The North America Digital Content Creation Market should witness market growth of 12.5% CAGR during the forecast period (2022-2028).
Software for creating digital content facilitates the development, publication, and distribution of digital material to the user. The development of digital content has several advantages, including cheap operating costs, high return on investment (ROI), simplicity in measurement and adjustment, brand extension, ease in segmenting audiences, precise targeting, and a focus on company operations. Moreover, enabling the company to interact with its traffic audience offers a technique to improve brand scalability.
The main factors influencing the expansion of the market for digital content creation are an increase in IT expenditure, the use of AI, and the use of cloud computing. In addition, the demand for digital content production is anticipated to be driven by several other reasons, including falling data storage costs and the expansion of e-commerce platforms. The digital economy significantly boosts competitiveness, particularly when businesses undergo digital transformations to adopt new technology models where digital content development is a crucial component of user strategy and growth. Campaigns that draw in and keep internet users now heavily rely on the internet and digital marketing.
Initiatives for a long-term digital transformation in North America have changed quickly due to the pandemic. As a result, companies are quickly embracing the use of cutting-edge technology in corporate decision-making and embracing digital platforms for consumer interactions. The Canadian IT industry relies heavily on international commerce, with US$37.5 billion in imports and US$7.7 billion in exports in 2021. The leading market for Canadian ICT exports, worth US$5.1 billion in 2020, is the United States, which is Canada's second-largest exporter of ICT products behind China. In addition, the platforms for managing and creating digital content have seen increased investment. The industry for creating digital content is expected to grow due to all these causes.
The US market dominated the North America Digital Content Creation Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $12,572.2 million by 2028. The Canada market is poised to grow at a CAGR of 15% during (2022-2028). Additionally, The Mexico market should witness a CAGR of 14% during (2022-2028).
Based on Component, the market is segmented into Tools and Services. Based on Format, the market is segmented into Video, Graphical, Textual and Audio. Based on Deployment, the market is segmented into Cloud and On-Premise. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Vertical, the market is segmented into Retail & E-commerce, Healthcare, Media & Entertainment, Automotive, Travel & Tourism and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Adobe, Inc., Corel Corporation (KKR & Co., Inc.), MarketMuse, Inc., Quark Software, Inc. (Parallax capital partners, LLC), Integra Software Services Pvt. Ltd., Acrolinx GmbH, Google LLC (Alphabet, Inc.), PicsArt, Inc., Microsoft Corporation, and Canva Pty Ltd.
Software for creating digital content facilitates the development, publication, and distribution of digital material to the user. The development of digital content has several advantages, including cheap operating costs, high return on investment (ROI), simplicity in measurement and adjustment, brand extension, ease in segmenting audiences, precise targeting, and a focus on company operations. Moreover, enabling the company to interact with its traffic audience offers a technique to improve brand scalability.
The main factors influencing the expansion of the market for digital content creation are an increase in IT expenditure, the use of AI, and the use of cloud computing. In addition, the demand for digital content production is anticipated to be driven by several other reasons, including falling data storage costs and the expansion of e-commerce platforms. The digital economy significantly boosts competitiveness, particularly when businesses undergo digital transformations to adopt new technology models where digital content development is a crucial component of user strategy and growth. Campaigns that draw in and keep internet users now heavily rely on the internet and digital marketing.
Initiatives for a long-term digital transformation in North America have changed quickly due to the pandemic. As a result, companies are quickly embracing the use of cutting-edge technology in corporate decision-making and embracing digital platforms for consumer interactions. The Canadian IT industry relies heavily on international commerce, with US$37.5 billion in imports and US$7.7 billion in exports in 2021. The leading market for Canadian ICT exports, worth US$5.1 billion in 2020, is the United States, which is Canada's second-largest exporter of ICT products behind China. In addition, the platforms for managing and creating digital content have seen increased investment. The industry for creating digital content is expected to grow due to all these causes.
The US market dominated the North America Digital Content Creation Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $12,572.2 million by 2028. The Canada market is poised to grow at a CAGR of 15% during (2022-2028). Additionally, The Mexico market should witness a CAGR of 14% during (2022-2028).
Based on Component, the market is segmented into Tools and Services. Based on Format, the market is segmented into Video, Graphical, Textual and Audio. Based on Deployment, the market is segmented into Cloud and On-Premise. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Vertical, the market is segmented into Retail & E-commerce, Healthcare, Media & Entertainment, Automotive, Travel & Tourism and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Adobe, Inc., Corel Corporation (KKR & Co., Inc.), MarketMuse, Inc., Quark Software, Inc. (Parallax capital partners, LLC), Integra Software Services Pvt. Ltd., Acrolinx GmbH, Google LLC (Alphabet, Inc.), PicsArt, Inc., Microsoft Corporation, and Canva Pty Ltd.
Scope of the Study
By Component
- Tools
- Services
By Format
- Video
- Graphical
- Textual
- Audio
By Deployment
- Cloud
- On-Premise
By Organization Size
- Large Enterprises
- Small & Medium Enterprises
By Vertical
- Retail & E-commerce
- Healthcare
- Media & Entertainment
- Automotive
- Travel & Tourism
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Adobe, Inc.
- Corel Corporation (KKR & Co., Inc.)
- MarketMuse, Inc.
- Quark Software, Inc. (Parallax capital partners, LLC)
- Integra Software Services Pvt. Ltd.
