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North America Video Editing Software Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Type (On-Premises and Cloud-Based), and Application (Commercial and Personal)

Code: TIPRE00016341 | Pages: 118 | Industry: Technology, Media and Telecommunications | Date: Nov 2020
Covid

Market Introduction

Despite several advancement in broadcast and media sector resulting in more improved vide quality through integration of improver rendering competencies, animation, AR/VR, recording, and several other have revolutionized the conventional approaches to video content creation. Among these, the video editing based application now utilize the powerful capabilities of advanced as well as sophisticated tools in video editing software. As a result, the market comprises broad range of software packages for video editing application for both commercial as well as personal usage. The product offered by several prominent market players feature powerful rendering tools, flexible tools, customized add-on, and plug-ins among various other features. Hence, the market is poised to provide several numerous profitable business opportunities for the market players during the coming years. Also, Growing craze of online video content at various social media platforms is expected to create a significant demand for video editing software in the coming years, which is further anticipated to drive the North America video editing software market.

Furthermore, COVID-19 is having a very devastating impact over the North America region. Presently, the US is the world’s worst-affected country due to the COVID-19 outbreak. North America is one of the most important regions for the adoption and growth of new technologies owing to favorable government policies to boost innovation, the presence of a huge industrial base, and high purchasing power, especially in developed countries such as the US and Canada. Hence, any impact on the growth of industries is expected to affect the economic growth of the region in a negative manner. The US is a prominent market for video editing, especially in the commercial sector. The huge increase in the number of confirmed cases and falling GDP in the country has affected these industries. The companies and business shutdowns across the US, Canada, and Mexico are impacting the adoption of the video editing software market. The swift decline in revenue owing to virtual non-existent demand from media and production houses has limited their spending on procurement of additional technologies altogether across the North America region. North America region is home to a large number of technology companies, and thus the impact of coronavirus outbreak is anticipated to be quite severe in the year 2020 and likely in 2021. However, the impact of COVID-19 is short-term and is likely to decrease by 2022.

Market Overview and Dynamics

The video editing software market in North America is expected to grow from US$ 635.58 million in 2019 to US$ 923.41 million by 2027; it is estimated to grow at a CAGR of 4.9% from 2020 to 2027. The recent advancement in technological capabilities of hardware and video recorders have facilitated the exponential growth of the virtual realities, mixed realities and augmented realities based videos rise in the past few years. Furthermore, the popularity of 360-degree videos also have gained popularity among various leading end-user customers thus witnessing the demand for such video content. As a result, several leading video editing software have explored or integrated specialized tools and features for editing AR/VR or 360-degree based video content editing into their existing software solutions.  Presently, the AR/VA based video content are limited to selected professional end-user base however, it is expected to gain major traction and subsequently poised to provide several lucrative sustainable business opportunities for the market players during the coming forecast period. These developments are further anticipated to bolster the growth of the North America video editing software market.

Key Market Segments

In terms of type, the on-premises segment accounted for the largest share of the North America video editing software market in 2019. In terms of application, the commercial segment held a larger market share of the North America video editing software market in 2019.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the video editing software market in North America are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Adobe Inc.; Animoto Inc.; Apple Inc.; Autodesk Inc.; Avid Technology, Inc.; Corel Corporation; CyberLink Corp.; InShot Inc.’ Kapwing Inc.; KineMaster Corporation; NCH SOFTWARE; Placeit (Envato Pty Ltd.); Vimeo, Inc.; Wondershare Technology Co., Ltd.

Reasons to buy report

  • To understand the North America video editing software market landscape and identify market segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for North America video editing software market
  • Efficiently plan M&A and partnership deals in North America video editing software market by identifying market segments with the most promising probable sales
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form North America video editing software market
  • Obtain market revenue forecast for market by various segments from 2020-2027 in North America region.


North America Video Editing Software Market Segmentation

North America Video Editing Software Market - By Type

  • On-Premises
  • Cloud-Based

North America Video Editing Software Market - By Application

  • Commercial
  • Personal

North America Video Editing Software Market - By Country

  • US
  • Canada
  • Mexico

North America Video Editing Software Market - Company Profiles

  • Adobe Inc.
  • Animoto Inc.
  • Apple Inc.
  • Autodesk Inc.
  • Avid Technology, Inc.
  • Corel Corporation
  • CyberLink Corp.
  • InShot Inc.
  • Kapwing Inc.
  • KineMaster Corporation
  • NCH SOFTWARE
  • Placeit (Envato Pty Ltd.)
  • Vimeo, Inc.
  • 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

2.           Key Takeaways

3.           Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           North America Video Editing Software Market Landscape

