Photo editing software market: 36% of growth comes from North America | Industry Analysis, Market Size, Share, Trends, Segmentation Analysis, Growth and Forecast 2020

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Regional analysis and forecasts
The market is segmented by geography into the following regions: North America, EuropeACPA, South Americaand MEA.

36% of market growth will come from North America during the forecast period. The United States is the key market for photo editing software in North America. Market growth in this region will be faster than market growth in South America and MEA regions.

The rise of social media advertising, the presence of major fashion houses and the growth of the online advertising market will facilitate the growth of the photo editing software market in North America over the forecast period.

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Company Profiles
The Photo Editing Software Market report offers insights into several vendors in the market including ACD Systems International Inc., Adobe Inc., Alphabet Inc., Apple Inc., Corel Corp., CyberLink Corp., DxO Labs, Inmagine Group, Lightricks Ltd., and Samsung Electronics Co. Ltd., among others. Moreover, the market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

  • ACD Systems International Inc.- The company offers ACDSee Photo Editor 10. The product is used to edit original photos and enhance photos with pixel-based editing tools, precision targeting, filters and adjustments, and drawing elements.
  • Corel Corp.- The company offers PaintShop Pro 2021 Ultimate. It is an all-in-one photo editing and design software with advanced photo editing and graphic design tools from Corel.
  • DxO Labs – The company offers DxO PhotoLab 4. It is a raw processing and image editing program that specializes in high-quality lens corrections and advanced RAW processing.

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Market dynamics
Growing penetration of smartphones coupled with increase in applications of AI in photo editing process is notably driving the growth of photo editing software market, although factors such as availability of free photo editing software may hamper market growth.

Competitive analysis
The report includes Competitive Analysis, a proprietary tool to analyze and evaluate the position of companies based on their industry position score and market performance score. The tool uses various factors to classify players into four categories. Some of these factors considered for analysis are financial performance over the past 3 years, growth strategies, innovation score, new product launches, investments, market share growth, etc

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Market segmentation

  • By the end user (commercial and personal). The Photo Editing Software market vendors are expected to focus on capturing the business opportunities from the business segment, as it accounted for the largest market share during the reference year.
  • By geography (North America, EuropeACPA, South Americaand MEA). North America will record the highest growth rate among other regions. Therefore, the photo editing software market in North America is expected to generate significant business opportunities for vendors over the forecast period.

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Scope of the photo editing software market

Report cover

Details

Page number

120

Year of reference

2019

Forecast period

2020-2024

Growth momentum and CAGR

Accelerate at 8% CAGR

Market Growth 2020-2024

$394.39 million

Market structure

Fragmented

Annual growth (%)

4.40

Regional analysis

North America, Europe, APAC, South America and MEA

Successful market contribution

North America at 36%

Main consumer countries

US, UK, China, Germany and Japan

Competitive landscape

Leading companies, competitive strategies, scope of consumer engagement

Profiled companies

ACD Systems International Inc., Adobe Inc., Alphabet Inc., Apple Inc., Corel Corp., CyberLink Corp., DxO Labs, Inmagine Group, Lightricks Ltd. and Samsung Electronics Co. Ltd.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, COVID 19 Impact and Future Consumer Dynamics, Market Condition Analysis for the Forecast Period,

Customization overview

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

Contents

Abstract

Market landscape

  • Market ecosystem
  • Market characteristics
  • Value chain analysis

Market sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market Outlook: Forecast for 2019 – 2024

Five forces analysis

  • Summary of the five forces
  • The bargaining power of buyers
  • Bargaining power of suppliers
  • The threat of new entrants
  • The threat of substitutes
  • Threat of rivalry
  • Market state

Market segmentation by end user

  • Market segments
  • Comparison by end user
  • Commercial – Market size and forecast 2019-2024
  • Personal – Market size and forecast 2019-2024
  • Market opportunity by end user

Customer landscape

Geographic landscape

  • 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
  • MEA – Market size and forecast 2019-2024
  • Main leading countries
  • Market Opportunity by Geography
  • Market factors
  • Market challenges
  • Market trends

Supplier Landscape

  • Supplier Landscape
  • Landscape disturbance
  • Competitive scenario

Vendor analysis

  • Suppliers Covered
  • Positioning on the supplier market
  • ACD Systems International Inc.
  • Adobe Inc.
  • Alphabet Inc.
  • Apple Inc.
  • Corel Corp.
  • CyberLink Corp.
  • DxO Laboratories
  • Imagine Group
  • Lightricks Ltd.
  • Samsung Electronics Co.Ltd.

appendix

  • Report scope
  • Currency conversion rates for the US dollar
  • Research methodology
  • Abreviations list

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