- Acrolinx GmbH
- Google LLC (Alphabet, Inc.)
- PicsArt, Inc.
- Microsoft Corporation
- Canva Pty Ltd
Unique Offerings
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Digital Content Creation Market, by Component
1.4.2 North America Digital Content Creation Market, by Format
1.4.3 North America Digital Content Creation Market, by Deployment
1.4.4 North America Digital Content Creation Market, by Organization Size
1.4.5 North America Digital Content Creation Market, by Vertical
1.4.6 North America Digital Content Creation Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Market Share Analysis, 2021
3.2 Recent Strategies Deployed in Digital Content Creation Market
Chapter 4. North America Digital Content Creation Market by Component
4.1 North America Tools Market by Country
4.2 North America Services Market by Country
Chapter 5. North America Digital Content Creation Market by Format
5.1 North America Video Market by Country
5.2 North America Graphical Market by Country
5.3 North America Textual Market by Country
5.4 North America Audio Market by Country
Chapter 6. North America Digital Content Creation Market by Deployment
6.1 North America Cloud Market by Country
6.2 North America On-Premise Market by Country
Chapter 7. North America Digital Content Creation Market by Organization Size
7.1 North America Large Enterprises Market by Country
7.2 North America Small & Medium Enterprises Market by Country
Chapter 8. North America Digital Content Creation Market by Vertical
8.1 North America Retail & E-commerce Market by Country
8.2 North America Healthcare Market by Country
8.3 North America Media & Entertainment Market by Country
8.4 North America Automotive Market by Country
8.5 North America Travel & Tourism Market by Country
8.6 North America Others Market by Country
Chapter 9. North America Digital Content Creation Market by Country
9.1 US Digital Content Creation Market
9.1.1 US Digital Content Creation Market by Component
9.1.2 US Digital Content Creation Market by Format
9.1.3 US Digital Content Creation Market by Deployment
9.1.4 US Digital Content Creation Market by Organization Size
9.1.5 US Digital Content Creation Market by Vertical
9.2 Canada Digital Content Creation Market
9.2.1 Canada Digital Content Creation Market by Component
9.2.2 Canada Digital Content Creation Market by Format
9.2.3 Canada Digital Content Creation Market by Deployment
9.2.4 Canada Digital Content Creation Market by Organization Size
9.2.5 Canada Digital Content Creation Market by Vertical
9.3 Mexico Digital Content Creation Market
9.3.1 Mexico Digital Content Creation Market by Component
9.3.2 Mexico Digital Content Creation Market by Format
9.3.3 Mexico Digital Content Creation Market by Deployment
9.3.4 Mexico Digital Content Creation Market by Organization Size
9.3.5 Mexico Digital Content Creation Market by Vertical
9.4 Rest of North America Digital Content Creation Market
9.4.1 Rest of North America Digital Content Creation Market by Component
9.4.2 Rest of North America Digital Content Creation Market by Format
9.4.3 Rest of North America Digital Content Creation Market by Deployment
9.4.4 Rest of North America Digital Content Creation Market by Organization Size
9.4.5 Rest of North America Digital Content Creation Market by Vertical
Chapter 10. Company Profiles
10.1 Microsoft Corporation
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expenses
10.1.5 Recent strategies and developments:
10.1.5.1 Partnerships, Collaborations, and Agreements:
10.1.5.2 Product Launches and Product Expansions:
10.1.6 SWOT Analysis
10.2 Google LLC (Alphabet, Inc.)
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Research & Development Expense
10.2.5 SWOT Analysis
10.3 Adobe, Inc.
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental and Regional Analysis
10.3.4 Research & Development Expense
10.3.5 Recent strategies and developments:
10.3.5.1 Product Launches and Product Expansions:
10.3.5.2 Acquisition and Mergers:
10.4 Corel Corporation (KKR & Co., Inc.)
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Regional & Segmental Analysis
10.4.4 Recent strategies and developments:
10.4.4.1 Acquisition and Mergers:
10.5 MarketMuse, Inc.
10.5.1 Company Overview
10.5.2 Recent strategies and developments:
10.5.2.1 Product Launches and Product Expansions:
10.5.2.2 Acquisition and Mergers:
10.6 Acrolinx GmbH
10.6.1 Company Overview
10.6.2 Recent strategies and developments:
10.6.2.1 Partnerships, Collaborations, and Agreements:
10.6.2.2 Product Launches and Product Expansions:
10.7 PicsArt, Inc.
10.7.1 Company Overview
10.7.2 Recent strategies and developments:
10.7.2.1 Product Launches and Product Expansions:
10.7.2.2 Acquisition and Mergers:
10.8 Canva Pty Ltd.
10.8.1 Company Overview
10.8.2 Recent strategies and developments:
10.8.2.1 Acquisition and Mergers:
10.9 Quark Software Inc. (Parallax capital partners, LLC)
10.9.1 Company Overview
10.10. Integra Software Services Pvt. Ltd.
10.10.1 Company Overview
Companies Mentioned
- Adobe, Inc.
- Corel Corporation (KKR & Co., Inc.)
- MarketMuse, Inc.
- Quark Software, Inc. (Parallax capital partners, LLC)
- Integra Software Services Pvt. Ltd.
- Acrolinx GmbH
- Google LLC (Alphabet, Inc.)
- PicsArt, Inc.
- Microsoft Corporation
- Canva Pty Ltd
Methodology
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