Global Photo Editing Software Market 2017-2021
About Photo Editing Software
Photo editing involves erasing, filtering, and changing the saturation, exposure, and brightness of original digital photographs, photographs on films, and prints. The report only considers photo editing software for digital images. The increased use of photo content in social media has propelled the demand for photo editing software. Online photo editing software is increasingly becoming a popular solution for editing photos.Technavio’s analysts forecast the global photo editing software market to grow at a CAGR of 6.35% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global photo editing software market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of photo editing software.The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Photo Editing Software Market 2017-2021
Technavio recognizes the following companies as the key players in the global photo editing software market: Adobe Systems, Corel, ACD Systems, and CyberLink.
Other Prominent Vendors in the market are: Apple, DxO Labs, Alphabet (Google), Macphun, ON1, Phase One, Polarr, and Serif Europe.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is rising number of face editing software. The growing trend of selfies in social media platforms has increased the demand for face editing software. The number of apps with face editing features, coupled with filters, have increased in the app stores of iOS and Android, two major mobile OS platforms.”
According to the report, one driver in the market is growing demand for photo editing software in APAC. Increased demand for photo editing software in APAC will also act as a major driver for the market. Demand from major countries, such as China, India, and Japan, is expected to propel the growth of the market in APAC. The entertainment industry in these countries has started to invest more in producing visually appealing photos and images for promotional purposes in their advertisements. Younger demographics of these countries have encouraged various industries to create attractive image contents, such as cartoons, for children.
Further, the report states that one challenge in the market is increasing piracy of photo editing software. Pirated software is usually prone to glitches. This leads to a bad experience for users and, on occasion, harms the brand name of the company, which develops the original software. Piracy refers to unauthorized recording and distribution of photo editing software content, and it is increasing nowadays. This affects the sales of proprietary photo editing software vendors. In certain developing countries, excluding Canada and countries in Western Europe, it is extremely difficult to enforce intellectual property rights.
Adobe Systems, Corel, ACD Systems, CyberLink, Apple, DxO Labs, Alphabet (Google), Macphun, ON1, Phase One, Polarr, and Serif Europe.
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