NEW
YORK, Dec. 2, 2022 /PRNewswire/ -- According to
Technavio, the global audio and video editing software
market size is projected to grow by USD 1,486.21 million from 2022 to 2027.
The market is estimated to grow at a CAGR of 6.38% during the
forecast period. However, the growth momentum will decelerate.
North America held the largest
share of the global market in 2022, and the market in the region is
estimated to witness an incremental growth of 42%.
Discover some insights on market size before buying the full
report. Request a free sample report!
Global Audio and Video Editing Software Market
- Parent Market Analysis
Technavio categorizes the global audio and video editing
software market as a part of the Application software market
within the global IT software market. The parent market covers
companies developing and producing applications and system
software. The global application software market covers companies
engaged in developing and producing software designed for
specialized applications for the business or consumer market and it
includes enterprise and technical software, as well as cloud-based
software. It excludes companies classified in the interactive home
entertainment sub-industry and companies producing systems or
database management software classified in the systems software
sub-industry. Our research report has extensively covered external
factors influencing the parent market growth during the forecast
period.
Find insights on parent market & value
chain analysis. Download an exclusive sample!
Global Audio and Video Editing Software Market - Five
Forces
The global audio and video editing Software market is
fragmented, and the five forces analysis covers–
- Bargaining Power of Buyers
- Threat of New Entrants
- Threat of Rivalry
- Bargaining Power of Suppliers
- Threat of Substitutes
- Interpretation of Porter's Five Forces model helps to
strategize the business, for entire details - buy report!
Global Audio and Video Editing Software Market –
Customer Landscape
The report includes the market's adoption lifecycle, from the
innovator's stage to the laggard's stage. It focuses on adoption
rates in different regions based on the penetration.
Furthermore, the report also includes key purchase criteria and
drivers of price sensitivity to help companies evaluate and develop
their growth strategies.
Global Audio and Video Editing Software Market
- Segmentation Assessment
Segment Overview
Technavio has segmented the market based on end-user, devices,
and region.
- The large enterprise segment will grow at the highest rate
during the forecast period. The commercial end-user segment of
the global audio and video editing software market is expected to
witness a moderate growth rate during the forecast period due to
the growth of the film industry and the over-the-top (OTT) video
streaming industry, as well as the increase in the number of
digital marketing firms and advertising agencies. In addition, our
report provides a brief analysis of the historical and forecast
market share and their segments along with the reasons for growth
from 2017 to 2027.
Geography Overview
By geography, the global audio and video editing software
market is segmented into North
America, Europe, APAC,
South America, and the
Middle East and Africa. The report provides actionable
insights and estimates the contribution of all regions to the
growth of the global Audio and Video Editing Software market.
- 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 US is the major revenue contributor
to the market in this region. Hollywood is home to several prominent film
production houses, digital media agencies, and animation studios.
The US witnesses a higher demand for audio and video editing
software than the other countries in the region.
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Global Audio and Video Editing Software Market –
Market Dynamics
Key factors driving market growth
- Content generation refers to maintaining and updating websites,
blogging, videography, online commentary, 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 as animations and image
formats. The extensive use of social media platforms has created a
significant demand for digital content.
- Digital media consumption is also growing with the increase in
the adoption of smartphones and rising Internet speeds. Influencers
and digital marketers across these platforms are leveraging editing
software to differentiate the content in their channels. The rises
in the consumption and generation of digital content will augment
the growth of the market for audio and video editing software
during the forecast period.
Recent trends influencing the market
- Globally, cloud adoption has increased among various industries
due to advantages such as reliability, enhanced uptime, enriched IT
services, increased flexibility of data access, and improved
operational speeds. Owing to such benefits of cloud solutions,
various audio and video editing software vendors are developing
cloud-based audio and video editing software.
- Moreover, the companies are offering these cloud solutions on a
subscription basis. Which resulted that the number of subscribers
is increasing due to the adoption of this model. Thus, the shift
toward a cloud-based delivery model is expected to support the
growth of the market during the forecast period.
Major challenges hindering market growth
- Vendor lock-in, also known as customer lock-in or proprietary
lock-in, refers to the purchase of audio and video editing software
in the current market is through a single perpetual license or
subscription-based model. Most startups and SMEs are
price-conscious buyers as they cannot afford expensive commercial
software.
- The purchase of the software requires an initial substantial
investment. To save on this expense, various SMEs and
non-professional users look for free and open-source software. SMEs
are adopting open-source software as it is more transparent,
reliable, and cost-effective.
