and Video Editing Software – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
Global Audio and Video Editing Software Market to Reach $6.5 Billion by 2030The global market for Audio and Video Editing Software estimated at US$3.5 Billion in the year 2022, is projected to reach a revised size of US$6.5 Billion by 2030, growing at a CAGR of 8.1% over the analysis period 2022-2030.
Solutions, one of the segments analyzed in the report, is projected to record 7.8% CAGR and reach US$4.4 Billion by the end of the analysis period. Growth in the Services segment is estimated at 8.9% CAGR for the next 8-year period. The U.S. Market is Estimated at $1.2 Billion, While China is Forecast to Grow at 9.9% CAGRThe Audio and Video Editing Software market in the U.S. is estimated at US$1.2 Billion in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$649.6 Million by the year 2030 trailing a CAGR of 9.9% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.1% and 6.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 7.9% CAGR.What`s New?
Special discussions on the global economic climate and market sentimentCoverage on global competitiveness and key competitor percentage market sharesMarket presence analysis across multiple geographies – Strong/Active/Niche/TrivialOnline interactive peer-to-peer collaborative bespoke updatesAccess to digital archives and trademarked research platformComplimentary updates for one yearAccess to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotesMARKET OVERVIEW
Influencer Market InsightsWorld Market TrajectoriesImpact of COVID-19 Pandemic and Looming Global RecessionAdvertising, Media & Entertainment Industry Comes Under Pressure Amidst the PandemicAn Introduction to Audio and Video Editing SoftwareVideo Editing SoftwareAudio Editing SoftwareGlobal Market Prospects & OutlookOn-Premise Software Tools Lead, Cloud Hosted Solutions Continue to Gain PopularityDeveloping Economies to Spearhead Long-Term GrowthCompetitionComparison of Select Video Editing SoftwareSelect Popular Audio EditorsA Review of Select Cloud Video Editing ToolsRecent Market ActivityAudio and Video Editing Software – Global Key Competitors Percentage Market Share in 2023 (E)Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)MARKET TRENDS & DRIVERS
Myriad Benefits of Audio and Video Editing Software Tools Propel AdoptionGrowing Demand for Rich Media Content & Special Effects Drives Adoption of Editing Tools in Media & Entertainment IndustryCOVID-19 Impact on Media & Production Houses Significantly Impacts Market GrowthGlobal Advertising, Media & Broadcasting Market: Growth Outlook (In %) for Years 2019 Through 2025Post Production Work is Carried Out Remotely Now: A Pandemic Infused TrendRapid Growth of Streaming Media and OTT Platforms: A Major Opportunity for Audio & Video Editing Software MarketGlobal OTT (Over-The-Top) Market Size (in $ Billion) for the Years 2019, 2022 and 2025Rise in Online Video Consumption to Drive Demand for Editing Software for Creation of Video ContentAverage Time Spent Per Day (in Minutes) in the US for 2015-2019Video’s Emergence as the Future of Digital Marketing Drives Demand for Audio & Video Editing SoftwareGlobal Digital Marketing Expenditure (in US$ Billion) for 2018, 2021 & 2024Breakdown of Global Digital Marketing Expenditure (in %) by End-Use Sector: 2021EGlobal Digital Video Advertising Spending (in $ Billion) for the Years 2020, 2022 and 2025% of Companies Using Video Content as Marketing Tool for 2016-2020Mobile Apps Emerge as a New Revenue Stream for Audio & Video Editing Software VendorsProliferation of Mobile Devices and Rising Use of Editing Software in Mobile Devices Bodes Well for the MarketSmartphone Penetration Rate as Share of Total Population: 2016-2020A Glance at Select Popular Mobile Video Editing AppsVideo Editing Software Market: Poised for GrowthAudio Editing Software Market: An OverviewGrowing Role of AI in Fostering Digital Transformation in Video EditingKey Benefits of AI-Based Video Editing ToolsAI-Powered Video Editors Assist Entrepreneurs in Creating Effective VlogsA Review of Select AI-Based Video Editing ToolsDeepfakes: A Potential Disadvantage of Using AI Technology for Video EditingVendors Focus on Small Businesses to Expand Market OpportunitiesNon-Professional End-Users Drive Adoption of Video Editing SoftwareVideo Editing in the Cloud: Promising Growth in StoreAR and VR-based Video Content to Broaden Opportunities for Video Editing Software ToolsGrowing Use of Open-Source and Free Editing Software: A Key ChallengeFOCUS ON SELECT PLAYERS (Total 47 Featured)
Microsoft CorporationSony CorporationAdobe Inc.Autodesk, Inc.Corel CorporationNewTek, Inc.Kaltura, Inc.ArcSoft, Inc.MAGIX Software GmbHAvid Technology, Inc.Blackmagic Design Pty., Ltd.EVS Broadcast Equipment SAPreSonus Audio Electronics, Inc.Steinberg Media Technologies GmbHBlender.orgFor more information about this report visit https://www.researchandmarkets.com/r/mxh48q
About ResearchAndMarkets.comResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Media Contact:
Research and MarketsLaura Wood, Senior Managerpress@researchandmarkets.com For E.S.T Office Hours Call +1-917-300-0470For U.S./CAN Toll Free Call +1-800-526-8630For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907Fax (outside U.S.): +353-1-481-1716
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View original content:https://www.prnewswire.com/news-releases/global-audio-and-video-editing-software-business-analysis-report-2023-demand-for-rich-media-content–special-effects-drives-necessary-adoption-301996571.html
SOURCE Research and Markets
DUBLIN, Nov. 23, 2023 /PRNewswire/ — The “Audio and Video Editing Software – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
Global Audio and Video Editing Software Market to Reach $6.5 Billion by 2030
The global market for Audio and Video Editing Software estimated at US$3.5 Billion in the year 2022, is projected to reach a revised size of US$6.5 Billion by 2030, growing at a CAGR of 8.1% over the analysis period 2022-2030.
