PUBLISHER: TechNavio | PRODUCT CODE: 1422523
PUBLISHER: TechNavio | PRODUCT CODE: 1422523
The photo editing software market is forecasted to grow by USD 520.16 mn during 2023-2028, accelerating at a CAGR of 7.81% during the forecast period. The report on the photo editing software market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing use of photo editing software in the global event industry, growing demand for web designing services, and a rise in investments and partnerships to expand photo editing services.
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 6.63% |
CAGR | 7.81% |
Incremental Value | $520.16mn |
Technavio's photo editing software market is segmented as below:
By End-user
By Platform
By Geographical Landscape
This study identifies the increasing applications of AI in the photo editing process as one of the prime reasons driving the photo editing software market growth during the next few years. Also, the growing adoption of AR in photo editing and the rise in demand for cloud-based photo editing software will lead to sizable demand in the market.
The report on the photo editing software market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading photo editing software market vendors that include ACD Systems International Inc., Adobe Inc., Afterlight Collective Inc., Alphabet Inc., Apple Inc., Corel Corp., CyberLink Corp., DxO, GIMP, Inmagine Lab Pte. Ltd., MAGIX Software GmbH, ON1, PhotoUp Inc., PicsArt Inc., Samsung Electronics Co. Ltd., Serif Europe Ltd., Skylum, Capture One, Lightricks Ltd., and Polarr Inc.. Also, the photo editing software market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market through study, synthesis, and summation of data from multiple sources by analyzing key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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