DUBLIN--(BUSINESS WIRE)--The "Global Video Editing Software Market (2019-2025)" report has been added to ResearchAndMarkets.com's offering.
The Global Video Editing Software Market size is expected to reach 1.1 billion by 2025, rising at a market growth of 4.4% CAGR during the forecast period.
A standard video editing software comprises of tools to convert file formats, re-sequence clips, join clips, cut clips, adjust or re-adjust brightness, add sounds, crop and rotate footage, add a translation, and add other special effects to a video. Video editing software lets professional's film images. It also helps them in the development of post-production and editing of new videos in a digital file format. All video and audio processing tools help professionals deliver high-quality video and audio projects to their target audience.
The demand for video editing software is driven by the increasing need for easy-to-use editing solutions that are also cost-effective. Since video and audio applications are easily accessible from any device and any location, they have become popular with video and audio editor professionals. Cloud-based video editing software is also available in the market, enabling professionals to upload videos and edit files remotely. Cloud-based video editing solutions often allow professionals to link to different social and web accounts and share their videos. Accessibility to affordable software solutions is yet another key driver of the software market for video editing software.
The high penetration of smartphones around the globe is a key indicator of the growing demand for video editing software market. One of the major challenges affecting the market growth is the wide availability of free editing tools. The software can be conveniently downloaded and can be used to meet different editing requirements. Nevertheless, these free video and audio editing software tools are constrained to the basic editing process. Professionals use advanced software tools for more detailed editing.
Based on Application, the market is segmented into Commercial, Personal and Others. Based on Type, the market is segmented into On-Premise and Cloud-Based. Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa.
Recent strategies deployed in Video Splicing Software Market
Partnerships, Collaborations, and Agreements:
Jan-2019: CyberLink came into partnership with AFP, a global news agency. In this partnership, CyberLink provided its video editing software, PowerDirector to AFP's journalists. The partnership reinforced the media company's video production workflow by allowing the journalists in capturing, editing, compressing, and transmitting video content quickly to any AFP video desk for publication.
Jan-2019: TechSmith teamed up with Revulytics, Inc., a provider of software usage analytics. In this collaboration, TechSmith used Revulytics Usage Intelligence for helping the customers in getting more value from its Snagit and Camtasia software.
Jan-2019: Autodesk announced collaboration with NVIDIA for bringing 3D animation and 6K video editing to laptops. This collaboration was aimed at helping the artists in working more interactively with their models.
Acquisition and Mergers:
Jan-2019: Adobe acquired Allegorithmic, a leader in 3D editing and authoring for gaming and Entertainment Company. The acquisition helped in combining the Allegorithmic's Substance 3D design tools with creative cloud's industry-leading imaging, video and motion graphics tools. Through this integration, Adobe gives the VFX artists, video game creators, designers and marketers in delivering the next generation of immersive experiences.
Product Launches and Product Expansions:
Sep-2019: CyberLink made enhancements to its Director Suite 365, its flagship professional collection of creative software. The update brought significant additions to its ColorDirector, PhotoDirector, PowerDirector, and AudioDirector. It provided more optimized workflow and management options, creative tools, AI-powered editing, and a more comprehensive collection of innovative effect packs and plug-ins to the users.
Key Topics Covered:
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.3 Market Scope
1.5 Methodology for the research
Chapter 2. Market Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.3 Top Winning Strategies
Chapter 4. Global Video Editing Software Market by Application
4.1 Global Commercial Video Editing Software Market by Region
4.2 Global Personal Video Editing Software Market by Region
4.3 Global Others Video Editing Software Market by Region
Chapter 5. Global Video Editing Software Market by Type
5.1 Global On-Premise Video Editing Software Market by Region
5.2 Global Cloud-Based Video Editing Software Market by Region
Chapter 6. Global Video Editing Software Market by Region
6.1 North America Video Editing Software Market
6.2 Europe Video Editing Software Market
6.3 Asia Pacific Video Editing Software Market
6.4 LAMEA Video Editing Software Market
Chapter 7. Company Profiles
7.1 Autodesk, Inc.
7.2 Adobe, Inc.
7.3 CyberLink Corporation
7.4 Corel Corporation
7.5 Apple, Inc.
7.6 Avid Technology, Inc.
7.7 TechSmith Corporation
7.8 Magix Software GmbH
7.9 ArcSoft, Inc.
7.10 Wondershare Technology Group Co., Ltd.
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