Factors such as the introduction of online movies & TV series online streaming websites and a rise in the number of domestic TV series & movies in the developing countries such as China and India drive the growth of the global screen & script writing software market. However, availability of open-source as well as free screen & script writing software impedes the market growth. On the contrary, emergence of screen & script writing software for mobile devices is expected to present major opportunities for market expansion in the near future.
The global screen and script writing software market is segmented based on deployment mode, platform type, end user and region. Based on deployment mode, the market is bifurcated into on-premises and cloud-based. Based on platform type, the market is divided into Desktop-based, and Mobile-Based. On the basis of end user, the market is classified into personal and business. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The report analyzes the profiles of key players operating in the market. These include Celtx Inc., Final Draft, Literature & Latte Ltd., Mariner Software, Nuvotech Limited, Storyist Software LLC, StudioBinder Inc., Windward Studios Inc., Write Brothers Inc., and WriterDuet, Inc.
KEY BENEFITS
- The report provides an in-depth analysis of the global screen and script writing software market, outlining current trends, key driving factors, and potential areas for product investments.
- Key players are analyzed with respect to their primary offerings, recent investments, and future development strategies.
- Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in theScreen and script writing software industry.
- The quantitative analysis of the global screen and script writing software market from 2018 to 2026 is provided to determine the market potential.
KEY MARKET SEGMENTS
BY COMPONENT
- Solutions
- Services
BY DEPLOYMENT MODE
- On-premise
- Cloud
BY ORGANIZATION SIZE
- Large Enterprises
- Small & Medium Enterprises
BY INDUSTRY VERTICAL
- BFSI
- Manufacturing
- Retail and Ecommerce
- IT and Telecom
- Healthcare
- Government
- Others
BY REGION
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Russia
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Australia
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
KEY MARKET PLAYERS PROFILED IN THE REPORT
- Celtx Inc.
- Final Draft
- Literature & Latte Ltd.
- Mariner Software
- Nuvotech Limited
- Storyist Software LLC
- StudioBinder Inc.
- Windward Studios Inc.
- Write Brothers Inc.
- WriterDuet, Inc.
Table of Contents
Executive Summary
According to the report titled, 'Screen and Script Writing Software Market by Deployment Mode, Platform Type, and End User: Global Opportunity Analysis and Industry Forecast, 2018-2026,' the global screen and script writing software market size was valued at $80.83 million in 2018, and is projected to reach $235.87 million by 2026, registering a CAGR of 14.4% from 2019 to 2026.Screen and script writing software are used for writing screenplays. This software is similar to the word processor, and are adopted by screenplay and script writers to write and edit scripts and screenplays. In addition, the software offers numerous shortcuts for quick typing of character names, which help in efficient collaboration with other writers globally.Moreover, it helps in adding character notes, production notes, and scene reordering, thereby facilitating script writing process easily. Some of the screen and script writing tools have production scheduling and budgeting features. Screen and script writing software further provides various functions, which allow writers to analyze their script for different roles or characters of the story.
Introduction of online movies and TV series online streaming websites, rise in mobile-based screen and script writing software, and surge in awareness about numerous benefits provided by screen and script writing software are the key factors driving the growth of the screen and script writing software market. However, availability of open-source software is restraining the growth of the market. On the contrary, increase in demand for screen and script writing software from Asia-Pacific is anticipated to provide lucrative opportunities for the market growth in forthcoming years.
By deployment mode, the on-premises segment garnered major screen and script writing software market share in 2018, and is expected to remain dominant during the forecast period. This is attributed to availability of number of screen and script writing software for Linux, Windows, and Mac. However, the cloud-based segment is expected to witness highest growth rate in the upcoming years, as the demand for cloud-based screen and script writing software is expected to increase in the upcoming years, owing to an increase in adoption of cloud computing. Furthermore, the cloud-based software provides the advantages of public sharing and modification of each other's scripts, which will benefit the users in getting collaborators or feedback.
Depending on platform type, the desktop-based segment dominated the screen and script writing software market in 2018, and is expected to generate highest revenue during the forecast period, as availability of web-based screen and script writing software with more powerful capabilities has fueled their adoption among end users. For instance, Scripped is a web-based script writing software, which is used by more than 100,000 writers. However, the mobile-based screen and script writing software is expected to witness highest growth rate inthe upcoming years. Number of vendors in the global market are launching software for mobile devices such as smartphones and tablets,which drives the growth of the market. For instance, Final Draft, a top-selling screenwriting software, entered the mobile market with the Final Draft Writer app, which enables screenwriters to easily send or share their Final Draft FDX files from their laptop to their iPad and iPhone.
By end user, the business segment dominated the global screen and script writing software market sharein 2018, and is expected to remain dominant during the forecast period. The adoption of screen and script writing software is increasing among schools and universities, as it can easily be tailored into modules for teaching, thereby fueling the market growth.Moreover, thissoftware is majorly adopted by schools and universities across North America and Europe, which is opportunistic for the market. However, the personal segment is expected to grow at the highest CAGR in the forecasted period. The growth of this market is attributed to continuous increase in demand for screen and script writing software among the writers and filmmakers to create a concrete script and develop a strong story board boosts the growth of the screen and script writing software industry.
According to Rachita Rake, Research Analyst, ICT, “North Americais projected to generate the highest revenue in the screen and script writing software market, owing tothe presence of large number of key players such as Final Draft and Celtx Inc. Moreover, a rise in the number of production houses in the U.S., which increased the adoption of screen and script writing software in the Americas.”
KEY FINDINGS OF THE STUDY
- Dependingon deployment mode, the on-premises segment dominated the globalscreen and script writing software market in 2018, and is expected to generate highest revenue during theforecast period.
- On the basis of platform type, the desktop-based segment dominated the market in 2018, and is expected to generate highest revenue during the forecast period. However, the mobile-based segment is expected to witness highest growth rate in the upcoming years.
- By end user, the businesssegment dominated the globalscreen and script writing software market in 2018, and is expected to remain dominant throughout the forecast period.
- Region wise, North Americaled the market in 2018, and is expected to generate highest revenue during the screen and script writing software market forecastperiod.
Some of the key player in screen and script writing software market analysisincludeCeltx Inc., Final Draft, Literature and Latte Ltd., Mariner Software, Nuvotech Limited, Storyist Software LLC, StudioBinder Inc., Windward Studios Inc., Write Brothers Inc., and WriterDuet, Inc.
Companies Mentioned
- Celtx Inc.
- Final Draft
- Literature & Latte Ltd.
- Mariner Software
- Nuvotech Limited
- Storyist Software LLC
- StudioBinder Inc.
- Windward Studios Inc.
- Write Brothers Inc.
- WriterDuet Inc
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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