North America Photo Editing Software Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Type (Entry Level, Prosumer Level, and Professional Level); End User (Individual and Commercial); Platform (macOS, Windows, Android, and iOS); and Country
Market Introduction
The demand and usage of photo editing software among professional as well as amateur photographers has been growing at an impressive pace from past few years. Whether the photos are being taken by smartphones or professional cameras, every photographer needs a software to organize, manage, optimize and edit the digital photos. The camera technology in smartphones and cameras is improving at an unprecedented rate in terms of sensor size, resolution, and features among others. To keep up with these advancements, photo editing software providers are also enhancing their offerings by integrating advanced features such as artificial intelligence (AI) editing, facial recognition, layer editing, and content-aware edits among many others. Adobe Photoshop, Adobe Photoshop Lightroom, CyberLink PhotoDirector, ACDSee Ultimate, Corel PaintShop Pro, and Skylum Luminar are some of the most popular photo editing software in the market today. The availability of innovative photo editing software for a wide variety of operating systems ranging from macOS, windows, android, iOS, and iPadOS in desktops, laptops, smartphones and tablets is fuelling the growth of North America photo editing software market. In terms of COVID-19 outbreak, the US is the world’s worst affected country presently with more than 7.81 million confirmed cases and more than 3,13,000 deaths, as per the recent WHO Situation Report- 184 (22nd July 2020). However, with more and more companies continuing to adopt remote working and increasing consumption/demand for online content/social media, the demand for advanced photo editing tools among end-users has seen an increase in the past few months. The COVID 19 outbreak has a huge positive impact on the growth of some industries such as video conferencing, desktop virtualization, and online media & entertainment streaming. Hence, it is anticipated that COVID-19 crisis will impact the growth in a positive manner.
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Market Overview and Dynamics
The photo editing software market in North America is expected to grow from US$ 263.6 million in 2019 to US$ 430.8 million by 2027; it is estimated to grow at a CAGR of 6.4% from 2020 to 2027. The rising disposable income, increasing population, and growing demand for smart consumer devices are some of the key factors that are driving the growth of North America consumer electronics market. The developing countries across the globe are experiencing a substantial increase in the number of smartphone and digital camera users. This is majorly attributed to the rise in the availability of low-cost smartphones and digital cameras. These products are embedded with high-end technologies, which enable users to use, access, and create high quality content on these devices. Owing to this, the photography industry and photo editing software industry is growing at an impressive pace.
Key Market Segment
In terms of type, the professional level segment accounted for the largest share of the North America photo editing software market in 2019. Numerous types of photo editing software are available for professionals across the market and professionals segment contributed the largest revenue share in the North America photo editing software market. Adobe Photoshop, Photoshop Elements, and Luminar 4 are some of the software developed for professional photographers. This software is integrated with advanced capabilities to fulfill the demand of professional photo editors. In terms of platform, Windows segment accounted for the largest share of the North America photo editing software market in 2019. Further, in terms of end user, commercial segment accounted for the largest share of the North America photo 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 photo 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 ACD Systems International Inc., Adobe, Corel Corporation, CyberLink Corp, Inmagine Group, ON1, and Skylum.
Reasons to buy report
- To understand the North America photo 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 photo editing software market
- Efficiently plan M&A and partnership deals in North America photo 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 photo editing software market
- Obtain market revenue forecast for market by various segments from 2020-2027 in North America.
North America Photo Editing Software Market Segmentation
By Type
By Platform
- macOS
- Windows
- Android
- iOS
By End User
- Individual
- Commercial
By Country
- US
- Canada
- Mexico
Company Profiles
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Photo Editing Software Market – By Type
1.3.2 Photo Editing Software Market – By End User
1.3.3 Photo Editing Software Market – By Platform
1.3.4 Photo Editing Software Market- By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Photo Editing Software Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Photo Editing Software –Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Demand for Consumer Electronics
5.1.2 Growing Advancements in Camera Technologies
5.2 Market Restraints
5.2.1 Pirated Versions of Paid Photo Editing Software
5.3 Market Opportunities
5.3.1 Virtual Reality (VR) Offers Suitable Opportunity for the Market
5.4 Future Trends
5.4.1 Integration of AI for Enhanced Capabilities
5.5 Impact Analysis of Drivers and Restraints
6. Photo Editing Software Market – North America Analysis
6.1 North America Photo Editing Software Market Overview
6.1.1 North America: Photo Editing Software Market – Revenue and Forecast to 2027 (US$ Million)
6.2 Market Positioning – Top Five Players
7. Photo Editing Software Market Analysis– By Type
7.1 Overview
7.2 Photo Editing Software Market Breakdown, by Type, 2019 & 2027
7.3 Entry Level
7.3.1 Overview
7.3.2 Entry Level Market Revenue and Forecast to 2027 (US$ Million)
7.4 Prosumer Level
7.4.1 Overview
