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USD 542.87 million Growth in Photo Editing Software Market | Dominant Players Including CD Systems International Inc., Adobe Inc., Afterlight Collective Inc., Alphabet Inc., and Apple Inc. among others | Technavio

NEW YORK, June 24, 2022 /PRNewswire/ -- The "Photo Editing Software Market by End-user and Geography - Forecast and Analysis 2022-2026" report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years.

Technavio has announced its latest market research report titled Photo Editing Software Market by End-user and Geography - Forecast and Analysis 2022-2026

The potential growth difference for the photo editing software market between 2021 and 2026 is USD 542.87 million, as per the latest market analysis report by Technavio. The report also predicts the market to witness an accelerating growth momentum at a CAGR of 9.27% during the forecast period. The increasing smartphone penetration owing to the availability of low-cost smartphones is one of the key factors influencing the market growth positively. However, one of the key challenges to the global photo editing software market growth is the availability of free photo editing software.

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Photo Editing Software Market Segment Highlights

The photo editing software market report is segmented by End-user (Commercial and Personal) and Geography (North America, Europe, APAC, South America, and Middle East and Africa).  

  • The commercial end-user segment held the largest photo edition software market share in 2021. The segment will continue to account for the highest revenue throughout the forecast period. The growth is attributed to the significant increase in the use of social media platforms such as Instagram, Facebook Messenger, WhatsApp, and Snapchat and the growth of the e-commerce and fashion industries. 
  • North America will be the leading region with 37% of the market's growth during the forecast period. The US is the key market for photo editing software in North America. Market growth in this region will be faster than the growth of the market in South America and MEA. The rise in social media advertising, the presence of major fashion houses, growth of the online advertising and e-commerce market, and growth of SMEs in countries such as the US will facilitate the photo editing software market growth in North America over the forecast period.

View sample report for insights into the contribution of all the segments and regional opportunities

Vendor Landscape

  • The photo editing software market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market. 
  • To make the most of the opportunities and recover from post pandemic impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
  • The photo editing software market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Top Companies Mentioned with their Offerings

    • ACD Systems International Inc.: The company offers photo editing software that includes Photo Studio Ultimate 2022, Photo Studio Professional 2022, Photo Studio Home 2022, Photo Studio for Mac 8, Gemstone Photo Editor 12.
    • Adobe Inc.: The company offers photo editing software that includes photoshop and adobe services, photoshop on the iPad, photoshop on the web beta, cloud documents, web, screen, and app design, image and color basics, layers, image repair and restoration, image transformations, drawing and painting.
    • Alphabet Inc.: The company offers photo editing software that includes variety of effects such as webcam capture, open and save to drive, rotate, crop image, flip vertical, flip horizontal, gray scale, brightness, brown, sepia, dawn, pink, negative, blur, emboss, sharpen, Laplacian.
    • Apple Inc.: The company offers photo editing software that includes macOS monetary 12, macOS big sur 11.0, macOS Catalina 10.15, macOS Mojave 10.14.
    • Corel Corp.: The company offers photo editing software that includes CorelDraw graphics suite, CorelDraw standard 2021, CorelDraw essentials 2021, CorelDraw store edition, CorelDraw technical suite edition.

Some other companies covered in the report are: 

    • CyberLink Corp.
    • DxO Labs
    • Inmagine Group
    • Lightricks Ltd.
    • MAGIX Software GmbH
    • ON1
    • PhotoUp Inc.
    • PicsArt Inc.
    • Polarr
    • Samsung Electronics Co. Ltd.
    • Serif (Europe) Ltd.
    • Skylum Software USA Inc.
    • ZONERA Inc.
    • Afterlight Collective Inc.
    • Capture One
  • To gain access to more vendor profiles with their key offerings available with Technavio, Click Here

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Photo Editing Software Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 9.27%

Market growth 2022-2026

$ 542.87 million

Market structure

Fragmented

YoY growth (%)

7.92

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 37%

Key consumer countries

US, China, Japan, UK, and Germany

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

ACD Systems International Inc., Adobe Inc., Afterlight Collective Inc., Alphabet Inc., Apple Inc., Capture One, Corel Corp., CyberLink Corp., DxO Labs, Inmagine Group, Lightricks Ltd., MAGIX Software GmbH, ON1, PhotoUp Inc., PicsArt Inc., Polarr, Samsung Electronics Co. Ltd., Serif Europe Ltd., Skylum Software USA Inc., and ZONERA Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Key Topics Covered:

