Video Editing Software Market Analysis Report 2024 to 2031
Video Editing Software Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 2.43 Billion |
Market Size by 2031 | US$ 3.94 Billion |
Global CAGR (2023 - 2031) | 6.2% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Video Editing Software Market News and Recent Developments
Video Editing Software Market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market:
- In November 2023, Meta Platforms launched two new AI-based features for video editing that could be used for posting to Instagram or Facebook. The first is called Emu Video, and it generates four-second-long videos with a prompt of a caption, photo or image, paired with a description. The other is known as Emu Edit which allows users to more easily alter or edit videos with text prompts. (Source: News, 2023)
- In July 2023, Microsoft introduced Microsoft Clipchamp, a natural fit for Microsoft 365 consumers, adding video creation to the suite of productivity tools people use to unlock their creativity. With powerful features in a user-friendly interface accessed through a web browser, Clipchamp makes it easy for anyone to confidently create professional-looking videos with no prior experience.. (Source: Microsoft , Press Release, 2023)
Video Editing Software Market Report Coverage and Deliverables
The “Video Editing Software Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Market dynamics such as drivers, restraints, and key opportunities
- Key future trends
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
- Detailed company profiles