Asia Pacific Audio and Video Editing Software Market Forecast to 2028

Report Code : BMIRE00027343 | Region : Asia Pacific | Industry : Technology, Media and Telecommunications | Published Date : 08/Nov/2022
Asia Pacific 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)

The audio and video editing software market in Asia Pacific is expected to grow from US$ 1,208.56 million in 2022 to US$ 1,819.13 million by 2028. It is estimated to grow at a CAGR of 7.1% from 2022 to 2028.

Rising Demand for Animated Content in Education Sector

The growing need for animated content in education and academia is boosting the market. As a result, the growing use of audio and video editing software in e-learning platforms to enable visual representation for learning is propelling the market. The trend of remote schooling, resulting from the effects of the COVID-19 pandemic, is also increasing the deployment of animations to improve student comprehension, fueling the expansion of video editing software among the education content creation companies. Furthermore, the growing need for low-cost animation raises the demand for whiteboard animation, strengthening market development. The rising usage of 3D animation in professional training contributes to market expansion. Traditionally, animation needed specialized labor-intensive processes that were both time-consuming and expensive; however, today's video editing solutions allow users to create content without substantial knowledge. Teachers are no longer constrained to static pictures; they may easily transform instructional modules into instructive animations using audio and video editing software. As online learning platforms, such as Coursera, edX, and Udemy, become more popular, motion graphic content and animated movies are being used, pushing solid industry expansion. Using animated content in e-learning to accurately teach a topic in applications, such as medical training, catalyzes business growth. Learning and teaching may become faster and more fun with 3D animation. The basic purpose of animated content is to make learning more task-oriented and practical, reducing the time and effort students must engage in it. Thus, the rising demand for animated content in education is expected to drive the demand for audio and video editing software during the forecast period.

Market Overview

China, Japan, India, Australia, South Korea, and rest of Asia Pacific are the key contributors to the audio and video editing software market in the Asia Pacific. There has been an increasing demand for video content across Asia Pacific (APAC). Based on the report by Tubular Lab's 2019 report, APAC is the fastest-growing geographical market for video consumption. Studies claim that YouTube views across the region grew by 45% in the first half of 2019 compared to 2018, while Facebook views experienced a rise of 44%. This growth is due to the penetration of smartphone users in the region. Furthermore, video content budgets in India, South Korea, and Southeast Asia have expected to grow by 21% to US$ 10.4 billion in 2021. According to the Media Partners Asia report, they are expected to grow by 15% to US$ 12 billion by the end of 2022. All markets and all industries are expected to grow, although India and South Korea will drive most of the increase online video will grow the fastest at nearly US$ 700 million, while movies will grow the fastest at almost 140% as new movies hit theatres. Hence, such growth is anticipated to fuel the uptake of new video editing technologies and will further boost the region's the APAC audio and video editing software market in the coming years. Furthermore, video content budgets in India, South Korea, and Southeast Asia have expected to grow by 21% to US$ 10.4 billion in 2021. According to the Media Partners Asia report, they are expected to grow by 15% to US$ 12 billion by the end of 2022. All markets and all industries are expected to grow, although India and South Korea will drive most of the increase. Furthermore, digital games have become a popular form of entertainment in the global market, especially in the East Asian market, presenting unique audio and video animations. As the East Asian game market integrates into regional markets, game science incorporates regional concepts through smart visuals and animation. The rise in the gaming industry is anticipated to create lucrative opportunities for audio and video editing market players during the forecast period

Exhibit: Asia Pacific Audio and Video Editing Software Market Revenue and Forecast to 2028 (US$ Million)

Asia Pacific Audio and Video Editing Software Market Segmentation

The Asia Pacific 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 China, Japan, India, Australia, South Korea, and rest of Asia Pacific. China dominated the market share in 2022.

Adobe; Apple Inc; Avid Technology, Inc; Movavi Software Limited; Steinberg Media Technologies GmbH; Ableton; Animoto Inc; Autodesk Inc; LONGTAIL ad Solution, Inc (JW Player); MAGIX Software GmbH; Native Instruments; Serato; Sony Corporation; Splice.Com; TechSmith Corporation; TRACKLIB; and Wondershare Technology Co., Ltd are the leading companies operating in the audio and video editing software market in the region.

