0

Audio and Video Editing Software Market by End-user and Geography - Forecast and Analysis 2021-2025

  • Published: May 2021
  • Pages: 128
  • SKU: IRTNTR41027
Technavio

Enjoy complimentary customisation on priority with our Enterprise License!

Get me the latest version! (includes COVID-19 impact)
Safe and Secure SSL Encrypted

info
close
  • Single User:

    Quick and easy buy and download option

  • Enterprise:

    Flexible option - Complimentary customization included

2500 USD

The audio and video editing software market share is expected to increase by USD 1.97 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 9%.

This audio and video editing software market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers audio and video editing software market segmentations by end-user (commercial and personal) and geography (North America, Europe, APAC, South America, and MEA). The audio and video editing software market report also offers information on several market vendors, including Acon AS, Adobe Inc., Animoto Inc., Apple Inc., Autodesk Inc., CyberLink Corp., Avid Technology Inc., Microsoft Corp., Sony Corp., and Steinberg Media Technologies GmbH among others.

What will the Audio and Video Editing Software Market Size be During the Forecast Period?

Audio and Video Editing Software Market Size

Download the Free Report Sample to Unlock the Audio and Video Editing Software Market Size for the Forecast Period and Other Important Statistics

 

Audio and Video Editing Software Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The increasing content generation and rise of OTT platforms is notably driving the audio and video editing software market growth, although factors such as increase in use of open-source and free editing software may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the audio and video editing software industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Audio and Video Editing Software Market Driver

The increasing content generation and rise of OTT platforms is one of the key drivers supporting the audio and video editing software market growth. Content generation refers to maintaining and updating websites, blogging, and others. The extensive use of social media platforms, such as Facebook, Twitter, Instagram, and YouTube, has created a significant demand for digital content. Competition among the existing vendors is intensifying the growth of the market. They will also enable vendors to explore new opportunity areas for products and services and generate revenues through the sales of their software to enterprises from different verticals, including IT and media and entertainment. This is expected to augment the growth of the global audio and video editing software market during the forecast period.

Key Audio and Video Editing Software Market Trend

The decrease in prices of audio and video editing software is a key trend positively impacting the key audio and video editing software market growth. Prominent vendors of audio and video editing software, such as Apple, Adobe, and Avid, are known to price their products aggressively which has reduced the prices of their products to remain competitive in the market due to the presence of free and open-source software for personal and commercial projects. The trend of making software affordable for SMEs, production houses, and individuals was initiated by Apple. Thus, the decrease in the price of audio and video editing software, along with the introduction of upgraded plans, will attract more customers to opt for paid subscriptions. This is expected to augment the growth of the global audio and video editing software market during the forecast period.

Key Audio and Video Editing Software Market Challenge

The availability of free and open-source audio and video editing software is expected to hamper the growth of the global audio and video editing software market during the forecast period. 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. Interoperability between different codecs and software is a serious issue faced by audio and video editing software vendors. The increased level of fragmentation among developers has made audio and video editing software interoperability a major challenge for the global audio and video editing software market. Thus, software publishers, developers, and vendors are increasing the price of their software to safeguard their revenues. Thus, the increase in the use of pirated software is expected to hinder the growth of the market during the forecast period.

This audio and video editing software market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Parent Market Analysis

Technavio categorizes the global audio and video editing software market is a part of the global application software market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the audio and video editing software market during the forecast period.

Who are the Major Audio and Video Editing Software Market Vendors?

The report analyzes global application software market's competitive landscape and offers information on several market vendors, including:

 

  • Acon AS
  • Adobe Inc.
  • Animoto Inc.
  • Apple Inc.
  • Autodesk Inc.
  • CyberLink Corp.
  • Avid Technology Inc.
  • Microsoft Corp.
  • Sony Corp.
  • Steinberg Media Technologies GmbH

 

This statistical study of the audio and video editing software market encompasses successful business strategies deployed by the key vendors. The audio and video editing software market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.

Product Insights and News

  • Acoustica 7 - Acoustica 7 is the perfect software application for audio editing, mastering, and restoration work on both Mac and PC. The application is available in a Premium Edition and a lower-cost Standard Edition.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The audio and video editing software market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Audio and Video Editing Software Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the audio and video editing software market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

The value chain of the global application software market includes the following core components:

  • Inputs
  • Inbound logistics
  • Operations
  • Outbound logistics
  • Marketing and sales
  • Service
  • Support activities
  • Innovation

The report has further elucidated on other innovative approaches being followed by service providers to ensure a sustainable market presence.