- Developers have code visibility and can refer to the source
code to locate bugs, explore security vulnerabilities, and
understand the interaction of the code with machines. Also,
organizations can modify open-source software as per their
requirements at no cost. Thus, the increase in the use of
open-source or free audio and video editing software is expected to
limit the market's growth during the forecast period.
Drivers, Trends, & Challenges are the
factors of market dynamics, which state about consequences and
sustainability of the businesses. Find some insights
from a free sample report!
What are the key data covered in this Audio and Video Editing
Software market report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of
the audio and video editing software market between 2023 and
2027
- Precise estimation of the size of the audio and video
editing software market and its contribution to the parent
market
- Accurate predictions about upcoming trends and changes in
consumer behavior
- Growth of the audio and video editing software
market industry across APAC, North
America, Europe,
Middle East and Africa, and South
America
- Thorough analysis of the market's competitive landscape and
detailed information about vendors
- Comprehensive analysis of factors that will challenge the
growth of the audio and video editing software
market vendors
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Audio and Video
Editing Software Market Scope
|
Report
Coverage
|
Details
|
Page number
|
167
|
Base year
|
2022
|
Historic
Period
|
2017 -2021
|
Forecast
period
|
2023 -2027
|
Growth momentum &
CAGR
|
Accelerate at a CAGR of
6.38%
|
Market growth
2023-2027
|
USD 1,486.21
million
|
Market
structure
|
Fragmented
|
YoY growth
(%)
|
6.02
|
Regional
analysis
|
North America, Europe,
APAC, Middle East and Africa, and South America
|
Performing market
contribution
|
North America at
42%
|
Key
countries
|
US, Canada, China,
Japan, Germany, and UK
|
Competitive
landscape
|
Leading companies,
Market Positioning of Vendors, Competitive Strategies, and Industry
Risks
|
Leading Vendors, Market
Positioning of Vendors
|
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.
|
Market
Dynamics
|
Parent Market Analysis;
Market growth inducers and obstacles; Fast-growing and slow-growing
segment analysis for the forecast period
|
Customization
purview
|
If our report has not
included the data that you are looking for, you can reach out to
our analysts and get segments customized.
|
Browse for Technavio's Information Technology
Market Reports
Table of Contents:
1 Executive Summary
- 1.1 Market overview
-
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market
Overview
- Exhibit 03: Executive Summary – Chart on Global Market
Characteristics
- Exhibit 04: Executive Summary – Chart on Market by
Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by
End-user
- Exhibit 06: Executive Summary – Chart on Market Segmentation by
Device
- Exhibit 07: Executive Summary – Chart on Incremental
Growth
- Exhibit 08: Executive Summary – Data Table on Incremental
Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market
Positioning
2 Market Landscape
- 2.1 Market ecosystem
-
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
-
- Exhibit 12: Offerings of vendors included in the market
definition
- 3.2 Market segment analysis
-
- Exhibit 13: Market segments
- 3.4 Market outlook: Forecast for 2022-2027
-
- Exhibit 14: Chart on Global - Market size and forecast
2022-2027 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast
2022-2027 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth
2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth
2022-2027 (%)
4 Historic Market Size
- 4.1 Global audio and video editing software market 2017 -
2021
-
- Exhibit 18: Historic Market Size – Data Table on Global audio
and video editing software market 2017 - 2021 ($ million)
- 4.2 End-user Segment Analysis 2017 - 2021
-
- Exhibit 19: Historic Market Size – End-user Segment 2017 - 2021
($ million)
- 4.3 Device Segment Analysis 2017 - 2021
-
- Exhibit 20: Historic Market Size – Device Segment 2017 - 2021
($ million)
- 4.4 Geography Segment Analysis 2017 - 2021
-
- Exhibit 21: Historic Market Size – Geography Segment 2017 -
