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Audio and Video Editing Software - Global Market Trajectory & Analytics

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    Report

  • 456 Pages
  • October 2022
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5139624

Global Audio and Video Editing Software Market to Reach $5.2 Billion by 2027

Amid the COVID-19 crisis, the global market for Audio and Video Editing Software estimated at US$3.2 Billion in the year 2020, is projected to reach a revised size of US$5.2 Billion by 2027, growing at a CAGR of 7.1% over the period 2020-2027. Solutions, one of the segments analyzed in the report, is projected to record 6.8% CAGR and reach US$3.5 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Services segment is readjusted to a revised 7.8% CAGR for the next 7-year period.

The U.S. Market is Estimated at $1.1 Billion, While China is Forecast to Grow at 9% CAGR

The Audio and Video Editing Software market in the U.S. is estimated at US$1.1 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$492.1 Million by the year 2027 trailing a CAGR of 9% over the period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.3% and 5.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 7% CAGR.

Select Competitors (Total 47 Featured)

  • Acon AS
  • Adobe, Inc.
  • Animoto Inc.
  • Apple, Inc.
  • ArcSoft, Inc.
  • Autodesk, Inc.
  • Avid Technology, Inc.
  • Corel Corporation
  • CyberLink Corp
  • HairerSoft
  • iZotope, Inc.
  • MAGIX Software GmbH
  • Microsoft Corp
  • NCH Software, Inc.
  • PreSonus Audio Electronics, Inc
  • Sony Corporation
  • Steinberg Media Technologies GmbH
  • TechSmith Corporation
  • Wondershare technology Group Co., Ltd.

What's New for 2022?

  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to a digital archives and Research Platform
  • Complimentary updates for one year
Frequently Asked Questions about the Global Market for Audio and Video Editing Software

What is the estimated value of the Global Market for Audio and Video Editing Software?

The Global Market for Audio and Video Editing Software was estimated to be valued at $3.2 Billion in 2020.

What is the growth rate of the Global Market for Audio and Video Editing Software?

The growth rate of the Global Market for Audio and Video Editing Software is 7.2%, with an estimated value of $5.2 Billion by 2027.

What is the forecasted size of the Global Market for Audio and Video Editing Software?

The Global Market for Audio and Video Editing Software is estimated to be worth $5.2 Billion by 2027.

Who are the key companies in the Global Market for Audio and Video Editing Software?