 

Which are the Key Regions for Audio and Video Editing Software Market?

Audio and Video Editing Software Market Market segmentation by region

For more insights on the market share of various regions Request for a FREE sample now!

45% of the market's growth will originate from North America during the forecast period. The US is the key market for the audio and video editing software market in North America. Market growth in this region will be slower than the growth of the market in other regions.

The popularity of streaming services and the growing demand for other social media platforms will facilitate the audio and video editing software market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The COVID-19 pandemic has had a positive impact on the audio and video editing software market in North America, which is mainly attributed to the growing demand for streaming platforms. The popularity of streaming services and the growing demand for other social media platforms have increased during the pandemic, and new consumption patterns have started to emerge. All such factors have positively impacted the demand for audio and video editing software in 2020, and it is expected to grow during the forecast period as well.

What are the Revenue-generating End-user Segments in the Audio and Video Editing Software Market?

Audio and Video Editing Software Market Segmentation

To gain further insights on the market contribution of various segments Request for a FREE sample

The audio and video editing software market share growth by the commercial segment will be significant 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.

This report provides an accurate prediction of the contribution of all the segments to the growth of the audio and video editing software market size and actionable market insights on post COVID-19 impact on each segment.

 

Audio and Video Editing Software Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 9%

Market growth 2021-2025

$ 1.97 billion

Market structure

Fragmented

YoY growth (%)

6.67

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

North America at 45%

Key consumer countries

US, China, Germany, UK, and Japan

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Acon AS, Adobe Inc., Animoto Inc., Apple Inc., Autodesk Inc., CyberLink Corp., Avid Technology Inc., Microsoft Corp., Sony Corp., and Steinberg Media Technologies GmbH

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for 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.

Request for a FREE sample

What are the Key Data Covered in this Audio and Video Editing Software Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive audio and video editing software market growth during the next five years
  • Precise estimation of the audio and video editing software market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the audio and video editing software industry across North America, Europe, APAC, South America, and MEA
  • A thorough 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

We can help! Our analysts can customize this report to meet your requirements. Get in touch

1 Executive Summary

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 01: Parent market
    • Exhibit 02: Market characteristics
  • 2.2 Value chain analysis
    • Exhibit 03: Value chain analysis for application software

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 04: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 05: Market segments
  • 3.3 Market size 2020
    • 3.4 Market outlook: Forecast for 2020 - 2025
      • Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ million)
      • Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 08: Five forces analysis 2020 & 2025
    • 4.2 Bargaining power of buyers
      • Exhibit 09: Bargaining power of buyers
    • 4.3 Bargaining power of suppliers
      • Exhibit 10: Bargaining power of suppliers
    • 4.4 Threat of new entrants
      • Exhibit 11: Threat of new entrants
    • 4.5 Threat of substitutes
      • Exhibit 12: Threat of substitutes
    • 4.6 Threat of rivalry
      • Exhibit 13: Threat of rivalry
    • 4.7 Market condition
      • Exhibit 14: Market condition - Five forces 2020

    5 Market Segmentation by End-user

    • 5.1 Market segments
      • Exhibit 15: End user - Market share 2020-2025 (%)
    • 5.2 Comparison by End user
      • Exhibit 16: Comparison by End user
    • 5.3 Commercial - Market size and forecast 2020-2025
      • Exhibit 17: Commercial - Market size and forecast 2020-2025 ($ million)
      • Exhibit 18: Commercial - Year-over-year growth 2020-2025 (%)
    • 5.4 Personal - Market size and forecast 2020-2025
      • Exhibit 19: Personal - Market size and forecast 2020-2025 ($ million)
      • Exhibit 20: Personal - Year-over-year growth 2020-2025 (%)
    • 5.5 Market opportunity by End user
      • Exhibit 21: Market opportunity by End user

