Data Bridge Market Research recently introduced Global Audio and Video Editing Software Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2026. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Abode, Apple Inc., Autodesk Inc, NCH Software, OpenShot Studios, LLC., Movavi Software Limited, MAGIX Software GmbH, Sony Corporation, Renderforest, Meltytech, LLC., etinysoft.com, Ivosight Software Inc., Softdiv Software., Abyss Media Company, Peak Audio Editor, GitHub Inc., BeeCut Ltd., Corel Corporation, Digital Wave Ltd and others.
Global audio and video editing software market is set to witness a healthy CAGR of 12.25% in the forecast period of 2019-2026. The report contains data of the base year 2018 and historic year 2017. Increasing internet speed and rising adoption of software is the factor for the growth of this market.
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Video and audio editing software is software which is usually used to edit video and audio during post-production. Their main function is to remove the unwanted portions or part of the video or audio. There are different paid and free software available in the market for editing. They are widely used in media and entertainment industry. Increasing usage of connected devices worldwide is the factor fuelling the market growth.
- Rising demand for audio and video editing tools among OTT video streaming vendors will propel market
- Increasing number of connected device is the factor driving market
- Growing shift towards cloud-based delivery model will also propel growth
- Growth in the advertisement industry will also accelerate the market growth
- Increasing usage of open-source and free editing software will restrain the market
- Growing use of pirated software will also hinder market
- Increasing compatibility issue will also hinder the market
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- Paid Software
- Free Software
- Professional Users
- Non- Professional Users
- North America
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- South America
- Rest of South America
- Middle East and Africa
- Saudi Arabia
- South Africa
- Rest of Middle East and Africa
Key Developments in the Market:
- In October 2018, Spext announced the launch of their new voice editor which is specially designed to record interview, podcast, webinars and others. This new platform will help the user to edit and change the shared voice audio and will also unlock the voice information among industries. With the launch company want to meet demand for voice content in video and audio content
- In October 2018, Abode announced the launch of their new video editing app Premiere Rush CC which is specially designed for online video creators. It has the capabilities of audition, Premiere Pro and AfterEffects. It also have one-click auto-duck audio mixing feature which has the ability to adjust of the background music
Global audio and video editing software market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of audio and video editing software market for global, Europe, North America, Asia-Pacific and South America.
Few of the major competitors currently working in global audio and video editing software market are Abode, Apple Inc., Autodesk Inc, NCH Software, OpenShot Studios, LLC., Movavi Software Limited, MAGIX Software GmbH, Sony Corporation, Renderforest, Meltytech, LLC., etinysoft.com, Ivosight Software Inc., Softdiv Software., Abyss Media Company, Peak Audio Editor, GitHub Inc., BeeCut Ltd., Corel Corporation, Digital Wave Ltd and others.
Key Insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key market players involved in this industry
- Detailed analysis of the market segmentation
- Competitive analysis of the key players involved
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