Scope of the Study
The global photo editing software market is expected to witness significant growth during the forecast period, according to the AMA study. This is owing to the growing demand for high-quality images for different end uses or applications such as digital marketing and increasing demand from the modelling industry for high-quality digital images globally.
The market study is being classified, by Application (Raw Editing, Advanced Light, Layered Editing and Others) and major geographies with country level break-up.
Adobe (United States), GIMP (Sweden), Corel Corporation (Canada), ACD Systems International Inc. (Canada), Skylum (United States), Capture One (Denmark), Pixlr (United States), Anthropics (United Kingdom), Everimaging Limited (China), DXO (France), Serif (Europe) Ltd. (United Kingdom), CyberLink Corp. (Taiwan) and Phase One (Denmark) are some of the key players profiled in the study.
The vendors in this market are majorly focusing on developing new software solutions and upgrading existing software suite products by releasing new upgrades for different users. For instance, Adobe released continuous upgrades during the past few months such as the release of Photoshop Version 1.0 for iPad users in November 2019, Photoshop Version 1.1 for iPAD users in December 2019, and Photoshop version 1.2 in February 2020. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Photography Software market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Photography Software market by Type, Application and Region.
On the basis of geography, the market of Photography Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Demand for High-Quality Images for Different Applications
- Increasing Demand from Digital Marketing Operations
- Growing Demand from the Modelling Industry
- Rising Adoption of Augmented Reality in Photo Editing Software
- Availability of Free Photo Editing Software Suites
- Growing Multimedia & Entertainment Industry
- Growing Worldwide Smartphone Penetration Compiled with High-Quality Cameras will Boost the Demand for Photo Editing Applications During the Forecast Period
- High Cost of Software Leading to Adoption of Free Software Suites
Market Leaders and their expansionary development strategies
In July 2019, KKR, a global leading investment firm announced that it has acquired Corel Corporation from Vector Capital, a leading technology-based private equity firm
In February 2020, Adobe announced the launch of a new version of photoshop application for iPad users i.e. Version 1.2 which includes more advanced features such as more Type & Texting settings which is now comprised of tracking, baseline shift, vertical scale, and horizontal scale which can also be worked on different formatting options such as all caps, small caps, superscript, subscript, underline, and strikethrough.
Key Target AudiencePhotography Software Developers, New Entrants/Investors, Analysts and Strategic Business Planners and Providers, Venture Capitalists and Private Equity Firms and Government Regulatory and Research Organizations
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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