    6 Customer landscape

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 23: Market share by geography 2020-2025 (%)
    • 7.2 Geographic comparison
      • Exhibit 24: Geographic comparison
    • 7.3 North America - Market size and forecast 2020-2025
      • Exhibit 25: North America - Market size and forecast 2020-2025 ($ million)
      • Exhibit 26: North America - Year-over-year growth 2020-2025 (%)
    • 7.4 Europe - Market size and forecast 2020-2025
      • Exhibit 27: Europe - Market size and forecast 2020-2025 ($ million)
      • Exhibit 28: Europe - Year-over-year growth 2020-2025 (%)
    • 7.5 APAC - Market size and forecast 2020-2025
      • Exhibit 29: APAC - Market size and forecast 2020-2025 ($ million)
      • Exhibit 30: APAC - Year-over-year growth 2020-2025 (%)
    • 7.6 South America - Market size and forecast 2020-2025
      • Exhibit 31: South America - Market size and forecast 2020-2025 ($ million)
      • Exhibit 32: South America - Year-over-year growth 2020-2025 (%)
    • 7.7 MEA - Market size and forecast 2020-2025
      • Exhibit 33: MEA - Market size and forecast 2020-2025 ($ million)
      • Exhibit 34: MEA - Year-over-year growth 2020-2025 (%)
    • 7.8 Key leading countries
      • Exhibit 35: Key leading countries
    • 7.9 Market opportunity by geography
      • Exhibit 36: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • Exhibit 37: Impact of drivers and challenges
      • 8.3 Market trends

        9 Vendor Landscape

        • 9.1 Overview
          • Exhibit 38: Vendor landscape
        • 9.2 Landscape disruption
          • Exhibit 39: Landscape disruption
          • Exhibit 40: Industry risks

        10 Vendor Analysis

        • 10.1 Vendors covered
          • Exhibit 41: Vendors covered
        • 10.2 Market positioning of vendors
          • 10.3 Acon AS
            • Exhibit 43: Acon AS - Overview
            • Exhibit 44: Acon AS - Product and service
            • Exhibit 45: Acon AS - Key news
            • Exhibit 46: Acon AS - Key offerings
          • 10.4 Adobe Inc.
            • Exhibit 47: Adobe Inc. - Overview
            • Exhibit 48: Adobe Inc. - Business segments
            • Exhibit 49: Adobe Inc. – Key news
            • Exhibit 50: Adobe Inc. - Key offerings
            • Exhibit 51: Adobe Inc. - Segment focus
          • 10.5 Animoto Inc.
            • Exhibit 52: Animoto Inc. - Overview
            • Exhibit 53: Animoto Inc. - Product and service
            • Exhibit 54: Animoto Inc. - Key offerings
          • 10.6 Apple Inc.
            • Exhibit 55: Apple Inc. - Overview
            • Exhibit 56: Apple Inc. - Business segments
            • Exhibit 57: Apple Inc. – Key news
            • Exhibit 58: Apple Inc. - Key offerings
            • Exhibit 59: Apple Inc. - Segment focus
          • 10.7 Autodesk Inc.
            • Exhibit 60: Autodesk Inc. - Overview
            • Exhibit 61: Autodesk Inc. - Business segments
            • Exhibit 62: Autodesk Inc. – Key news
            • Exhibit 63: Autodesk Inc. - Key offerings
          • 10.8 Avid Technology Inc.
            • Exhibit 64: Avid Technology Inc. - Overview
            • Exhibit 65: Avid Technology Inc. - Business segments
            • Exhibit 66: Avid Technology Inc. – Key news
            • Exhibit 67: Avid Technology Inc. - Key offerings
          • 10.9 CyberLink Corp.
            • Exhibit 68: CyberLink Corp. - Overview
            • Exhibit 69: CyberLink Corp. - Product and service
            • Exhibit 70: CyberLink Corp. – Key news
            • Exhibit 71: CyberLink Corp. - Key offerings
          • 10.10 Microsoft Corp.
            • Exhibit 72: Microsoft Corp. - Overview
            • Exhibit 73: Microsoft Corp. - Business segments
            • Exhibit 74: Microsoft Corp. – Key news
            • Exhibit 75: Microsoft Corp. - Key offerings
            • Exhibit 76: Microsoft Corp. - Segment focus
          • 10.11 Sony Corp.
            • Exhibit 77: Sony Corp. - Overview
            • Exhibit 78: Sony Corp. - Business segments
            • Exhibit 79: Sony Corp. – Key news
            • Exhibit 80: Sony Corp. - Key offerings
            • Exhibit 81: Sony Corp. - Segment focus
          • 10.12 Steinberg Media Technologies GmbH
            • Exhibit 82: Steinberg Media Technologies GmbH - Overview
            • Exhibit 83: Steinberg Media Technologies GmbH - Product and service
            • Exhibit 84: Steinberg Media Technologies GmbH - Key offerings