7.4.2 Prosumer Level Market Revenue and Forecast to 2027 (US$ Million)
7.5 Professional Level
7.5.1 Overview
7.5.2 Professional Level Market Revenue and Forecast to 2027 (US$ Million)
8. Photo Editing Software Market Analysis – By Platform
8.1 Overview
8.2 Photo Editing Software Market Breakdown, by Platform, 2019 & 2027
8.3 macOS
8.3.1 Overview
8.3.2 macOS Market Revenue and Forecast to 2027 (US$ Million)
8.4 Windows
8.4.1 Overview
8.4.2 Windows Market Revenue and Forecast to 2027 (US$ Million)
8.5 Android
8.5.1 Overview
8.5.2 Android Market Revenue and Forecast to 2027 (US$ Million)
8.6 iOS
8.6.1 Overview
8.6.2 iOS Market Revenue and Forecast to 2027 (US$ Million)
9. Photo Editing Software Market Analysis– By End User
9.1 Overview
9.2 North America Photo Editing Software Market Breakdown, by End User, 2019 & 2027
9.3 Individual
9.3.1 Overview
9.3.2 Individual Market Revenue and Forecast to 2027 (US$ Million)
9.4 Commercial
9.4.1 Overview
9.4.2 Commercial Market Revenue and Forecast to 2027 (US$ Million)
10. Photo Editing Software Market – Country Analysis
10.1 North America: Photo Editing Software Market
10.1.1 North America: Photo Editing Software Market, by Key Country
10.1.1.1 US: Photo Editing Software Market – Revenue and Forecast to 2027 (US$ Million)
10.1.1.1.1 US: Photo Editing Software Market, by Type
10.1.1.1.2 US: Photo Editing Software Market, by Platform
10.1.1.1.3 US: Photo Editing Software Market, by End User
10.1.1.2 Canada: Photo Editing Software Market – Revenue and Forecast to 2027 (US$ Million)
10.1.1.2.1 Canada: Photo Editing Software Market, by Type
10.1.1.2.2 Canada: Photo Editing Software Market, by Platform
10.1.1.2.3 Canada: Photo Editing Software Market, by End User
10.1.1.3 Mexico: Photo Editing Software Market – Revenue and Forecast to 2027 (US$ Million)
10.1.1.3.1 Mexico: Photo Editing Software Market, by Type
10.1.1.3.2 Mexico: Photo Editing Software Market, by Platform
10.1.1.3.3 Mexico: Photo Editing Software Market, by End User
11. Photo Editing Software Market- COVID-19 Impact Analysis
11.1 North America
12. Industry Landscape
12.1 Market Initiative
12.2 New Product Development
13. Company Profiles
13.1 ACD Systems International Inc.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Adobe Inc.
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 CyberLink Corp.
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Corel Corporation
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Inmagine Group
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 ON1
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Skylum
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. Photo Editing Software Market – Revenue and Forecast to 2027 (US$ Million)
Table 2. US: Photo Editing Software Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 3. US: Photo Editing Software Market, by Platform –Revenue and Forecast to 2027 (US$ Million)
Table 4. US: Photo Editing Software Market, by End User –Revenue and Forecast to 2027 (US$ Million)
Table 5. Canada: Photo Editing Software Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 6. Canada: Photo Editing Software Market, by Platform –Revenue and Forecast to 2027 (US$ Million)
Table 7. Canada: Photo Editing Software Market, by End User –Revenue and Forecast to 2027 (US$ Million)
Table 8. Mexico: Photo Editing Software Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 9. Mexico: Photo Editing Software Market, by Platform –Revenue and Forecast to 2027 (US$ Million)
Table 10. Mexico: Photo Editing Software Market, by End User –Revenue and Forecast to 2027 (US$ Million)
Table 11. List of Abbreviation
LIST OF FIGURES
Figure 1. Photo Editing Software Market Segmentation
Figure 2. Photo Editing Software Market Segmentation – By Country
Figure 3. Photo Editing Software Market Overview
Figure 4. Photo Editing Software Market, by Type
Figure 5. Photo Editing Software Market, by Platform
Figure 6. Photo Editing Software Market, by End User
Figure 7. Photo Editing Software Market, by Country
Figure 9. Photo Editing Software Market- Industry Landscape
Figure 10. North America: PEST Analysis
Figure 11. Photo Editing Software Market– Ecosystem Analysis
Figure 12. Expert Opinion
Figure 13. Photo Editing Software Market Impact Analysis of Drivers and Restraints
Figure 14. North America: Photo Editing Software Market – Revenue and Forecast To 2027 (US$ Million)
Figure 15. Photo Editing Software Market Revenue Share, by Type (2019 and 2027)
Figure 16. North America Entry Level Market Revenue and Forecast to 2027(US$ Mn)
Figure 17. North America Prosumer Level Market Revenue and Forecast to 2027 (US$ Mn)
Figure 18. North America Professional Level Market Revenue and Forecast to 2027(US$ Mn)
Figure 19. Photo Editing Software Market Breakdown, by Platform (2019 and 2027)
Figure 20. macOS Market Revenue and Forecast to 2027(US$ Million)
Figure 21. Windows Market Revenue and Forecast to 2027(US$ Million)
Figure 22. North America Android Market Revenue and Forecast to 2027(US$ Mn)
Figure 23. North America iOS Market Revenue and Forecast to 2027(US$ Mn)
Figure 24. North America Photo Editing Software Market Breakdown, by End User, 2019 & 2027 (%)
Figure 25. North America Individual Market Revenue and Forecast to 2027 (US$ Mn)
Figure 26. North America Commercial Market Revenue and Forecast to 2027 (US$ Mn)
Figure 27. Photo Editing Software Market Revenue Share, By Country (2019 and 2027)
Figure 28. US: Photo Editing Software Market – Revenue and Forecast To 2027 (US$ Million)
Figure 29. Canada: Photo Editing Software Market – Revenue and Forecast To 2027 (US$ Million)
Figure 30. Mexico: Photo Editing Software Market – Revenue and Forecast To 2027 (US$ Million)
Figure 31. Impact of COVID-19 Pandemic in North American Country Markets
- ACD Systems International Inc.
- Adobe
- Corel Corporation
- CyberLink Corp
- INMAGINE GROUP
- ON1
- Skylum
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America photo 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 photo 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 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