***1. Executive Summary                         

               **1.1 Market overview 

                              *Exhibit 01:  Executive Summary – Chart on Market Overview

                              *Exhibit 02:  Executive Summary – Data Table on Market Overview

                              *Exhibit 03:  Executive Summary – Chart on Global Market Characteristics

                              *Exhibit 04:  Executive Summary – Chart on Market by Geography

                              *Exhibit 05:  Executive Summary – Chart on Market Segmentation by End-user

                              *Exhibit 06:  Executive Summary – Chart on Incremental Growth

                              *Exhibit 07:  Executive Summary – Data Table on Incremental Growth

                              *Exhibit 08:  Executive Summary – Chart on Vendor Market Positioning

***2. Market Landscape                            

               **2.1 Market ecosystem             

                              *Exhibit 09:  Parent market

                              *Exhibit 10:  Market Characteristics

***3. Market Sizing                      

               **3.1 Market definition

                              *Exhibit 11:  Offerings of vendors included in the market definition

               **3.2     Market segment analysis             

                              *Exhibit 12: Market segments

               **3.3 Market size 2021 

               **3.4 Market outlook: Forecast for 2021-2026   

                              *Exhibit 13:  Chart on Global - Market size and forecast 2021-2026 ($ million)

                              *Exhibit 14:  Data Table on Global - Market size and forecast 2021-2026 ($ million)

                              *Exhibit 15:  Chart on Global Market: Year-over-year growth 2021-2026 (%)

                              *Exhibit 16:  Data Table on Global Market: Year-over-year growth 2021-2026 (%)

***4. Five Forces Analysis                         

               **4.1 Five Forces Summary         

                              *Exhibit 17:  Five forces analysis - Comparison between2021 and 2026

               **4.2 Bargaining power of buyers            

                              *Exhibit 18:  Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

               **4.3 Bargaining power of suppliers        

                              *Exhibit 19:  Bargaining power of suppliers – Impact of key factors in 2021 and 2026

               **4.4 Threat of new entrants     

                              *Exhibit 20:  Threat of new entrants – Impact of key factors in 2021 and 2026

               **4.5 Threat of substitutes          

                              *Exhibit 21:  Threat of substitutes – Impact of key factors in 2021 and 2026

               **4.6 Threat of rivalry   

                              *Exhibit 22:  Threat of rivalry – Impact of key factors in 2021 and 2026

               **4.7 Market condition 

                              *Exhibit 23:  Chart on Market condition - Five forces 2021 and 2026

***5. Market Segmentation by End-user

               **5.1 Market segments

                              *Exhibit 24:  Chart on End-user - Market share 2021-2026 (%)

                              *Exhibit 25:  Data Table on End-user - Market share 2021-2026 (%)

               **5.2 Comparison by End-user   

                              *Exhibit 26:  Chart on Comparison by End-user

                              *Exhibit 27:  Data Table on Comparison by End-user

               **5.3 Commercial - Market size and forecast 2021-2026

                              *Exhibit 28:  Chart on Commercial - Market size and forecast 2021-2026 ($ million)

                              *Exhibit 29:  Data Table on Commercial - Market size and forecast 2021-2026 ($ million)

                              *Exhibit 30:  Chart on Commercial - Year-over-year growth 2021-2026 (%)

                              *Exhibit 31:  Data Table on Commercial - Year-over-year growth 2021-2026 (%)

               **5.4 Personal - Market size and forecast 2021-2026       

                              *Exhibit 32:  Chart on Personal - Market size and forecast 2021-2026 ($ million)

                              *Exhibit 33:  Data Table on Personal - Market size and forecast 2021-2026 ($ million)

                              *Exhibit 34:  Chart on Personal - Year-over-year growth 2021-2026 (%)

                              *Exhibit 35:  Data Table on Personal - Year-over-year growth 2021-2026 (%)

               **5.5 Market opportunity by End-user   

                              *Exhibit 36:  Market opportunity by End-user ($ million)

***6. Customer landscape                        

                              *Technavio's customer landscape matrix comparing Drivers or price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rate and Key purchase criteria