4.1         Market Overview

4.2         North America PEST Analysis

4.3         Ecosystem Analysis

4.4         Expert Opinion

5.           North America Video Editing Software Market –  Key Market Dynamics

5.1         Market Drivers

5.1.1        Growing craze of online video content at various social media platforms raising demand

5.1.2        Handy features of video editing software and practical importance

5.2         Market Restraints

5.2.1        Abundant availability of free video editing Software

5.3         Market Opportunities

5.3.1        Demand of AR and VR based video content to increase the use from commercial aspect

5.4         Future Trends

5.4.1        Significantly improved technology and other advancements in video editing software market

5.5         Impact Analysis of Drivers and Restraints

6.           Video Editing Software Market–North America Analysis

6.1         North America Video Editing Software Market Overview

6.2         North America Video Editing Software Market – Revenue, and Forecast to 2027 (US$ Million)

6.3         Market Positioning –Market Players Ranking

7.           North America Video Editing Software Market Analysis – By Type

7.1         Overview

7.2         North America Video Editing Software Market, By Type (2019 and 2027)

7.3         On-premise

7.3.1        Overview

7.3.2        On-premise: Video Editing Software Market – Revenue, and Forecast to 2027 (US$ Million)

7.4         Cloud

7.4.1        Overview

7.4.2        Cloud: Video Editing Software Market – Revenue, and Forecast to 2027 (US$ Million)

8.           North America Video Editing Software Market Analysis – By Application

8.1         Overview

8.2         North America Video Editing Software Market, By Application (2019 and 2027)

8.3         Commercial

8.3.1        Overview

8.3.2        Commercial: Video Editing Software Market – Revenue, and Forecast to 2027 (US$ Million)

8.4         Personal

8.4.1        Overview

8.4.2        Personal: Video Editing Software Market – Revenue, and Forecast to 2027 (US$ Million)

9.           North America Video Editing Software Market –Country Analysis

9.1         Overview

9.1.1        North America: Video Editing Software Market, by Key Country

9.1.1.1          US: Video Editing Software Market – Revenue, and Forecast to 2027 (US$ Million)

9.1.1.1.1          US: Video Editing Software Market, by Type

9.1.1.1.2          US: Video Editing Software Market, by Application

9.1.1.2          Canada: Video Editing Software Market – Revenue, and Forecast to 2027 (US$ Million)

9.1.1.2.1          Canada: Video Editing Software Market, by Type

9.1.1.2.2          Canada: Video Editing Software Market, by Application

9.1.1.3          Mexico: Video Editing Software Market – Revenue, and Forecast to 2027 (US$ Million)

9.1.1.3.1          Mexico: Video Editing Software Market, by Type

9.1.1.3.2          Mexico: Video Editing Software Market, by Application

10.        North America Video Editing Software Market- COVID-19 Impact Analysis

10.1      Overview

11.        Industry Landscape

11.1      Overview

11.2      Market Initiative

11.3      New Product Development

11.4      Merger and Acquisition

12.        Key Company Profiles

12.1      Vimeo, Inc.

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      Wondershare Technology Co., Ltd.

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      Kapwing 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      Animoto Inc.

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      Placeit (Envato Pty Ltd.)

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      KineMaster Corporation

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      Avid Technology, 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      Corel Corporation

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      CyberLink Corp

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   NCH SOFTWARE

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   Adobe Inc.

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   Apple, Inc.

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   Autodesk, Inc.

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   InShot lnc.

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

13.        Appendix

13.1      About The Insight Partners

             13.2      Word Index

LIST OF TABLES

Table 1.             North America Video Editing Software Market – Revenue, and Forecast to 2027 (US$ Million)

Table 2.             US: Video Editing Software Market, by Type –Revenue and Forecast to 2027 (US$ Million)

Table 3.             US: Video Editing Software Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 4.             Canada: Video Editing Software Market, by Type –Revenue and Forecast to 2027 (US$ Million)

Table 5.             Canada: Video Editing Software Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 6.             Mexico: Video Editing Software Market, by Type –Revenue and Forecast to 2027 (US$ Million)

Table 7.             Mexico: Video Editing Software Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 8.               List of Abbreviation

LIST OF FIGURES

Figure 1.           North America Video Editing Software Market Segmentation

Figure 2.           North America Video Editing Software Market Segmentation – By Country

Figure 3.           North America Video Editing Software Market Overview

Figure 4.           North America Video Editing Software Market Outlook

Figure 5.           North America Video Editing Software Market – Key Market Players

Figure 6.           North America Video Editing Software Market – Type Analysis

Figure 7.           North America Video Editing Software Market – Application Analysis

Figure 8.           North America Video Editing Software Market –Country Analysis

Figure 9.           North America: PEST Analysis

Figure 10.        North America Video Editing Software Market – Ecosystem Analysis

Figure 11.        Expert Opinion

Figure 12.        North America Video Editing Software Market Impact Analysis of Drivers And Restraints

Figure 13.        North America: Video Editing Software Market – Revenue and Forecast to 2027 (US$ Million)

Figure 14.        North America Video Editing Software Market Revenue Share, by Type (2019 and 2027)

Figure 15.        North America On-premise: Video Editing Software Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 16.        North America Cloud: Video Editing Software Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 17.        North America Video Editing Software Market Revenue Share, by Application (2019 and 2027)

Figure 18.        North America Commercial: Video Editing Software Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 19.        North America Personal: Video Editing Software Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 20.        North America: Video Editing Software Market Revenue Share, by Key Country (2019 and 2027)

Figure 21.        US: Video Editing Software Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 22.        Canada: Video Editing Software Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 23.        Mexico: Video Editing Software Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 24.          Impact of COVID-19 Pandemic in North American Country Markets

The List of Companies - North America Video Editing Software Market

  1. Adobe Inc.
  2. Animoto Inc.
  3. Apple Inc.
  4. Autodesk Inc.
  5. Avid Technology, Inc.
  6. Corel Corporation
  7. CyberLink Corp.
  8. InShot Inc.
  9. Kapwing Inc.
  10. KineMaster Corporation
  11. NCH SOFTWARE
  12. Placeit (Envato Pty Ltd.)
  13. Vimeo, Inc.
  14. Wondershare Technology Co., Ltd.
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America 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 North America 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 North America market trends and outlook coupled with the factors driving the 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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