+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Audio and Video Editing Software - Global Market Trajectory & Analytics

  • ID: 5139624
  • Report
  • January 2021
  • Region: Global
  • 371 Pages
  • Global Industry Analysts, Inc
Global Audio and Video Editing Software Market to Reach US$ 5.2 Billion by the Year 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 grow at a 6.8% CAGR to reach US$ 3.5 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Services segment is readjusted to a revised 7.8% CAGR for the next 7-year period. This segment currently accounts for a 30.4% share of the global Audio and Video Editing Software market.





The U.S. Accounts for Over 34.2% of Global Market Size in 2020, While China is Forecast to Grow at a 9% CAGR for the Period of 2020-2027

The Audio and Video Editing Software market in the U.S. is estimated at US$ 1.1 Billion in the year 2020. The country currently accounts for a 34.18% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$ 492.1 Million in the year 2027 trailing a CAGR of 9% through 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 while Rest of European market (as defined in the study) will reach US$ 492.1 Million by the year 2027.The publisher brings years of research experience to this 9th edition of the report. The 368-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Select Competitors (Total 47 Featured):

  • Adobe Systems, Inc.
  • Apple, Inc.
  • Autodesk, Inc.
  • Avid Technology, Inc.
  • Steinberg Media Technologies GmbH
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.
Note: Product cover images may vary from those shown
I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • 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

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
  • EXHIBIT 1: 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
  • EXHIBIT 2: 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
  • EXHIBIT 3: 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
  • EXHIBIT 4: Global Digital Marketing Expenditure (in US$ Billion) for 2018, 2021 & 2024
  • EXHIBIT 5: Breakdown of Global Digital Marketing Expenditure (in %) by End-Use Sector: 2021E
  • EXHIBIT 6: Global Digital Video Advertising Spending (in $ Billion) for the Years 2020, 2022 and 2025
  • EXHIBIT 7: % 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
  • EXHIBIT 8: 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

III. MARKET ANALYSIS
  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • Market Overview
  • Market Analytics
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • AUSTRALIA
  • INDIA
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA

IV. COMPETITION
  • Total Companies Profiled: 82
Note: Product cover images may vary from those shown