A software package that handles post-production editing of the digital video series on a desktop non-linear editing system (NLE) is characterized as video editing software. It has successfully been able to replace the customary flatbed celluloid video editing tools as well as analogue video tape-to-tape virtual editing mechanisms.
The video editing software market size across the globe is anticipated to register at a healthy CAGR of xx% over the period 2018-2025. Some of the key factors pushing the enterprises to go for the video editing software are emergent digital TV markets, growing film industry and the increasing use of internet plus reducing prices of smart phones as well as sophisticated cameras in past 5 years.
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Additionally, integration of high quality cameras in smart phones is another factor that has influenced the demand for video editing software in the market. Furthermore, mounting interest amongst users to improve their videos & media before publishing it on social media podia has further enhanced the market worldwide. Moreover, the investments in this market has witnessed a tremendous growth and is anticipated to uphold progressive growth trajectory coming years.
Geographically, key regions operational in video editing software market across the globe include Europe (France, UK, Germany, Russia & Italy), Asia-Pacific (Japan, Korea, China, India & Southeast Asia), North America (Canada, USA & Mexico), Latin America (Brazil, Columbia, Argentina, etc.) and Middle East & Africa (UAE, Egypt, Saudi Arabia, Nigeria & South Africa).
But, among these America has held the highest stake of the global video editing software market in past year, accounting for a market share of approximately at xx%. The video editing software market share occupied by this region is anticipated to increase by over 1% over the forecast period. Moreover, a large number of smart phone users plus rapid penetration of social media as well as rising awareness about professional tools among the non-professional are the major reasons responsible for the consumption of video editing software in Asia-Pacific region.
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Furthermore, over-all the video editing software market is further segmented by different types, application and demography. Further, type segment has been sub-divided to linear video editing, on-linear video editing, online editing, offline editing and vision mixing. Similarly, application segment has been sub-segmented to personal, commercial and others. Also, demographic segmentation of the market includes Europe, APAC, Latin America, Middle East & Africa and North America as the major key regions involved in the video editing software industry.
Furthermore, global video editing software industry major participants include MAGIX, CyberLink, Adobe, Corel, Apple, Avid, Sony, FXHOME, Nero, TechSmith Corp among others.
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