Key companies in the Global Market for Audio and Video Editing Software include Acon AS, Adobe, Inc., Animoto Inc., Apple, Inc., ArcSoft, Inc., Autodesk, Inc., Avid Technology, Inc., Corel Corporation and HairerSoft.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of COVID-19 Pandemic and Looming Global Recession
  • Advertising, Media & Entertainment Industry Comes Under Pressure Amidst the Pandemic
  • An Introduction to Audio and Video Editing Software
  • Video Editing Software
  • Audio Editing Software
  • Global Market Prospects & Outlook
  • On-Premise Software Tools Lead, Cloud Hosted Solutions Continue to Gain Popularity
  • Developing Economies to Spearhead Long-Term Growth
  • Competition
  • Comparison of Select Video Editing Software
  • Select Popular Audio Editors
  • A Review of Select Cloud Video Editing Tools
  • Recent Market Activity
  • Audio and Video Editing Software - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Myriad Benefits of Audio and Video Editing Software Tools Propel Adoption
  • Growing Demand for Rich Media Content & Special Effects Drives Adoption of Editing Tools in Media & Entertainment Industry
  • COVID-19 Impact on Media & Production Houses Significantly Impacts Market Growth
  • Global Advertising, Media & Broadcasting Market: Growth Outlook (In %) for Years 2019 Through 2025
  • Post Production Work is Carried Out Remotely Now: A Pandemic Infused Trend
  • Rapid Growth of Streaming Media and OTT Platforms: A Major Opportunity for Audio & Video Editing Software Market
  • Global OTT (Over-The-Top) Market Size (in $ Billion) for the Years 2019, 2022 and 2025
  • Rise in Online Video Consumption to Drive Demand for Editing Software for Creation of Video Content
  • Average Time Spent Per Day (in Minutes) in the US for 2015-2019
  • Video's Emergence as the Future of Digital Marketing Drives Demand for Audio & Video Editing Software
  • Global Digital Marketing Expenditure (in US$ Billion) for 2018, 2021 & 2024
  • Breakdown of Global Digital Marketing Expenditure (in %) by End-Use Sector: 2021E
  • Global Digital Video Advertising Spending (in $ Billion) for the Years 2020, 2022 and 2025
  • % of Companies Using Video Content as Marketing Tool for 2016-2020
  • Mobile Apps Emerge as a New Revenue Stream for Audio & Video Editing Software Vendors
  • Proliferation of Mobile Devices and Rising Use of Editing Software in Mobile Devices Bodes Well for the Market
  • Smartphone Penetration Rate as Share of Total Population: 2016-2020
  • A Glance at Select Popular Mobile Video Editing Apps
  • Video Editing Software Market: Poised for Growth
  • Audio Editing Software Market: An Overview
  • Growing Role of AI in Fostering Digital Transformation in Video Editing
  • Key Benefits of AI-Based Video Editing Tools
  • AI-Powered Video Editors Assist Entrepreneurs in Creating Effective Vlogs
  • A Review of Select AI-Based Video Editing Tools
  • Deepfakes: A Potential Disadvantage of Using AI Technology for Video Editing
  • Vendors Focus on Small Businesses to Expand Market Opportunities
  • Non-Professional End-Users Drive Adoption of Video Editing Software
  • Video Editing in the Cloud: Promising Growth in Store
  • AR and VR-based Video Content to Broaden Opportunities for Video Editing Software Tools
  • Growing Use of Open-Source and Free Editing Software: A Key Challenge
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Audio and Video Editing Software by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 2: World Historic Review for Audio and Video Editing Software by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 3: World 15-Year Perspective for Audio and Video Editing Software by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2012, 2021 & 2027
  • Table 4: World Recent Past, Current & Future Analysis for Solutions by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 5: World Historic Review for Solutions by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 6: World 15-Year Perspective for Solutions by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2021 & 2027
  • Table 7: World Recent Past, Current & Future Analysis for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 8: World Historic Review for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 9: World 15-Year Perspective for Services by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2021 & 2027
  • Table 10: World Recent Past, Current & Future Analysis for On-Premise by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 11: World Historic Review for On-Premise by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 12: World 15-Year Perspective for On-Premise by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2021 & 2027
  • Table 13: World Recent Past, Current & Future Analysis for Cloud by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 14: World Historic Review for Cloud by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 15: World 15-Year Perspective for Cloud by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2021 & 2027
  • Table 16: World Recent Past, Current & Future Analysis for Commercial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 17: World Historic Review for Commercial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 18: World 15-Year Perspective for Commercial by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2021 & 2027
  • Table 19: World Recent Past, Current & Future Analysis for Personal by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 20: World Historic Review for Personal by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 21: World 15-Year Perspective for Personal by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2021 & 2027
III. MARKET ANALYSIS
UNITED STATES
  • Audio and Video Editing Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E)
CANADA
JAPAN
  • Audio and Video Editing Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2022 (E)
CHINA
  • Audio and Video Editing Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2022 (E)
EUROPE
  • Audio and Video Editing Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E)
  • Market Overview
FRANCE
  • Audio and Video Editing Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2022 (E)
GERMANY
  • Audio and Video Editing Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2022 (E)
ITALY
UNITED KINGDOM
  • Audio and Video Editing Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2022 (E)
SPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Audio and Video Editing Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2022 (E)
AUSTRALIA
  • Audio and Video Editing Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2022 (E)
INDIA
  • Audio and Video Editing Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2022 (E)
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Audio and Video Editing Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2022 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Audio and Video Editing Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2022 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Audio and Video Editing Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2022 (E)
IV. COMPETITION
  • Total Companies Profiled: 47

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Acon AS
  • Adobe, Inc.
  • Animoto Inc.
  • Apple, Inc.
  • ArcSoft, Inc.
  • Autodesk, Inc.
  • Avid Technology, Inc.
  • Corel Corporation
  • CyberLink Corp
  • HairerSoft
  • iZotope, Inc.
  • MAGIX Software GmbH
  • Microsoft Corp
  • NCH Software, Inc.
  • PreSonus Audio Electronics, Inc
  • Sony Corporation
  • Steinberg Media Technologies GmbH
  • TechSmith Corporation
  • Wondershare technology Group Co., Ltd.