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Global Audio & Video Editing Software Market 2018-2022 - ResearchAndMarkets.com

[June 19, 2018]

Global Audio & Video Editing Software Market 2018-2022 - ResearchAndMarkets.com

The "Global Audio and Video Editing Software Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The Global audio and video editing software market is forecast to grow at a CAGR of 10.35% during the period 2018-2022.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

The increasing unit sales of mobile devices will be a key trend for the market growth. The volume of mobile sales is increasing yearly owing to the improved network connectivity and increasing disposable income of population. This persuades the vendors to provide video and audio editing software for tablets and smartphones. This is driven by the increased processing power of mobile devices.

According to the report, the reduced prie of editing software will drive the market growth. With the presence of free open-source editing software for personal and commercial projects, prominent vendors are offering their products at reduced prices. This improves the affordability of the software for smaller companies, production houses, and individuals, and increase the profit margins of vendors.

Further, the report states that the high piracy of editing software will impact the market growth. Individuals and SMEs in the market access pirated software, that is prone to glitches and may contain counterfeit software packages. Vendors may face loss due to distribution of pirated software as negative effect of software may damage the brand name and provide incomplete animation experience.

Key Vendors