               **6.1 Customer landscape overview       

                              *Exhibit 37:  Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

*** 7.    Geographic Landscape                

               **7.1     Geographic segmentation           

                              *Exhibit 38:  Chart on Market share by geography 2021-2026 (%)

                              *Exhibit 39:  Data Table on Market share by geography 2021-2026 (%)

               **7.2 Geographic comparison    

                              *Exhibit 40:  Chart on Geographic comparison

                              *Exhibit 41:  Data Table on Geographic comparison

               **7.3 North America- Market size and forecast 2021-2026           

                              *Exhibit 42:  Chart on North America- Market size and forecast 2021-2026 ($ million)

                              *Exhibit 43:  Data Table on North America- Market size and forecast 2021-2026 ($ million)

                              *Exhibit 44:  Chart on North America- Year-over-year growth 2021-2026 (%)

                              *Exhibit 45:  Data Table on North America- Year-over-year growth 2021-2026 (%)

               **7.4 Europe- Market size and forecast 2021-2026          

                              *Exhibit 46:  Chart on Europe- Market size and forecast 2021-2026 ($ million)

                              *Exhibit 47:  Data Table on Europe- Market size and forecast 2021-2026 ($ million)

                              *Exhibit 48:  Chart on Europe- Year-over-year growth 2021-2026 (%)

                              *Exhibit 49:  Data Table on Europe- Year-over-year growth 2021-2026 (%)

               **7.5 APAC- Market size and forecast 2021-2026              

                              *Exhibit 50:  Chart on APAC- Market size and forecast 2021-2026 ($ million)

                              *Exhibit 51:  Data Table on APAC- Market size and forecast 2021-2026 ($ million)

                              *Exhibit 52:  Chart on APAC- Year-over-year growth 2021-2026 (%)

                              *Exhibit 53:  Data Table on APAC- Year-over-year growth 2021-2026 (%)

               **7.6 South America - Market size and forecast 2021-2026          

                              *Exhibit 54:  Chart on South America - Market size and forecast 2021-2026 ($ million)

                              *Exhibit 55:  Data Table on South America  - Market size and forecast 2021-2026 ($ million)

                              *Exhibit 56:  Chart on South America  - Year-over-year growth 2021-2026 (%)

                              *Exhibit 57:  Data Table on South America - Year-over-year growth 2021-2026 (%)

               **7.7 Middle East and Africa - Market size and forecast 2021-2026           

                              *Exhibit 58:  Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)

                              *Exhibit 59:  Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)

                              *Exhibit 60:  Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)

                              *Exhibit 61:  Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

               **7.8 US- Market size and forecast 2021-2026    

                              *Exhibit 62:  Chart on US- Market size and forecast 2021-2026 ($ million)

                              *Exhibit 63:  Data Table on US- Market size and forecast 2021-2026 ($ million)

                              *Exhibit 64:  Chart on US- Year-over-year growth 2021-2026 (%)

                              *Exhibit 65:  Data Table on US- Year-over-year growth 2021-2026 (%)

               **7.9 UK- Market size and forecast 2021-2026   

                              *Exhibit 66:  Chart on UK- Market size and forecast 2021-2026 ($ million)

                              *Exhibit 67:  Data Table on UK- Market size and forecast 2021-2026 ($ million)

                              *Exhibit 68:  Chart on UK- Year-over-year growth 2021-2026 (%)

                              *Exhibit 69:  Data Table on UK- Year-over-year growth 2021-2026 (%)

               **7.10 Germany- Market size and forecast 2021-2026    

                              *Exhibit 70:  Chart on Germany- Market size and forecast 2021-2026 ($ million)

                              *Exhibit 71:  Data Table on Germany- Market size and forecast 2021-2026 ($ million)

                              *Exhibit 72:  Chart on Germany- Year-over-year growth 2021-2026 (%)

                              *Exhibit 73:  Data Table on Germany- Year-over-year growth 2021-2026 (%)

               **7.11 China- Market size and forecast 2021-2026           

                              *Exhibit 74:  Chart on China- Market size and forecast 2021-2026 ($ million)

                              *Exhibit 75:  Data Table on China- Market size and forecast 2021-2026 ($ million)

