Creative Software Global Market Report 2024

Description

Creative software encompasses digital tools crafted to facilitate artistic expression and content creation across diverse mediums such as graphic design, video editing, and music production. These software solutions offer an array of brushes, drawing tools, and artistic effects, enabling users to create illustrations, comics, concept art, and digital paintings. They cater to the needs of illustrators, artists, designers, and other creative professionals.

Key categories of creative software include sound and video recording software, image and video editing software, graphics and illustration software, desktop publishing software, among others. Sound and video recording software are applications engineered to capture audio and video content from various sources. These solutions can be deployed both on the cloud and on-premises, serving various industry verticals such as telecommunications, retail and e-commerce, education, travel and tourism, media and entertainment, and more.

The creative software market research report is one of a series of new reports from The Business Research Company that provides creative software market statistics, including creative software industry global market size, regional shares, competitors with a creative software market share, detailed creative software market segments, market trends and opportunities, and any further data you may need to thrive in the creative software industry. This creative software market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The creative software market size has grown rapidly in recent years. It will grow from $12.67 billion in 2023 to $13.95 billion in 2024 at a compound annual growth rate (CAGR) of 10.1%. The growth observed in the historic period can be attributed to several factors. These include the increasing threat posed by cyberattacks, the growing trend of remote work culture, rising demand for audio and video streaming services, the popularity of digital streaming platforms, and the emergence of cloud-based creative software solutions.

The creative software market size is expected to see rapid growth in the next few years. It will grow to $20.60 billion in 2028 at a compound annual growth rate (CAGR) of 10.2%. The projected growth in the forecast period can be linked to various factors. These include the escalating demand for transcoding methods, heightened interest in on-demand services, a widespread transition toward digitization, increased appetite for creative software, and a rising demand for immersive content experiences. Key trends anticipated during this period encompass the integration of artificial intelligence (AI), the expansion of augmented reality (AR) and virtual reality (VR) capabilities, the proliferation of collaborative tools, the emergence of blockchain in digital rights management, and a focus on personalization and customization.

The swift expansion of the education sector is poised to drive the growth of the creative software market. The education sector encompasses industries and institutions dedicated to providing formal learning, instruction, and training across diverse age groups. This expansion is fueled by the increasing demand for knowledge and skills in an ever-evolving global economy, alongside the growing emphasis on lifelong learning and access to educational resources. Creative software plays an increasingly vital role in the education sector, facilitating enhanced teaching methodologies, fostering student engagement, and enabling interactive learning experiences. For example, in November 2023, the Office for National Statistics reported that the number of pupils attending maintained schools exceeded 10 million in 2022/23, marking a 0.7% increase from the previous year. Additionally, further education (FE) student numbers surged by 4.8% overall across the UK in 2021/22 compared to the prior year, with an additional 136,770 students. Consequently, the rapid expansion of the education sector is propelling the growth of the creative software market.

Key players in the creative software market are directing their efforts towards developing advanced generative AI-based editing solutions. These solutions leverage generative artificial intelligence (AI) algorithms to automate and enhance various aspects of content editing, manipulation, and creation. For instance, in November 2023, TechSmith Corporation unveiled new generative AI features in its audio recording and editing software, Audiate. These AI-powered features empower creators of all proficiency levels to efficiently craft comprehensive audio projects without the need for a writer or voice actor. The software's AI capabilities encompass script generation, voiceover features, and multilingual support, catering to the diverse needs of industries such as video production, marketing, and education.

In March 2024, Canva Inc., an Australia-based graphic design company, acquired Affinity for an undisclosed sum. This strategic acquisition bolsters Canva's position in the professional design software market, enhances its technological capabilities, and supports its international expansion initiatives. Affinity, a UK-based creative software platform, offers a comprehensive suite for professional photo editing, illustration, and graphic design, complementing Canva's existing offerings and extending its reach within the creative software landscape.

Major companies operating in the creative software market are Apple Inc., Alphabet Inc., Microsoft Corporation, Meta Platforms Inc., Adobe Systems Inc., Autodesk Inc., Wondershare Technology Group Co. Ltd., Wacom Co. Ltd., Corel Corporation, MAGIX Software GmbH, TechSmith Corporation, Movavi Software Limited, CyberLink Corp., Avid Technology Inc., Nero AG, Blackmagic Design Pty. Ltd., Quark Software Inc., Artlist UK Limited, Macromedia Inc., Sony Creative Software Inc.

North America was the largest region in the creative software market in 2023. The regions covered in the creative software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the creative software market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The creative software market includes revenues earned by entities by providing services such as video editing, graphic design, web design, and creative services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Creative Software Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on creative software market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
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Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for creative software? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The creative software market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

The market characteristics section of the report defines and explains the market.
The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
The forecasts are made after considering the major factors currently impacting the market. These include:

The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.

The impact of higher inflation in many countries and the resulting spike in interest rates.

The continued but declining impact of COVID-19 on supply chains and consumption patterns.

