Audio and Video Editing Software Market Size to $1.49 Billion Growth Between 2022 – 2027, Driven by Rise in Rate of Content Generation and Rise in OTT Platforms

NEW YORK, 21 November 2023 /PRNewswire/ — The Market for audio and video editing software report has been added to Technavio’s offering. With ISO 9001:2015 certification, Technavio has proudly partnered with more than 100 Fortune 500 companies for over 16 years. The potential growth difference of Audio and Video Editing Software market between 2022 and 2027 is USD 1.49 billion. That growth in content generation and the emergence of OTT platforms drive growth in the audio and video publishing software market. Content generation refers to maintaining and updating websites, blogging, video, online commenting, maintaining social media accounts, and editing and distributing digital content. In a digital content file, the information can be stored or published via audio and video files, graphics or animations and image formats. The widespread use of social media platforms has created a significant demand for digital content. Get deeper insights into the market size, current market scenario, future growth opportunities, key growth drivers, latest trends and much more. Buy the full report here

• Market Challenge – An increase in the use of open source and free editing software is challenging the market growth. This software is purchased in the current market through a single perpetual license or subscription-based model. However, SMEs use open source software as it is more transparent, reliable and cost effective. Learn about additional key drivers, trends and challenges available with Technavio. Read a sample PDF report now

The audio and video editing software market is segmented by end-user (commercial and personal), device (laptop/desktop and mobile), and geography (North America, EuropeAPAC, South Americaand Middle East and Africa).

• By end users commercial segment will be significant during the forecast period. This segment consists of all end users who use audio and video editing software for commercial purposes, which include the media and entertainment industry, enterprises, digital marketing agencies, and the advertising industry.
• North America held 42% of the global audio and video editing software market in 2022. The market in the region is estimated to grow at the fastest pace during the forecast period. The United States is the largest revenue contributor to the market in this region. See a sample report for insight into the contribution of all segments and regional opportunities in the report.

Key Companies in the Audio and Video Editing Software Market:

Acon AS, Adobe Inc., Animoto Inc., Apple Inc., Autodesk Inc., Avid Technology Inc., Blackmagic Design Pty. Ltd., Corel Corp., CyberLink Corp., Flowplayer AB, KineMaster Corp., MAGIX Software GmbH, Microsoft Corp., Movavi Software Ltd., Online Media Technologies Ltd., Sony Group Corp., Steinberg Media Technologies GmbH, TechSmith Corp. , WeVideo Inc., Wondershare Technology Co. Ltd.

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That stock video market size is estimated to grow at a CAGR of 7.65% between 2022 and 2027. The market size is expected to increase by USD 319.3 million.

TOC:

Executive Summary

Market landscape

Market size

Historical market sizes

Five forces analysis

Market segmentation by end users

Market segmentation by units

Market segmentation by geography

Customer landscape

Geographical Landscape

Drivers, challenges and trends

Company landscape

Business analysis

Appendix

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