Solutions, one of the segments analyzed in the report, is projected to record 7.8% CAGR and reach US$4.4 Billion by the end of the analysis period. Growth in the Services segment is estimated at 8.9% CAGR for the next 8-year period.
The U.S. Market is Estimated at $1.2 Billion, While China is Forecast to Grow at 9.9% CAGR
The Audio and Video Editing Software market in the U.S. is estimated at US$1.2 Billion in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$649.6 Million by the year 2030 trailing a CAGR of 9.9% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.1% and 6.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 7.9% CAGR.
What`s New?
Special discussions on the global economic climate and market sentimentCoverage on global competitiveness and key competitor percentage market sharesMarket presence analysis across multiple geographies – Strong/Active/Niche/TrivialOnline interactive peer-to-peer collaborative bespoke updatesAccess to digital archives and trademarked research platformComplimentary updates for one yearAccess to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes
MARKET OVERVIEW
Influencer Market InsightsWorld Market TrajectoriesImpact of COVID-19 Pandemic and Looming Global RecessionAdvertising, Media & Entertainment Industry Comes Under Pressure Amidst the PandemicAn Introduction to Audio and Video Editing SoftwareVideo Editing SoftwareAudio Editing SoftwareGlobal Market Prospects & OutlookOn-Premise Software Tools Lead, Cloud Hosted Solutions Continue to Gain PopularityDeveloping Economies to Spearhead Long-Term GrowthCompetitionComparison of Select Video Editing SoftwareSelect Popular Audio EditorsA Review of Select Cloud Video Editing ToolsRecent Market ActivityAudio and Video Editing Software – Global Key Competitors Percentage Market Share in 2023 (E)Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
MARKET TRENDS & DRIVERS
Myriad Benefits of Audio and Video Editing Software Tools Propel AdoptionGrowing Demand for Rich Media Content & Special Effects Drives Adoption of Editing Tools in Media & Entertainment IndustryCOVID-19 Impact on Media & Production Houses Significantly Impacts Market GrowthGlobal Advertising, Media & Broadcasting Market: Growth Outlook (In %) for Years 2019 Through 2025Post Production Work is Carried Out Remotely Now: A Pandemic Infused TrendRapid Growth of Streaming Media and OTT Platforms: A Major Opportunity for Audio & Video Editing Software MarketGlobal OTT (Over-The-Top) Market Size (in $ Billion) for the Years 2019, 2022 and 2025Rise in Online Video Consumption to Drive Demand for Editing Software for Creation of Video ContentAverage Time Spent Per Day (in Minutes) in the US for 2015-2019Video’s Emergence as the Future of Digital Marketing Drives Demand for Audio & Video Editing SoftwareGlobal Digital Marketing Expenditure (in US$ Billion) for 2018, 2021 & 2024Breakdown of Global Digital Marketing Expenditure (in %) by End-Use Sector: 2021EGlobal Digital Video Advertising Spending (in $ Billion) for the Years 2020, 2022 and 2025% of Companies Using Video Content as Marketing Tool for 2016-2020Mobile Apps Emerge as a New Revenue Stream for Audio & Video Editing Software VendorsProliferation of Mobile Devices and Rising Use of Editing Software in Mobile Devices Bodes Well for the MarketSmartphone Penetration Rate as Share of Total Population: 2016-2020A Glance at Select Popular Mobile Video Editing AppsVideo Editing Software Market: Poised for GrowthAudio Editing Software Market: An OverviewGrowing Role of AI in Fostering Digital Transformation in Video EditingKey Benefits of AI-Based Video Editing ToolsAI-Powered Video Editors Assist Entrepreneurs in Creating Effective VlogsA Review of Select AI-Based Video Editing ToolsDeepfakes: A Potential Disadvantage of Using AI Technology for Video EditingVendors Focus on Small Businesses to Expand Market OpportunitiesNon-Professional End-Users Drive Adoption of Video Editing SoftwareVideo Editing in the Cloud: Promising Growth in StoreAR and VR-based Video Content to Broaden Opportunities for Video Editing Software ToolsGrowing Use of Open-Source and Free Editing Software: A Key Challenge
FOCUS ON SELECT PLAYERS (Total 47 Featured)
Microsoft CorporationSony CorporationAdobe Inc.Autodesk, Inc.Corel CorporationNewTek, Inc.Kaltura, Inc.ArcSoft, Inc.MAGIX Software GmbHAvid Technology, Inc.Blackmagic Design Pty., Ltd.EVS Broadcast Equipment SAPreSonus Audio Electronics, Inc.Steinberg Media Technologies GmbHBlender.org
For more information about this report visit https://www.researchandmarkets.com/r/mxh48q
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Media Contact:
Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg
View original content:https://www.prnewswire.com/news-releases/global-audio-and-video-editing-software-business-analysis-report-2023-demand-for-rich-media-content–special-effects-drives-necessary-adoption-301996571.html
SOURCE Research and Markets