At 6.8% CAGR, Imaging Software Market Will Reach USD – GlobeNewswire | Salisbury Pipes

Dallas, Texas, Sept. 13, 2022 (GLOBE NEWSWIRE) — The Global Image editing software market is projected to reach nearly $1,367.7 million by 2029, with an annualized growth rate of 6.8% over the forecast period 2022-2029.

The increasing importance of computer-based photo editing tools, increasing competition and growing demand for the use of photo editing software among professionals and amateur photographers are driving the global photo editing software market. Increased investment in the use of social media and imaging platforms is driving the global imaging software market. As AI-based photo editing tools become better at correcting blemishes and removing unwanted flaws, the adoption of AI-based photo editing tools is likely to increase.

The global imaging software market is categorized into basic features, prosumer level and professional level based on the type. Among these, the professional imaging software segment has had the greatest demand and market turnover. The key factors such as easy cross-platform customization and the possibility to use a large number of tools are some of the most important advantages that a professional photo editing software offers.

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metrics details
length of study 2019-2029
Market size in 2029 1,367.7 million
section covered by type, by platform, by end user, BY region,
by covered type Entry level, Prosumer level, Pro level
covered by platform macOS, windows, android, ios
covered by end users individual, commercial, other
Regions Covered North America, Europe, Asia Pacific, Middle East and Africa & South America
Key players in profile Adobe Systems Software Ltd., Serif Ltd., Corel Corporation, CyberLink Corporation, DXO Optics, GENVICT.

The global imaging software market is segmented into E-Commerce Industry, Photo Studio, Print & Media Agency, Marketing & Advertising Agency by end-user. Among these, the e-commerce segment held the dominant revenue share in the global imaging software market as of 2021.

Globally, the Asia Pacific market is expected to witness profitable growth in the coming years in the imaging software market. In the years to come, due to increasing attention spending, increasing awareness coupled with the benefits of image editing for businesses. Increasing upgrades from existing systems to the latest systems are key factors increasing APAC’s share of the global imaging software market.

Here are the most innovative and modern trends in the image editing software market:

  • Some technologies like smart mobile devices, facial recognition, artificial intelligence, social media and virtual reality have really transformed traditional photo editing. Today, the application of AI in image editing used in home appliances, social media, and writing is huge. AI in photo editing has taken over repetitive and intensive work that takes more time manually. Complex image processing tasks are quickly completed. It has reduced the workload of photo editing and more.
  • Recently, Google Research and the University of California Berkeley conducted a study on AI-based image editing software. The study showed how AI can remove unwanted shadows from an image.

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Important points from the table of contents:
1 Introduction
2. Research methodology
3. Market Outlook
4. Imaging Software Market, by Type, 2019-2029 (Million USD)
5. Imaging Software Market, by Platform, 2019-2029 (Million USD)
6. Imaging Software Market by End-User, 2019-2029 (Million USD)
7. Imaging Software Market by Regions, 2019-2029 (Million USD)
8. Competitive Landscape
9. Company Profile
10. Appendix

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Adroit Market Research is a global business analytics and consulting firm founded in 2018. Our audience is a broad spectrum of companies, manufacturing companies, product/technology development institutions and industry associations that need an understanding of the size of a market, key trends, participants and the future outlook of an industry. We intend to become our clients’ knowledge partner, providing them with valuable market insights to help them create opportunities that increase their revenue. We follow a code – discover, learn and transform. At our core, we’re curious people who love to spot and understand industry patterns, create an insightful study of our insights, and non-stop money-making roadmaps.

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