The List of Companies - Asia Pacific Audio and Video Editing Software Market

● Adobe

● Apple Inc.

● Avid Technology, Inc.

● Movavi Software Limited

● Steinberg Media Technologies GmbH.

● Ableton

● Animoto Inc.

● Autodesk Inc.

● LONGTAIL ad Solution, Inc (JW Player)

● MAGIX Software GmbH

● Native Instruments.

● Serato

● Sony Corporation

● Splice.Com.

● TechSmith Corporation

● TRACKLIB

● Wondershare Technology Co., Ltd.

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 APAC Audio and Video Editing Software Market – By Component

1.3.2 APAC Audio and Video Editing Software Market – By Deployment

1.3.3 APAC Audio and Video Editing Software Market – By End Use

1.3.4 APAC 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. APAC Audio and Video Editing Software Market Landscape

4.1 Market Overview

4.2 APAC PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. APAC 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 – APAC Analysis

6.1 APAC Audio and Video Editing Software Market Overview

6.2 APAC Audio and Video Editing Software Market – Revenue and Forecast to 2028 (US$ Million)

7. APAC Audio and Video Editing Software Market Revenue and Forecast to 2028 – Component

7.1 Overview

7.2 APAC 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. APAC Audio and Video Editing Software Market Revenue and Forecast to 2028 – Deployment

8.1 Overview

8.2 APAC 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. APAC Audio and Video Editing Software Market Revenue and Forecast to 2028 – End User

9.1 Overview

9.2 APAC 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. APAC Audio and Video Editing Software Market – Country Analysis

10.1 Overview

10.1.1 APAC: Audio and Video Editing Software Market, By Country

10.1.1.1 China: Audio and Video Editing Software Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.1.1 China: Audio and Video Editing Software Market, By Component

10.1.1.1.2 China: Audio and Video Editing Software Market, By Software

10.1.1.1.3 China: Audio and Video Editing Software Market, By Deployment

10.1.1.1.4 China: Audio and Video Editing Software Market, By End-User

10.1.1.2 India: Audio and Video Editing Software Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.2.1 India: Audio and Video Editing Software Market, By Component

10.1.1.2.2 India: Audio and Video Editing Software Market, By Software

10.1.1.2.3 India: Audio and Video Editing Software Market, By Deployment

10.1.1.2.4 India: Audio and Video Editing Software Market, By End-User

10.1.1.3 Japan: Audio and Video Editing Software Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.3.1 Japan: Audio and Video Editing Software Market, By Component

10.1.1.3.2 Japan: Audio and Video Editing Software Market, By Software

10.1.1.3.3 Japan: Audio and Video Editing Software Market, By Deployment

10.1.1.3.4 Japan: Audio and Video Editing Software Market, By End-User

10.1.1.4 South Korea: Audio and Video Editing Software Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.4.1 South Korea: Audio and Video Editing Software Market, By Component

10.1.1.4.2 South Korea: Audio and Video Editing Software Market, By Software

10.1.1.4.3 South Korea: Audio and Video Editing Software Market, By Deployment

10.1.1.4.4 South Korea: Audio and Video Editing Software Market, By End-User

10.1.1.5 Australia: Audio and Video Editing Software Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.5.1 Australia: Audio and Video Editing Software Market, By Component

10.1.1.5.2 Australia: Audio and Video Editing Software Market, By Software

10.1.1.5.3 Australia: Audio and Video Editing Software Market, By Deployment

10.1.1.5.4 Australia: Audio and Video Editing Software Market, By End-User

10.1.1.6 Rest of APAC: Audio and Video Editing Software Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.6.1 Rest of APAC: Audio and Video Editing Software Market, By Component

10.1.1.6.2 Rest of APAC: Audio and Video Editing Software Market, By Software

10.1.1.6.3 Rest of APAC: Audio and Video Editing Software Market, By Deployment

10.1.1.6.4 Rest of APAC: 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 Movavi Software Limited

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 Steinberg Media Technologies GmbH

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 ABLETON

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 Animoto Inc.