                              *Exhibit 76:  Chart on China- Year-over-year growth 2021-2026 (%)

                              *Exhibit 77:  Data Table on China- Year-over-year growth 2021-2026 (%)

               **7.12 Market opportunity by geography            

                              *Exhibit 78:  Market opportunity by geography ($ million)

***8. Drivers, Challenges, and Trends                  

               **8.1 Market drivers      

                              *8.1.1 Increasing smartphone penetration

                              *8.1.2 Growth in web designing services

                              *8.1.3 Growing investments and partnerships

               **8.2 Market challenges              

                              *8.2.1 Availability of free photo editing software

                              *8.2.2 Increasing piracy of photo editing software

                              *8.2.3 High costs of commercial photo editing software

               **8.3 Impact of drivers and challenges   

                              *Exhibit 79:  Impact of drivers and challenges in 2021 and 2026

               **8.4 Market trends      

                              *8.4.1 Increasing applications of AI in photo editing process

                              *8.4.2 Use of AR in photo editing

                              *8.4.3 Rise in adoption of cloud-based photo editing software

***9. Vendor Landscape                            

               **9.1 Overview

               **9.2 Vendor landscape

                              *Exhibit 80:  Overview on Criticality of inputs and Factors of differentiation

               **9.3 Landscape disruption         

                              *Exhibit 81:  Overview on factors of disruption

               **9.4 Industry risks        

                              *Exhibit 82:  Impact of key risks on business

***10. Vendor Analysis               

               **10.1 Vendors covered              

                              *Exhibit 83:  Vendors covered

               **10.2 Market positioning of vendors    

                              *Exhibit 84:  Matrix on vendor position and classification

               **10.3 ACD Systems International Inc.   

                              *Exhibit 85:  ACD Systems International Inc. - Overview

                              *Exhibit 86:  ACD Systems International Inc. - Product / Service

                              *Exhibit 87:  ACD Systems International Inc. - Key offerings

               **10.4 Adobe Inc.

                              *Exhibit 88:  Adobe Inc. - Overview

                              *Exhibit 89:  Adobe Inc. - Business segments

                              *Exhibit 90:  Adobe Inc. - Key news

                              *Exhibit 91:  Adobe Inc. - Key offerings

                              *Exhibit 92:  Adobe Inc. - Segment focus

               **10.5 Afterlight Collective Inc. 

                              *Exhibit 93:  Afterlight Collective Inc. - Overview

                              *Exhibit 94:  Afterlight Collective Inc. - Product / Service

                              *Exhibit 95:  Afterlight Collective Inc. - Key offerings

               **10.6 Alphabet Inc.      

                              *Exhibit 96:  Alphabet Inc. - Overview

                              *Exhibit 97:  Alphabet Inc. - Business segments

                              *Exhibit 98:  Alphabet Inc. - Key news

                              *Exhibit 99:  Alphabet Inc. - Key offerings

                              *Exhibit 100:  Alphabet Inc. - Segment focus

               **10.7 Apple Inc.

                              *Exhibit 101:  Apple Inc. - Overview

                              *Exhibit 102:  Apple Inc. - Business segments

                              *Exhibit 103:  Apple Inc. - Key news

                              *Exhibit 104:  Apple Inc. - Key offerings

                              *Exhibit 105:  Apple Inc. - Segment focus

               **10.8 Corel Corp.         

                              *Exhibit 106:  Corel Corp. - Overview

                              *Exhibit 107:  Corel Corp. - Product / Service

                              *Exhibit 108:  Corel Corp. - Key offerings

               **10.9 CyberLink Corp. 

                              *Exhibit 109:  CyberLink Corp. - Overview

                              *Exhibit 110:  CyberLink Corp. - Product / Service

                              *Exhibit 111:  CyberLink Corp. - Key offerings

               **10.10 DxO Labs           

                              *Exhibit 112:  DxO Labs - Overview

                              *Exhibit 113:  DxO Labs - Product / Service

                              *Exhibit 114:  DxO Labs - Key offerings

               **10.11 Inmagine Group             

                              *Exhibit 115:  Inmagine Group - Overview

                              *Exhibit 116:  Inmagine Group - Product / Service

                              *Exhibit 117:  Inmagine Group - Key offerings

               **10.12 Lightricks Ltd.                    

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