PUBLISHER: TechNavio | PRODUCT CODE: 1156201
PUBLISHER: TechNavio | PRODUCT CODE: 1156201
Technavio has been monitoring the audio and video editing software market and it is poised to grow by $1486.21 mn during 2023-2027, accelerating at a CAGR of 6.38% during the forecast period. Our report on the audio and video 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 global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by an increase in the rate of content generation and the rise of OTT platforms, strategic partnerships and collaborations between market participants, and a decrease in the prices of audio and video editing software.
Technavio's audio and video editing software market is segmented as below:
By End-user
By Device
By Geography
This study identifies the shift toward a cloud-based delivery model as one of the prime reasons driving the audio and video editing software market growth during the next few years. Also, the increased use of editing software for personal use and the rise in mobile-based editing software will lead to sizable demand in the market.
Technavio's 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 audio and video editing software market vendors that include 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., and Wondershare Technology Co. Ltd. Also, the audio and video 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.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources through an analysis of 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 primary and secondary research. Technavio's 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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