Global Editing Photo Software and Services Market Overview:
Editing photo software and services are used to manipulate or enhance digital images. By using various apps we can edit the photo which includes effects and other features. Photo editing software uses photos that have been taken with a digital camera that is uploaded or imported to the software program. There are different types of editing photo software present in the market with unique quality. In the past few years, the editing photo software and services market has significantly grown.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Increasing applications of AI in photo editing process
Market Growth Drivers:
The growth in web designing service, An increasing number of users in various social media platforms and Increasing smartphone and tablet penetration
Challenges:
High cost of photo editing software
Restraints:
Restricted technical expertise
Opportunities:
Rapidly increasing growth in application software
Competitive Landscape:
Companies in the market are concentrating on photo editing software and services. In North America, the market growth is due to the rise in social media advertising. Various key players are concentrating on photo editing software and services.
Some of the key players profiled in the report are PCMag India (India), PetaPixel (United States), Adobe Systems Software Ltd. (Irland), Serif Ltd. (United Kingdom), Corel Corporation (Canada), DXO Optics (Europe), ACD Systems International, Inc. (Canada), ON1, Inc. (United States) and Macphun (California). Additionally, following companies can also be profiled that are part of our coverage like Cyberlink Corporation (Taiwan) and Magix (Germany). Analyst at AMA Research see United States Players to retain maximum share of Global Editing Photo Software and Services market by 2030. Considering Market by Application Type , the sub-segment i.e. Instagram will boost the Editing Photo Software and Services market. Considering Market by Techniques , the sub-segment i.e. Colour Balance will boost the Editing Photo Software and Services market. Considering Market by Software , the sub-segment i.e. Built-in Software will boost the Editing Photo Software and Services market. Considering Market by End-User, the sub-segment i.e. Mobile Device will boost the Editing Photo Software and Services market.
Latest Market Insights:
On November 10, 2023, Skylum, the developer of the popular Luminar AI photo editing software, announced a partnership with Microsoft. The partnership will bring Luminar AI to Microsoft's Surface Laptop Studio, giving users access to powerful photo editing tools directly on their devices.
23 July, 2021: Adobe System Software Ltd. launched the Adobe Analytics platform/program for education. This platform is free and gets access to the course curriculum with hands-on activities. By using this platform Students will learn how to use data to drive business decisions and gain skills for careers in marketing and product management.
What Can be Explored with the Editing Photo Software and Services Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Editing Photo Software and Services Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Editing Photo Software and Services
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Editing Photo Software and Services market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Editing Photo Software and Services market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Social Media Advertising, Media Centre and Online Application Software.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.