LONDON--(BUSINESS WIRE)--Technavio has been monitoring the audio and video editing software market and it is poised to grow by USD 2.5 billion during 2020-2024, progressing at a CAGR of over 11% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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The market is concentrated, and the degree of concentration will accelerate during the forecast period. Acon AS, Adobe Inc., Animoto Inc., Apple Inc., Autodesk Inc., Avid Technology Inc., CyberLink Corp., Microsoft Corp., Sony Corp., and Steinberg Media Technologies GmbH are some of the major market participants. Although the increase in the rate of content generation will offer immense growth opportunities, the rising use of open-source and free editing software will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The increase in the rate of content generation has been instrumental in driving the growth of the market. However, the rising use of open-source and free editing software might hamper market growth.
Audio and Video Editing Software Market 2020-2024: Segmentation
Audio and Video Editing Software Market is segmented as below:
- North America
- South America
- The Middle East And Africa
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Audio and Video Editing Software Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our 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
This study identifies the shift toward cloud-based delivery model as one of the prime reasons driving the audio and video editing software market growth during the next few years.
Audio and Video Editing Software Market 2020-2024: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the audio and video editing software market, including some of the vendors such as Acon AS, Adobe Inc., Animoto Inc., Apple Inc., Autodesk Inc., Avid Technology Inc., CyberLink Corp., Microsoft Corp., Sony Corp., and Steinberg Media Technologies GmbH Backed with competitive intelligence and benchmarking, our research reports on the Audio and Video Editing Software Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Audio and Video Editing Software Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- 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
- 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:
- Market ecosystem
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
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 condition
Market Segmentation by End-user
- Market segments
- Comparison by End-user placement
- Commercial - Market size and forecast 2019-2024
- Personal - Market size and forecast 2019-2024
- Market opportunity by End-user
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- APAC - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- Middle East and Africa - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Volume driver - Demand led growth
- Price driver
- Market challenges
- Market trends
- Vendor landscape
- Landscape disruption
- Vendors covered
- Market positioning of vendors
- Acon AS
- Adobe Inc.
- Animoto Inc.
- Apple Inc.
- Autodesk Inc.
- Avid Technology Inc.
- CyberLink Corp.
- Microsoft Corp.
- Sony Corp.
- Steinberg Media Technologies GmbH
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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