2021 ($ million)
- 4.5 Country Segment Analysis 2017 - 2021
-
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021
($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
-
- Exhibit 23: Five forces analysis - Comparison between 2022 and
2027
- 5.2 Bargaining power of buyers
-
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key
factors 2022 and 2027
- 5.3 Bargaining power of suppliers
-
- Exhibit 25: Bargaining power of suppliers – Impact of key
factors in 2022 and 2027
- 5.4 Threat of new entrants
-
- Exhibit 26: Threat of new entrants – Impact of key factors in
2022 and 2027
- 5.5 Threat of substitutes
-
- Exhibit 27: Threat of substitutes – Impact of key factors in
2022 and 2027
- 5.6 Threat of rivalry
-
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022
and 2027
- 5.7 Market condition
-
- Exhibit 29: Chart on Market condition - Five forces 2022 and
2027
6 Market Segmentation by End-user
- 6.1 Market segments
-
- Exhibit 30: Chart on End-user - Market share 2022-2027 (%)
- Exhibit 31: Data Table on End-user - Market share 2022-2027
(%)
- 6.2 Comparison by End-user
-
- Exhibit 32: Chart on Comparison by End-user
- Exhibit 33: Data Table on Comparison by End-user
- 6.3 Commercial - Market size and forecast 2022-2027
-
- Exhibit 34: Chart on Commercial - Market size and forecast
2022-2027 ($ million)
- Exhibit 35: Data Table on Commercial - Market size and forecast
2022-2027 ($ million)
- Exhibit 36: Chart on Commercial - Year-over-year growth
2022-2027 (%)
- Exhibit 37: Data Table on Commercial - Year-over-year growth
2022-2027 (%)
- 6.4 Personal - Market size and forecast 2022-2027
-
- Exhibit 38: Chart on Personal - Market size and forecast
2022-2027 ($ million)
- Exhibit 39: Data Table on Personal - Market size and forecast
2022-2027 ($ million)
- Exhibit 40: Chart on Personal - Year-over-year growth 2022-2027
(%)
- Exhibit 41: Data Table on Personal - Year-over-year growth
2022-2027 (%)
- 6.5 Market opportunity by End-user
-
- Exhibit 42: Market opportunity by End-user ($ million)
7 Market Segmentation by Device
- 7.1 Market segments
-
- Exhibit 43: Chart on Device - Market share 2022-2027 (%)
- Exhibit 44: Data Table on Device - Market share 2022-2027
(%)
- 7.2 Comparison by Device
-
- Exhibit 45: Chart on Comparison by Device
- Exhibit 46: Data Table on Comparison by Device
- 7.3 Laptop/Desktop - Market size and forecast 2022-2027
-
- Exhibit 47: Chart on Laptop/Desktop - Market size and forecast
2022-2027 ($ million)
- Exhibit 48: Data Table on Laptop/Desktop - Market size and
forecast 2022-2027 ($ million)
- Exhibit 49: Chart on Laptop/Desktop - Year-over-year growth
2022-2027 (%)
- Exhibit 50: Data Table on Laptop/Desktop - Year-over-year
growth 2022-2027 (%)
- 7.4 Mobile - Market size and forecast 2022-2027
-
- Exhibit 51: Chart on Mobile - Market size and forecast
2022-2027 ($ million)
- Exhibit 52: Data Table on Mobile - Market size and forecast
2022-2027 ($ million)
- Exhibit 53: Chart on Mobile - Year-over-year growth 2022-2027
(%)
- Exhibit 54: Data Table on Mobile - Year-over-year growth
2022-2027 (%)
- 7.5 Market opportunity by Device
-
- Exhibit 55: Market opportunity by Device ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
-
- Exhibit 56: Analysis of price sensitivity, lifecycle, customer
purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
-
- Exhibit 57: Chart on Market share by geography 2022-2027
(%)
- Exhibit 58: Data Table on Market share by geography 2022-2027
(%)
- 9.2 Geographic comparison
-
- Exhibit 59: Chart on Geographic comparison
- Exhibit 60: Data Table on Geographic comparison
- 9.3 North America - Market
size and forecast 2022-2027
-
- Exhibit 61: Chart on North
America - Market size and forecast 2022-2027 ($
million)
- Exhibit 62: Data Table on North
America - Market size and forecast 2022-2027 ($
million)
- Exhibit 63: Chart on North
America - Year-over-year growth 2022-2027 (%)
- Exhibit 64: Data Table on North
America - Year-over-year growth 2022-2027 (%)
- 9.4 Europe - Market size and
forecast 2022-2027
-
- Exhibit 65: Chart on Europe -
Market size and forecast 2022-2027 ($ million)
- Exhibit 66: Data Table on Europe - Market size and forecast 2022-2027 ($
million)
- Exhibit 67: Chart on Europe -