Market segmentations break down the market into sub markets.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:1) By Type: Sound And Video Recording Software; Image And Video Editing Software; Graphics And Illustration Software; Desktop Publishing Software; Other Types
2) By Deployment: Cloud; On-Premises
3) By Industry Vertical: Telecommunication; Retail And E-Commerce; Education; Travel And Tourism; Media And Entertainment; Other Industry Verticals
Companies Mentioned: Apple Inc.; Alphabet Inc.; Microsoft Corporation; Meta Platforms Inc.; Adobe Systems Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Product Code: r18114

1. Executive Summary

2. Creative Software Market Characteristics

3. Creative Software Market Trends And Strategies

4. Creative Software Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Creative Software Market Size and Growth

5.1. Global Creative Software Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Creative Software Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Creative Software Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Creative Software Market Segmentation

6.1. Global Creative Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Sound And Video Recording Software
Image And Video Editing Software
Graphics And Illustration Software
Desktop Publishing Software
Other Types
6.2. Global Creative Software Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Cloud
On-Premises
6.3. Global Creative Software Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Telecommunication
Retail And E-Commerce
Education
Travel And Tourism
Media And Entertainment
Other Industry Verticals

7. Creative Software Market Regional And Country Analysis

7.1. Global Creative Software Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Creative Software Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Creative Software Market

8.1. Asia-Pacific Creative Software Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Creative Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Creative Software Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Creative Software Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Creative Software Market

9.1. China Creative Software Market Overview
9.2. China Creative Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Creative Software Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Creative Software Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Creative Software Market

10.1. India Creative Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Creative Software Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Creative Software Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Creative Software Market

11.1. Japan Creative Software Market Overview
11.2. Japan Creative Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Creative Software Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Creative Software Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Creative Software Market

12.1. Australia Creative Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Creative Software Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Creative Software Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Creative Software Market

13.1. Indonesia Creative Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Creative Software Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Creative Software Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Creative Software Market

14.1. South Korea Creative Software Market Overview
14.2. South Korea Creative Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Creative Software Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Creative Software Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Creative Software Market

15.1. Western Europe Creative Software Market Overview
15.2. Western Europe Creative Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Creative Software Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Creative Software Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Creative Software Market

16.1. UK Creative Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Creative Software Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Creative Software Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Creative Software Market

17.1. Germany Creative Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Creative Software Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Creative Software Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Creative Software Market

18.1. France Creative Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Creative Software Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Creative Software Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Creative Software Market

19.1. Italy Creative Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Creative Software Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Creative Software Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Creative Software Market

20.1. Spain Creative Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Creative Software Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Creative Software Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Creative Software Market

21.1. Eastern Europe Creative Software Market Overview
21.2. Eastern Europe Creative Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Creative Software Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Creative Software Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Creative Software Market

22.1. Russia Creative Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Creative Software Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Creative Software Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Creative Software Market

23.1. North America Creative Software Market Overview
23.2. North America Creative Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Creative Software Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Creative Software Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Creative Software Market

24.1. USA Creative Software Market Overview
24.2. USA Creative Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Creative Software Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Creative Software Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Creative Software Market

25.1. Canada Creative Software Market Overview
25.2. Canada Creative Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Creative Software Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Creative Software Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Creative Software Market

26.1. South America Creative Software Market Overview
26.2. South America Creative Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Creative Software Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Creative Software Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Creative Software Market

27.1. Brazil Creative Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Creative Software Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Creative Software Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Creative Software Market

28.1. Middle East Creative Software Market Overview
28.2. Middle East Creative Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Creative Software Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Creative Software Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Creative Software Market

29.1. Africa Creative Software Market Overview
29.2. Africa Creative Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Creative Software Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Creative Software Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Creative Software Market Competitive Landscape And Company Profiles

30.1. Creative Software Market Competitive Landscape
30.2. Creative Software Market Company Profiles
- 30.2.1. Apple Inc.
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. Alphabet Inc.
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Microsoft Corporation
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. Meta Platforms Inc.
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Adobe Systems Inc.
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Creative Software Market Other Major And Innovative Companies

31.1. Autodesk Inc.
31.2. Wondershare Technology Group Co. Ltd.
31.3. Wacom Co. Ltd.
31.4. Corel Corporation
31.5. MAGIX Software GmbH
31.6. TechSmith Corporation
31.7. Movavi Software Limited
31.8. CyberLink Corp.
31.9. Avid Technology Inc.
31.10. Nero AG
31.11. Blackmagic Design Pty. Ltd.
31.12. Quark Software Inc.
31.13. Artlist UK Limited
31.14. Macromedia Inc.
31.15. Sony Creative Software Inc.

32. Global Creative Software Market Competitive Benchmarking

33. Global Creative Software Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Creative Software Market

35. Creative Software Market Future Outlook and Potential Analysis

35.1 Creative Software Market In 2028 - Countries Offering Most New Opportunities
35.2 Creative Software Market In 2028 - Segments Offering Most New Opportunities
35.3 Creative Software Market In 2028 - Growth Strategies
- 35.3.1 Market Trend Based Strategies
- 35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer