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Europe Audio and Video Editing Software Market Forecast to 2028 - COVID-19 Impact and Regional Analysis - by Component [Software (Audio Editing Software and Video Editing Software) and Services], Deployment (On premise and Cloud), and End User (Personal and Commercial)
Market Report I 2022-11-08 I 167 Pages I The Insight Partners
The audio and video editing software market in Europe is expected to grow from US$ 692.97 million in 2022 to US$ 1,002.87 million by 2028. It is estimated to grow at a CAGR of 6.4% from 2022 to 2028.
Rising Adoption of Visual Effects (VFX) in Entertainment Industry
Technology advancement has boosted visual effects (VFX) in big-budget and independent films. With VFX technology in film and television, video games, and marketing, the industry has revolutionized to a new level. Over the last few decades, visual effects (VFX) have radically changed the media and entertainment industries. VFX was first employed in movies, but the television business has now adopted it to enrich the plot and creative vision and transmit the intended notion to viewers. Many filmmakers seek high-quality movies with engaging visual effects and realistic animations in response to worldwide consumers' demand for engaging high-definition visual experiences. Several studios are currently integrating more animation and VFX shots to meet filmmakers' requirements. In this case, audio and video editing software are essential for depicting the needed scene, which must seem realistic. VFX, like animation, is a broad term that refers to producing visual effects using the camera mapping approach. Still, photos are acquired and processed using various video editing tools, which necessitates audio and video editing software. Furthermore, the VFX method acceptance rate is quickly increasing, creating new professional opportunities for animators and visual effect artists. This gives a lot of impetus to the employment of audio and video editing techniques in the entertainment business, driving the overall growth of the Europe audio and video editing software market.
Market Overview
Germany, UK, France, Italy, Russia, and rest of Europe are the key contributors to the audio and video editing software market in the Europe. The rise in the media and advertising industry is a major factor driving the Europe audio and video editing software market in Europe. The shift from traditional TV advertising to new animated advertising has been underway in Western Europe for several years, fueled by the region's relatively high internet penetration. Digital media continues to transform the European advertising scene. In 2020, based on the report by the European Commission trade, European digital advertising spending reached nearly US$ 82 billion, triple from 2010. This steady increase in advertising investment is more impressive given that the European advertising industry has suffered various setbacks amid the pandemic. Furthermore, music is an important pillar of European culture and perhaps the cultural and creative field with the widest influence. It is an integral part of Europe's cultural diversity. Based on the report by IMPALA, a national association representing over 5000 independent music companies in 30 European countries, Europe accounts for almost a third of all recorded global revenues. Studies claim that Europe's share of the global recorded music market in 2021 was 30.1%, with total revenue of US$ 7.8 billion, an increase of 15.4% compared to the previous year. These musical industry players are one of the major end users of this software as they use music production and other promotional activities. The region also hosts many music festivals and events, propelling the Europe audio and video editing software market.
Europe Audio and Video Editing Software Market Revenue and Forecast to 2028 (US$ Million)
Europe Audio and Video Editing Software Market Segmentation
The Europe audio and video editing software market is segmented into component, deployment, end user, and country.
Based on component, the market is bifurcated into software and services. The software segment registered the larger market share in 2022. The software segment is further sub segmented into audio editing software and video editing software. Based on deployment, the market is bifurcated into on-premise and cloud. The on-premise segment held a larger market share in 2022. Based on end user, the market is bifurcated into personal and commercial. The commercial segment held the larger market share in 2022. Based on country, the market is segmented into Germany, UK, France, Italy, Russia, and rest of Europe. UK dominated the market share in 2022. Adobe; Apple Inc; Avid Technology, Inc; LWKS.COM(LIGHTWORKS); Movavi Software Limited; Steinberg Media Technologies GmnH; Ableton; Animoto Inc; Autodesk Inc; LONGTAIL ad Solution, Inc (JW Player); MAGIX Software GmbH; Native Instuments; Serato; Sony Corporation; Splice.Com; TechSmith Corporation; TRACKLIB; and The Pixel Farm are the leading companies operating in the Europe audio and video editing software market in the region.
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Europe Audio and Video Editing Software Market - By Component
1.3.2 Europe Audio and Video Editing Software Market - By Deployment
1.3.3 Europe Audio and Video Editing Software Market - By End Use
1.3.4 Europe Audio and Video Editing Software Market- By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Audio and Video Editing Software Market Landscape
4.1 Market Overview
4.2 Europe PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Europe Audio and Video Editing Software -Market Dynamics
5.1 Market Drivers
5.1.1 Rising Adoption of Visual Effects (VFX) in Entertainment Industry
5.1.2 Surge in Demand due to Popularity of Online Video Content Across Social Media Platforms
5.1.3 Versatile benefits of Video Editing Software and Functional Requirements
5.2 Market Restraints
5.2.1 Availability of Open-Source Audio and Video Editing Software
5.3 Market Opportunities
5.3.1 Integration of Virtual Reality (VR) Technology
5.4 Future Trends
5.4.1 Rising Demand for Animated Content in Education Sector
5.5 Impact Analysis of Drivers and Restraints
6. Audio and Video Editing Software Market - Europe Analysis
6.1 Europe Audio and Video Editing Software Market Overview
6.2 Europe Audio and Video Editing Software Market - Revenue and Forecast to 2028 (US$ Million)
7. Europe Audio and Video Editing Software Market Revenue and Forecast to 2028 - Component
7.1 Overview
7.2 Europe Audio and Video Editing Software Market, By Component (2021 And 2028)
7.3 Software
7.3.1 Overview
7.3.2 Software: Audio and Video Editing Software Market Revenue and Forecast To 2028 (US$ Million)
7.3.3 Audio Editing Software
7.3.4 Audio Editing Software: Audio and Video Editing Software Market Revenue and Forecast To 2028 (US$ Million)
7.3.5 Video Editing Software
7.3.6 Video Editing Software: Audio and Video Editing Software Market Revenue and Forecast To 2028 (US$ Million)
7.4 Services
7.4.1 Overview
7.4.2 Services: Audio and Video Editing Software Market Revenue and Forecast To 2028 (US$ Million)
8. Europe Audio and Video Editing Software Market Revenue and Forecast to 2028 - Deployment
8.1 Overview
8.2 Europe Audio and Video Editing Software Market, By Deployment (2021 And 2028)
8.3 On Premise
8.3.1 Overview
8.3.2 On Premise: Audio and Video Editing Software Market Revenue and Forecast To 2028 (US$ Million)
8.4 Cloud
8.4.1 Overview
8.4.2 Cloud: Audio and Video Editing Software Market Revenue and Forecast To 2028 (US$ Million)
9. Europe Audio and Video Editing Software Market Revenue and Forecast to 2028 - End User
9.1 Overview
9.2 Europe Audio and Video Editing Software Market, By End User (2021 And 2028)
9.3 Personal
9.3.1 Overview
9.3.2 Personal: Audio and Video Editing Software Market Revenue and Forecast To 2028 (US$ Million)
9.4 Commercial
9.4.1 Overview
9.4.2 Commercial: Audio and Video Editing Software Market Revenue and Forecast To 2028 (US$ Million)
10. Europe Audio and Video Editing Software Market - Country Analysis
10.1 Overview
10.1.1 Europe: Audio and Video Editing Software Market, By Country
10.1.1.1 Germany: Audio and Video Editing Software Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 Germany: Audio and Video Editing Software Market, By Component
10.1.1.1.2 Germany: Audio and Video Editing Software Market, By Software
10.1.1.1.3 Germany: Audio and Video Editing Software Market, By Deployment
10.1.1.1.4 Germany: Audio and Video Editing Software Market, By End-User
10.1.1.2 France: Audio and Video Editing Software Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 France: Audio and Video Editing Software Market, By Component
10.1.1.2.2 France: Audio and Video Editing Software Market, By Software
10.1.1.2.3 France: Audio and Video Editing Software Market, By Deployment
10.1.1.2.4 France: Audio and Video Editing Software Market, By End-User
10.1.1.3 Italy: Audio and Video Editing Software Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Italy: Audio and Video Editing Software Market, By Component
10.1.1.3.2 Italy: Audio and Video Editing Software Market, By Software
10.1.1.3.3 Italy: Audio and Video Editing Software Market, By Deployment
10.1.1.3.4 Italy: Audio and Video Editing Software Market, By End-User
10.1.1.4 UK: Audio and Video Editing Software Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.4.1 UK: Audio and Video Editing Software Market, By Component
10.1.1.4.2 UK: Audio and Video Editing Software Market, By Software
10.1.1.4.3 UK: Audio and Video Editing Software Market, By Deployment
10.1.1.4.4 UK: Audio and Video Editing Software Market, By End-User
10.1.1.5 Russia: Audio and Video Editing Software Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.5.1 Russia: Audio and Video Editing Software Market, By Component
10.1.1.5.2 Russia: Audio and Video Editing Software Market, By Software
10.1.1.5.3 Russia: Audio and Video Editing Software Market, By Deployment
10.1.1.5.4 Russia: Audio and Video Editing Software Market, By End-User
10.1.1.6 Rest of Europe: Audio and Video Editing Software Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.6.1 Rest of Europe: Audio and Video Editing Software Market, By Component
10.1.1.6.2 Rest of Europe: Audio and Video Editing Software Market, By Software
10.1.1.6.3 Rest of Europe: Audio and Video Editing Software Market, By Deployment
10.1.1.6.4 Rest of Europe: Audio and Video Editing Software Market, By End-User
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
11.4 Merger and Acquisition
12. Company Profiles
12.1 Adobe
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Apple Inc.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Avid Technology, Inc.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 LWKS.COM (LIGHTWORKS)
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Movavi Software Limited
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Steinberg Media Technologies GmbH
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 ABLETON
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Animoto Inc.
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Autodesk Inc.
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 LONGTAIL AD SOLUTIONS, INC (JW PLAYER)
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
12.11 MAGIX SOFTWARE GmbH
12.11.1 Key Facts
12.11.2 Business Description
12.11.3 Products and Services
12.11.4 Financial Overview
12.11.5 SWOT Analysis
12.11.6 Key Developments
12.12 NATIVE INSTRUMENTS
12.12.1 Key Facts
12.12.2 Business Description
12.12.3 Products and Services
12.12.4 Financial Overview
12.12.5 SWOT Analysis
12.12.6 Key Developments
12.13 SERATO
12.13.1 Key Facts
12.13.2 Business Description
12.13.3 Products and Services
12.13.4 Financial Overview
12.13.5 SWOT Analysis
12.13.6 Key Developments
12.14 Sony Corporation
12.14.1 Key Facts
12.14.2 Business Description
12.14.3 Products and Services
12.14.4 Financial Overview
12.14.5 SWOT Analysis
12.14.6 Key Developments
12.15 SPLICE.COM
12.15.1 Key Facts
12.15.2 Business Description
12.15.3 Products and Services
12.15.4 Financial Overview
12.15.5 SWOT Analysis
12.15.6 Key Developments
12.16 TECHSMITH CORPORATION
12.16.1 Key Facts
12.16.2 Business Description
12.16.3 Products and Services
12.16.4 Financial Overview
12.16.5 SWOT Analysis
12.16.6 Key Developments
12.17 THE PIXEL FARM
12.17.1 Key Facts
12.17.2 Business Description
12.17.3 Products and Services
12.17.4 Financial Overview
12.17.5 SWOT Analysis
12.17.6 Key Developments
12.18 TRACKLIB
12.18.1 Key Facts
12.18.2 Business Description
12.18.3 Products and Services
12.18.4 Financial Overview
12.18.5 SWOT Analysis
12.18.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. Europe Audio and Video Editing Software Market - Revenue and Forecast to 2028 (US$ Million)
Table 2. Germany Audio and Video Editing Software Market, By Component- Revenue and Forecast to 2028 (US$ Million)
Table 3. Germany Audio and Video Editing Software Market, By Software- Revenue and Forecast to 2028 (US$ Million)
Table 4. Germany Audio and Video Editing Software Market, By Deployment- Revenue and Forecast to 2028 (US$ Million)
Table 5. Germany Audio and Video Editing Software Market, By End-User - Revenue and Forecast to 2028 (US$ Million)
Table 6. France Audio and Video Editing Software Market, By Component- Revenue and Forecast to 2028 (US$ Million)
Table 7. France Audio and Video Editing Software Market, By Software- Revenue and Forecast to 2028 (US$ Million)
Table 8. France Audio and Video Editing Software Market, By Deployment- Revenue and Forecast to 2028 (US$ Million)
Table 9. France Audio and Video Editing Software Market, By End-User - Revenue and Forecast to 2028 (US$ Million)
Table 10. Italy Audio and Video Editing Software Market, By Component- Revenue and Forecast to 2028 (US$ Million)
Table 11. Italy Audio and Video Editing Software Market, By Software- Revenue and Forecast to 2028 (US$ Million)
Table 12. Italy Audio and Video Editing Software Market, By Deployment- Revenue and Forecast to 2028 (US$ Million)
Table 13. Italy Audio and Video Editing Software Market, By End-User - Revenue and Forecast to 2028 (US$ Million)
Table 14. UK Audio and Video Editing Software Market, By Component- Revenue and Forecast to 2028 (US$ Million)
Table 15. UK Audio and Video Editing Software Market, By Software- Revenue and Forecast to 2028 (US$ Million)
Table 16. UK Audio and Video Editing Software Market, By Deployment- Revenue and Forecast to 2028 (US$ Million)
Table 17. UK Audio and Video Editing Software Market, By End-User - Revenue and Forecast to 2028 (US$ Million)
Table 18. Russia Audio and Video Editing Software Market, By Component- Revenue and Forecast to 2028 (US$ Million)
Table 19. Russia Audio and Video Editing Software Market, By Software- Revenue and Forecast to 2028 (US$ Million)
Table 20. Russia Audio and Video Editing Software Market, By Deployment - Revenue and Forecast to 2028 (US$ Million)
Table 21. Russia Audio and Video Editing Software Market, By End-User - Revenue and Forecast to 2028 (US$ Million)
Table 22. Rest of Europe Audio and Video Editing Software Market, By Component- Revenue and Forecast to 2028 (US$ Million)
Table 23. Rest of Europe Audio and Video Editing Software Market, By Software- Revenue and Forecast to 2028 (US$ Million)
Table 24. Rest of Europe Audio and Video Editing Software Market, By Deployment- Revenue and Forecast to 2028 (US$ Million)
Table 25. Rest of Europe Audio and Video Editing Software Market, By End-User - Revenue and Forecast to 2028 (US$ Million)
Table 26. List of Abbreviation
LIST OF FIGURES
Figure 1. Europe Audio and Video Editing Software Market Segmentation
Figure 2. Europe Audio and Video Editing Software Market Segmentation - By Country
Figure 3. Europe Audio and Video Editing Software Market Overview
Figure 4. Europe Audio and Video Editing Software Market, By Component
Figure 5. Europe Audio and Video Editing Software Market, By Software
Figure 6. Europe Audio and Video Editing Software Market, By Deployment
Figure 7. Europe Audio and Video Editing Software Market, By End User
Figure 8. Europe Audio and Video Editing Software Market, By Country
Figure 9. Europe: PEST Analysis
Figure 10. Europe Audio and Video Editing Software Market- Ecosystem Analysis
Figure 11. Expert Opinion
Figure 12. Europe Audio and Video Editing Software Market: Impact Analysis of Drivers and Restraints
Figure 13. Europe Audio and Video Editing Software Market - Revenue and Forecast to 2028 (US$ Million)
Figure 14. Europe Audio and Video Editing Software Market, By Component (2021 and 2028)
Figure 15. Europe Software: Audio and Video Editing Software Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. Europe Audio Editing Software: Audio and Video Editing Software Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. Europe Video Editing Software: Audio and Video Editing Software Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. Europe Services: Audio and Video Editing Software Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. Europe Audio and Video Editing Software Market, By Deployment (2021 and 2028)
Figure 20. Europe On Premise: Audio and Video Editing Software Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. Europe Cloud: Audio and Video Editing Software Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. Europe Audio and Video Editing Software Market, By End User (2021 and 2028)
Figure 23. Europe Personal: Audio and Video Editing Software Market Revenue and Forecast to 2028 (US$ Million)
Figure 24. Europe Commercial: Audio and Video Editing Software Market Revenue and Forecast to 2028 (US$ Million)
Figure 25. Europe: Audio and Video Editing Software Market, By Country- Revenue (2021) (US$ Million)
Figure 26. Europe: Audio and Video Editing Software Market Revenue Share, By Country (2021 and 2028)
Figure 27. Germany: Audio and Video Editing Software Market - Revenue and Forecast to 2028 (US$ Million)
Figure 28. France: Audio and Video Editing Software Market - Revenue and Forecast to 2028 (US$ Million)
Figure 29. Italy: Audio and Video Editing Software Market - Revenue and Forecast to 2028 (US$ Million)
Figure 30. UK: Audio and Video Editing Software Market - Revenue and Forecast to 2028 (US$ Million)
Figure 31. Russia: Audio and Video Editing Software Market - Revenue and Forecast to 2028 (US$ Million)
Figure 32. Rest of Europe: Audio and Video Editing Software Market - Revenue and Forecast to 2028 (US$ Million)
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