Year-over-year growth 2022-2027 (%)
- Exhibit 68: Data Table on Europe - Year-over-year growth 2022-2027
(%)
- 9.5 APAC - Market size and forecast 2022-2027
-
- Exhibit 69: Chart on APAC - Market size and forecast 2022-2027
($ million)
- Exhibit 70: Data Table on APAC - Market size and forecast
2022-2027 ($ million)
- Exhibit 71: Chart on APAC - Year-over-year growth 2022-2027
(%)
- Exhibit 72: Data Table on APAC - Year-over-year growth
2022-2027 (%)
- 9.6 South America - Market
size and forecast 2022-2027
-
- Exhibit 73: Chart on South
America - Market size and forecast 2022-2027 ($
million)
- Exhibit 74: Data Table on South
America - Market size and forecast 2022-2027 ($
million)
- Exhibit 75: Chart on South
America - Year-over-year growth 2022-2027 (%)
- Exhibit 76: Data Table on South
America - Year-over-year growth 2022-2027 (%)
- 9.7 Middle East and
Africa - Market size and forecast
2022-2027
-
- Exhibit 77: Chart on Middle
East and Africa - Market
size and forecast 2022-2027 ($ million)
- Exhibit 78: Data Table on Middle
East and Africa - Market
size and forecast 2022-2027 ($ million)
- Exhibit 79: Chart on Middle
East and Africa -
Year-over-year growth 2022-2027 (%)
- Exhibit 80: Data Table on Middle
East and Africa -
Year-over-year growth 2022-2027 (%)
- 9.8 US - Market size and forecast 2022-2027
-
- Exhibit 81: Chart on US - Market size and forecast 2022-2027 ($
million)
- Exhibit 82: Data Table on US - Market size and forecast
2022-2027 ($ million)
- Exhibit 83: Chart on US - Year-over-year growth 2022-2027
(%)
- Exhibit 84: Data Table on US - Year-over-year growth 2022-2027
(%)
- 9.9 China - Market size and
forecast 2022-2027
-
- Exhibit 85: Chart on China -
Market size and forecast 2022-2027 ($ million)
- Exhibit 86: Data Table on China - Market size and forecast 2022-2027 ($
million)
- Exhibit 87: Chart on China -
Year-over-year growth 2022-2027 (%)
- Exhibit 88: Data Table on China - Year-over-year growth 2022-2027
(%)
- 9.10 Canada - Market size and
forecast 2022-2027
-
- Exhibit 89: Chart on Canada -
Market size and forecast 2022-2027 ($ million)
- Exhibit 90: Data Table on Canada - Market size and forecast 2022-2027 ($
million)
- Exhibit 91: Chart on Canada -
Year-over-year growth 2022-2027 (%)
- Exhibit 92: Data Table on Canada - Year-over-year growth 2022-2027
(%)
- 9.11 Germany - Market size and
forecast 2022-2027
-
- Exhibit 93: Chart on Germany -
Market size and forecast 2022-2027 ($ million)
- Exhibit 94: Data Table on Germany - Market size and forecast 2022-2027
($ million)
- Exhibit 95: Chart on Germany -
Year-over-year growth 2022-2027 (%)
- Exhibit 96: Data Table on Germany - Year-over-year growth 2022-2027
(%)
- 9.12 UK - Market size and forecast 2022-2027
-
- Exhibit 97: Chart on UK - Market size and forecast 2022-2027 ($
million)
- Exhibit 98: Data Table on UK - Market size and forecast
2022-2027 ($ million)
- Exhibit 99: Chart on UK - Year-over-year growth 2022-2027
(%)
- Exhibit 100: Data Table on UK - Year-over-year growth 2022-2027
(%)
- 9.13 Japan - Market size and
forecast 2022-2027
-
- Exhibit 101: Chart on Japan -
Market size and forecast 2022-2027 ($ million)
- Exhibit 102: Data Table on Japan - Market size and forecast 2022-2027 ($
million)
- Exhibit 103: Chart on Japan -
Year-over-year growth 2022-2027 (%)
- Exhibit 104: Data Table on Japan - Year-over-year growth 2022-2027
(%)
- 9.14 Market opportunity by geography
-
- Exhibit 105: Market opportunity by geography ($ million)
10 Drivers, Challenges, and Trends
- 10.3 Impact of drivers and challenges
-
- Exhibit 106: Impact of drivers and challenges in 2022 and
2027
11 Vendor Landscape
- 11.2 Vendor landscape
-
- Exhibit 107: Overview on Criticality of inputs and Factors of
differentiation
- 11.3 Landscape disruption
-
- Exhibit 108: Overview on factors of disruption
- 11.4 Industry risks
-
- Exhibit 109: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
-
- Exhibit 110: Vendors covered
- 12.2 Market positioning of vendors
-
- Exhibit 111: Matrix on vendor position and classification
- 12.3 Acon AS
-
- Exhibit 112: Acon AS - Overview
- Exhibit 113: Acon AS - Product / Service
- Exhibit 114: Acon AS - Key news
- Exhibit 115: Acon AS - Key offerings
- 12.4 Adobe Inc.
