7Newswire
27 Oct 2021, 00:03 GMT+10
The global video editing software market size is expected to reach USD 3.15 billion in 2028 and register a steady CAGR of 5.6%, according to the latest report by Reports and Data. Key factors such as increasing adoption of Over The Top (OTT) platforms, increasing number of YouTubers and social media influencers, and rising adoption of cloud-based video editing software are driving global market revenue growth.
A video editing software enables the user to modify and edit, video clips and convert file formats, edit clips, frame cropping, color cross dissolving, sound addition, trimming, adjusting colors using various tools. Video editing software helps in the process of post-production and editing new videos in digital format and is one of the fasting growing markets across the globe. These software are widely used by professionals for editing commercials and promotional videos, videos for short films or television programs as well by beginners for personal use. Several video editing programs for available online to help beginners with the basis of video editing. In addition, there has been a sudden increase in the usage of video editing applications by social media handlers, YouTubers, and influencers to enhance the quality of their videos. Rapid growth in the media and entertainment sector, increasing demand for high-speed internet, rising adoption of video on demand, increasing production of video content on social media and OTT platforms, rising collaborations among brands and social media influencers are factors boosting global market growth. However, factors such as increasing incidence of software piracy and availability of various free versions of video editing software and open-source software are expected to hamper growth of the video editing software market going ahead.
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Some key highlights in the report:
The Global Video Editing Software Market is segmented as follows:
Type Outlook (Revenue, USD Billion, 2018 - 2028)
Application Outlook (Revenue, USD Billion, 2018 - 2028)
Regional analysis covers:
In addition to corporate strategy, Video Editing Software market throws light on different properties to curb the progress of fuel or industry. The focus is more on applicable sales strategies to increase the company's productivity to achieve higher economic performance. It also covers research and development activities, online and offline activities, the latest product launches, and some of the competitive expansion adopted by major global companies. Research reports use effective graphical presentation techniques such as tables, charts, graphs, diagrams, and info graphics.
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Key Highlights of the Video Editing Software Market Report:
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Table of Content:
Finally, all aspects of the Video Editing Software market are quantitatively as well qualitatively assessed to study the global as well as regional market comparatively. This market study presents critical information and factual data about the market providing an overall statistical study of this market on the basis of market drivers, limitations and its future prospects.
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