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 Autodesk 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 LONGTAIL AD SOLUTIONS, INC (JW PLAYER)

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 MAGIX SOFTWARE GmbH

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 NATIVE INSTRUMENTS

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 SERATO

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 Sony Corporation

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 SPLICE.COM

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 TECHSMITH CORPORATION

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 TRACKLIB

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 Wondershare Technology Co., Ltd.

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

13. Appendix

13.1 About The Insight Partners

13.2 Word Index

LIST OF TABLES.

Table 1. APAC Audio and Video Editing Software Market – Revenue and Forecast to 2028 (US$ Million)

Table 2. China Audio and Video Editing Software Market, By Component– Revenue and Forecast to 2028 (US$ Million)

Table 3. China Audio and Video Editing Software Market, By Software – Revenue and Forecast to 2028 (US$ Million)

Table 4. China Audio and Video Editing Software Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)

Table 5. China Audio and Video Editing Software Market, By End-User – Revenue and Forecast to 2028 (US$ Million)

Table 6. India Audio and Video Editing Software Market, By Component– Revenue and Forecast to 2028 (US$ Million)

Table 7. India Audio and Video Editing Software Market, By Software– Revenue and Forecast to 2028 (US$ Million)

Table 8. India Audio and Video Editing Software Market, By Deployment– Revenue and Forecast to 2028 (US$ Million)

Table 9. India Audio and Video Editing Software Market, By End-User – Revenue and Forecast to 2028 (US$ Million)

Table 10. Japan Audio and Video Editing Software Market, By Component– Revenue and Forecast to 2028 (US$ Million)

Table 11. Japan Audio and Video Editing Software Market, By Software– Revenue and Forecast to 2028 (US$ Million)

Table 12. Japan Audio and Video Editing Software Market, By Deployment– Revenue and Forecast to 2028 (US$ Million)

Table 13. Japan Audio and Video Editing Software Market, By End-User – Revenue and Forecast to 2028 (US$ Million)

Table 14. South Korea Audio and Video Editing Software Market, By Component– Revenue and Forecast to 2028 (US$ Million)

Table 15. South Korea Audio and Video Editing Software Market, By Software– Revenue and Forecast to 2028 (US$ Million)

Table 16. South Korea Audio and Video Editing Software Market, By Deployment– Revenue and Forecast to 2028 (US$ Million)

Table 17. South Korea Audio and Video Editing Software Market, By End-User – Revenue and Forecast to 2028 (US$ Million)

Table 18. Australia Audio and Video Editing Software Market, By Component– Revenue and Forecast to 2028 (US$ Million)

Table 19. Australia Audio and Video Editing Software Market, By Software– Revenue and Forecast to 2028 (US$ Million)

Table 20. Australia Audio and Video Editing Software Market, By Deployment– Revenue and Forecast to 2028 (US$ Million)

Table 21. Australia Audio and Video Editing Software Market, By End-User – Revenue and Forecast to 2028 (US$ Million)

Table 22. Rest of APAC Audio and Video Editing Software Market, By Component– Revenue and Forecast to 2028 (US$ Million)

Table 23. Rest of APAC Audio and Video Editing Software Market, By Software– Revenue and Forecast to 2028 (US$ Million)

Table 24. Rest of APAC Audio and Video Editing Software Market, By Deployment– Revenue and Forecast to 2028 (US$ Million)

Table 25. Rest of APAC Audio and Video Editing Software Market, By End-User – Revenue and Forecast to 2028 (US$ Million)

Table 26. List of Abbreviation

The List of Companies - Asia Pacific Audio and Video Editing Software Market

● Adobe

● Apple Inc.

● Avid Technology, Inc.

● Movavi Software Limited

● Steinberg Media Technologies GmbH.

● Ableton

● Animoto Inc.

● Autodesk Inc.

● LONGTAIL ad Solution, Inc (JW Player)

● MAGIX Software GmbH

● Native Instruments.

● Serato

● Sony Corporation

● Splice.Com.

● TechSmith Corporation

● TRACKLIB

● Wondershare Technology Co., Ltd.

Reason To Buy

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific audio and video editing software market.

● Highlights key business priorities in order to assist companies to realign their business strategies

● The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific audio and video editing software market, thereby allowing players across the value chain to develop effective long-term strategies

● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

● Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the audio and video editing software market, as well as those hindering it

● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

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