-
- Exhibit 116: Adobe Inc. - Overview
- Exhibit 117: Adobe Inc. - Business segments
- Exhibit 118: Adobe Inc. - Key news
- Exhibit 119: Adobe Inc. - Key offerings
- Exhibit 120: Adobe Inc. - Segment focus
- 12.5 Animoto Inc.
-
- Exhibit 121: Animoto Inc. - Overview
- Exhibit 122: Animoto Inc. - Product / Service
- Exhibit 123: Animoto Inc. - Key offerings
- 12.6 Apple Inc.
-
- Exhibit 124: Apple Inc. - Overview
- Exhibit 125: Apple Inc. - Business segments
- Exhibit 126: Apple Inc. - Key news
- Exhibit 127: Apple Inc. - Key offerings
- Exhibit 128: Apple Inc. - Segment focus
- 12.7 Autodesk Inc.
-
- Exhibit 129: Autodesk Inc. - Overview
- Exhibit 130: Autodesk Inc. - Product / Service
- Exhibit 131: Autodesk Inc. - Key news
- Exhibit 132: Autodesk Inc. - Key offerings
- 12.8 Avid Technology Inc.
-
- Exhibit 133: Avid Technology Inc. - Overview
- Exhibit 134: Avid Technology Inc. - Product / Service
- Exhibit 135: Avid Technology Inc. - Key offerings
- 12.9 Blackmagic Design Pty. Ltd.
-
- Exhibit 136: Blackmagic Design Pty. Ltd. - Overview
- Exhibit 137: Blackmagic Design Pty. Ltd. - Product /
Service
- Exhibit 138: Blackmagic Design Pty. Ltd. - Key offerings
- 12.10 Corel Corp.
-
- Exhibit 139: Corel Corp. - Overview
- Exhibit 140: Corel Corp. - Product / Service
- Exhibit 141: Corel Corp. - Key offerings
- 12.11 CyberLink Corp.
-
- Exhibit 142: CyberLink Corp. - Overview
- Exhibit 143: CyberLink Corp. - Product / Service
- Exhibit 144: CyberLink Corp. - Key offerings
- 12.12 Flowplayer AB
-
- Exhibit 145: Flowplayer AB - Overview
- Exhibit 146: Flowplayer AB - Product / Service
- Exhibit 147: Flowplayer AB - Key offerings
- 12.13 MAGIX Software GmbH
-
- Exhibit 148: MAGIX Software GmbH - Overview
- Exhibit 149: MAGIX Software GmbH - Product / Service
- Exhibit 150: MAGIX Software GmbH - Key offerings
- 12.14 Microsoft Corp.
-
- Exhibit 151: Microsoft Corp. - Overview
- Exhibit 152: Microsoft Corp. - Business segments
- Exhibit 153: Microsoft Corp. - Key news
- Exhibit 154: Microsoft Corp. - Key offerings
- Exhibit 155: Microsoft Corp. - Segment focus
- 12.15 Sony Group Corp.
-
- Exhibit 156: Sony Group Corp. - Overview
- Exhibit 157: Sony Group Corp. - Business segments
- Exhibit 158: Sony Group Corp. - Key offerings
- Exhibit 159: Sony Group Corp. - Segment focus
- 12.16 Steinberg Media Technologies GmbH
-
- Exhibit 160: Steinberg Media Technologies GmbH - Overview
- Exhibit 161: Steinberg Media Technologies GmbH - Product /
Service
- Exhibit 162: Steinberg Media Technologies GmbH - Key
offerings
- 12.17 Wondershare Technology Co. Ltd.
-
- Exhibit 163: Wondershare Technology Co. Ltd. - Overview
- Exhibit 164: Wondershare Technology Co. Ltd. - Product /
Service
- Exhibit 165: Wondershare Technology Co. Ltd. - Key
offerings
13 Appendix
- 13.2 Inclusions and exclusions checklist
-
- Exhibit 166: Inclusions checklist
- Exhibit 167: Exclusions checklist
- 13.3 Currency conversion rates for US$
-
- Exhibit 168: Currency conversion rates for US$
- 13.4 Research methodology
-
- Exhibit 169: Research methodology
- Exhibit 170: Validation techniques employed for market
sizing
- Exhibit 171: Information sources
- 13.5 List of abbreviations
-
- Exhibit 172: List of abbreviations
About Us
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changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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