          11 Appendix

          • 11.1 Scope of the report
            • 11.2 Currency conversion rates for US$
              • Exhibit 85: Currency conversion rates for US$
            • 11.3 Research methodology
              • Exhibit 86: Research Methodology
              • Exhibit 87: Validation techniques employed for market sizing
              • Exhibit 88: Information sources
            • 11.4 List of abbreviations
              • Exhibit 89: List of abbreviations

            Research Framework

            Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

            TechnavioINFORMATION SOURCES

            Primary sources

            • Manufacturers and suppliers
            • Channel partners
            • Industry experts
            • Strategic decision makers

            Secondary sources

            • Industry journals and periodicals
            • Government data
            • Financial reports of key industry players
            • Historical data
            • Press releases
            Technavio

            TechnavioDATA ANALYSIS

            Data Synthesis

            • Collation of data
            • Estimation of key figures
            • Analysis of derived insights

            Data Validation

            • Triangulation with data models
            • Reference against proprietary databases
            • Corroboration with industry experts
            Technavio

            TechnavioREPORT WRITING

            Qualitative

            • Market drivers
            • Market challenges
            • Market trends
            • Five forces analysis

            Quantitative

            • Market size and forecast
            • Market segmentation
            • Geographical insights
            • Competitive landscape
            Interested in this report?
            Get your sample now!
            Market market growth will increase by $1.97 bn during 2021-2025.
            The market market is expected to grow at a CAGR of 9% during 2021-2025.
            Technavio has segmented the market market by end-user (Commercial and Personal) ,geography (North America, Europe, APAC, South America, and Middle East and Africa) , and geographic (North America, Europe, APAC, South America, and Middle East and Africa).
            Acon AS, Adobe Inc., Animoto Inc., Apple Inc., Autodesk Inc., Avid Technology Inc., CyberLink Corp., Microsoft Corp., Sony Corp., Steinberg Media Technologies GmbH are a few of the key vendors in the market market.
            North America will register the highest growth rate of 45% among the other regions. Therefore, the market market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
            The key factors driving the market market growth are:
            • increase in rate of content generation and rise of OTT platforms
            • Shift toward the cloud-based delivery model
            The market market vendors should focus on grabbing business opportunities from the commercial segment as it accounted for the largest market share in the base year.
            • What are the key global market and the regional market share?
            • What are the revenue-generating key market segments?
            • What are the key factors driving and challenging this market’s growth?
            • Who are the key market vendors and their growth strategies?
            • What are the latest trends influencing the growth of this market?
            • What are the variables influencing the market growth in the primary regions?
            • What are the factors influencing the growth of the parent market?
            • Off-the-shelf research reports
            • Reports can be tailored to meet the customer's needs
            • Trusted by more than 100 fortune 500 organizations
            • Information about the market's key drivers, trends, and challenges
            • Parent market analysis
            • Every week, 50,000 people visit our subscription platform
            • Detailed vendors report with competitive landscape
            • Covid-19 impact and recovery analysis
            • Data on revenue-generating market segments
            • Details on the market shares of various regions
            • Five-force market analysis

            Certified ISO 9001 : 2015

            We are ISO 9001:2015 recognized that ensures quality services and product delivery to our clients.

            We are GDPR and CCPA compliant! Your transaction & personal information is protected from unauthorized use.

            Safe and Secure SSL Encrypted
            Technavio

            info
            close
            • Single User:

              Quick and easy buy and download option

            • Enterprise:

              Flexible option - Complimentary customization included

            2500 USD

            Technavio Get the report (PDF) sent to your email within minutes.

            Subscribe & Save

            Get lifetime access to our
            Technavio Insights

            Customized Report as per your Business Needs

            • Our analysts will work directly with you and understand your needs
            • Get data on specified regions or segments, competitor and Vendors
            • Data will be formatted and presented as per your requirements
            • We offer $1000 worth of FREE customization at the time of purchase

            Let us help you make report more suited to your requirements.

            • Get a competitive breakdown as per your niche industry
            • Customize the data with various metrics that meet your business prerequisite
            • Understand Revenue Sources, Customers and many more
            • Details on Market Share
            • These customizations are done in a short amount of time by our analysts and industry experts
            Technavio
            Enquire Before Buying
            17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>