According to a new report Global Video Editing Software Market, published by KBV Research, 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. 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.
Commercially-used video editing software sources often have to be paid for use. Opting for a paid product will get high-end bonuses including 360-degree video support, motion tracking, and multi-cam editing. The Personal market is experiencing a growth rate of 5.2% during (2019 - 2025). Additionally, The Others market is expected to witness CAGR of 8.4% during (2019 - 2025).
The On-Premise market dominated the Global Video Editing Software Market by Type 2018. Cloud-based video editing software is expected to show the highest-growth rate of 5.5% during the forecast period. Cloud-based video editing software is widely used for social media marketing when creating short, presentation-style/mashup videos.
The North America region is leading the regional video editing software market. The rapid boost in the media and entertainment industry has created a market for digital media, increasing the use of video editing software. The Europe market is anticipated to grow at a CAGR of 4.2% during (2019 - 2025). Additionally, The Asia Pacific market is poised to grow at a CAGR of 5.3% during (2019 - 2025).
Structural Insights: https://www.kbvresearch.com/video-editing-software-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Autodesk, Inc., Adobe, Inc., CyberLink Corporation, Corel Corporation, Apple, Inc., Avid Technology, Inc., TechSmith Corporation, Magix Software GmbH, ArcSoft, Inc., Wondershare technology Group Co., Ltd.
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