According to the latest market research report titled "audio and video editing software market by End-user (Commercial and Personal) and Geography (North America, Europe, APAC, South America, and MEA)" from Technavio, the market is expected to grow by USD 1.97 billion while expanding at a healthy CAGR of about 9%.
Impact of COVID-19 The audio and video editing software market will witness a positive impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio's pandemic-focused market research, market growth is likely to grow in 2021 as compared to 2020.
Frequently Asked Questions:
Based on segmentation by End-user, which is the leading segment in the market? Commercial end-user segment will be the largest revenue-generating segment
What will be the expected YOY in 2021? The anticipated YOY for 2021 is estimated at 6.67%
At what rate is the market projected to grow? The market growth will accelerate at a CAGR of about 9%.
What will be the projected valuation of the market during 2021-2025? The market is expected to grow worth USD 1.97 billion during 2021-2025
How big is the North American market? 45% of the growth will originate from North America.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Acon AS, Adobe Inc., Animoto Inc., Apple Inc., Autodesk Inc., CyberLink Corp., Avid Technology Inc., Microsoft Corp., Sony Corp., and Steinberg Media Technologies GmbH are some of the major market participants. In a bid to help players strengthen their market foothold, this audio and video editing software market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.
The increasing content generation and rise of OTT platforms, strategic partnerships and collaborations between market participants, and decrease in prices of audio and video editing software will offer immense growth opportunities. However, the increase in the use of open-source and free editing software is likely to pose a challenge for the market vendors.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
Audio and Video Editing Software Market 2021-2025: Segmentation
Audio and Video Editing Software Market is segmented as below:
Audio and Video Editing Software Market 2021-2025: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The audio and video editing software market report covers the following areas:
Audio and Video Editing Software Market Size
Audio and Video Editing Software Market Trends
Audio and Video Editing Software Market Industry Analysis
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.
Audio and Video Editing Software Market 2021-2025: Key Highlights
CAGR of the market during the forecast period 2021-2025
Detailed information on factors that will assist audio and video editing software market growth during the next five years
Estimation of the audio and video editing software market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the audio and video editing software market across North America, Europe, APAC, South America, and MEA
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of audio and video editing software market vendors
Table of Contents:
Value chain analysis
Market segment analysis
Market size 2020
Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
Five forces summary
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market Segmentation by End-user
Comparison by End user
Commercial - Market size and forecast 2020-2025
Personal - Market size and forecast 2020-2025
Market opportunity by End user
North America - Market size and forecast 2020-2025
Europe - Market size and forecast 2020-2025
APAC - Market size and forecast 2020-2025
South America - Market size and forecast 2020-2025
MEA - Market size and forecast 2020-2025
Key leading countries
Market opportunity by geography
Market positioning of vendors
Avid Technology Inc.
Steinberg Media Technologies GmbH
Scope of the report
Currency conversion rates for US$
List of abbreviations
About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.