The photo editing software market was valued at $449.2 million in 2023 and is projected to reach $886.2 million by 2032, growing at a CAGR of 7.7% from 2024 to 2032.
Photo editing software is a tool that allows users to alter digital images as per requirement. The software provides choices from basic editing solutions such as cropping and color & lighting adjustments to advanced edits such as blending effects and artistic filters. The value of photo editing software has become highly significant such that it is being used for both professional and personal purposes. The software observed a high demand in the graphic design and marketing companies.
Increase in the popularity of social media platforms is boosting the demand for high quality visual content, driving the growth of the photo editing software. In addition, the usage of digital marketing strategies is significantly expanding across diverse sectors, hence boosting the need for cutting-edge photo editing software. The assimilation of AI algorithm in the software is an emerging trend poised to transform the landscape of editing in the future. Along with the modification of pictures, AI is now being utilized to integrate immersive features into images and craft them through textual descriptions. By automating the basic editing tasks, AI is expanding the creative vision of editors.
However, the high cost of advanced software limits various budget-sensitive editors and organizations from investing, hence restraining the development of the photo editing software market. Moreover, concerns regarding consent and privacy are arising due to the misuse of AI capabilities, hampering the development of the market. For instance, a multinational company in Hong Kong, China suffered a loss of US$25.6 million owing to a scam associated with AI-powered deepfake technology. The scammers created fake images of the CEO & some other employees of the company and directed another employee through video conferencing to transfer the amount. This advanced tech theft is discouraging the usage of AI in photo editing software and constraining the market landscape.
Segment Review
The photo editing software market is segmented into type, platform, end user, and region. On the basis of type, the market is divided into entry level, prosumer level, and professional level. As per platform, it is classified into MacOS, Windows, Android, and IOS. Depending on end user, it is categorized into individual, commercial, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key Findings
On the basis of type, the prosumer level segment dominated the market in 2023.
As per platform, the Windows segment acquire a high stake in the market in 2023.
Depending on end user, the commercial segment was the highest shareholder in 2023.
Region wise, North America was the highest revenue generator in 2023.
Competition Analysis
The leading players operating in the global photo editing software market include ACD Systems International, Inc., Adobe Systems Inc., Corel Corporation, Cyberlink Corporation, DXO, MAGIX Software GmbH, ON1, Inc., Serif (Europe) Ltd, Skylum, and ZONER, Inc. These major players have adopted various key development strategies such as business expansion, new product launches, and partnerships, to strengthen their foothold in the competitive market.
Photo editing software is a tool that allows users to alter digital images as per requirement. The software provides choices from basic editing solutions such as cropping and color & lighting adjustments to advanced edits such as blending effects and artistic filters. The value of photo editing software has become highly significant such that it is being used for both professional and personal purposes. The software observed a high demand in the graphic design and marketing companies.
Increase in the popularity of social media platforms is boosting the demand for high quality visual content, driving the growth of the photo editing software. In addition, the usage of digital marketing strategies is significantly expanding across diverse sectors, hence boosting the need for cutting-edge photo editing software. The assimilation of AI algorithm in the software is an emerging trend poised to transform the landscape of editing in the future. Along with the modification of pictures, AI is now being utilized to integrate immersive features into images and craft them through textual descriptions. By automating the basic editing tasks, AI is expanding the creative vision of editors.
However, the high cost of advanced software limits various budget-sensitive editors and organizations from investing, hence restraining the development of the photo editing software market. Moreover, concerns regarding consent and privacy are arising due to the misuse of AI capabilities, hampering the development of the market. For instance, a multinational company in Hong Kong, China suffered a loss of US$25.6 million owing to a scam associated with AI-powered deepfake technology. The scammers created fake images of the CEO & some other employees of the company and directed another employee through video conferencing to transfer the amount. This advanced tech theft is discouraging the usage of AI in photo editing software and constraining the market landscape.
Segment Review
The photo editing software market is segmented into type, platform, end user, and region. On the basis of type, the market is divided into entry level, prosumer level, and professional level. As per platform, it is classified into MacOS, Windows, Android, and IOS. Depending on end user, it is categorized into individual, commercial, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key Findings
On the basis of type, the prosumer level segment dominated the market in 2023.
As per platform, the Windows segment acquire a high stake in the market in 2023.
Depending on end user, the commercial segment was the highest shareholder in 2023.
Region wise, North America was the highest revenue generator in 2023.
Competition Analysis
The leading players operating in the global photo editing software market include ACD Systems International, Inc., Adobe Systems Inc., Corel Corporation, Cyberlink Corporation, DXO, MAGIX Software GmbH, ON1, Inc., Serif (Europe) Ltd, Skylum, and ZONER, Inc. These major players have adopted various key development strategies such as business expansion, new product launches, and partnerships, to strengthen their foothold in the competitive market.
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Key Market Segments
By Type
- Entry Level
- Prosumer Level
- Professional Level
By Platform
- MacOS
- Windows
- Android
- IOS
By End User
- Individual
- Commercial
- Others
By Region
- North America
- U.S.
- Canada
- Europe
- France
- Germany
- Italy
- Spain
- UK
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
- ACD Systems International, Inc.
- Adobe Systems Inc.
- Corel Corporation
- Cyberlink Corporation
- DXO
- MAGIX Software GmbH
- ON1, Inc.
- Serif (Europe) Ltd
- Skylum
- ZONER, Inc
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Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET LANDSCAPE
CHAPTER 4: PHOTO EDITING SOFTWARE MARKET, BY TYPE
CHAPTER 5: PHOTO EDITING SOFTWARE MARKET, BY PLATFORM
CHAPTER 6: PHOTO EDITING SOFTWARE MARKET, BY END USER
CHAPTER 7: PHOTO EDITING SOFTWARE MARKET, BY REGION
CHAPTER 8: COMPETITIVE LANDSCAPE
CHAPTER 9: COMPANY PROFILES
LIST OF TABLES
LIST OF FIGURES
Companies Mentioned
Key Market Players in the Photo Editing Software Market include:- ACD Systems International, Inc.
- Adobe Systems Inc.
- Corel Corporation
- Cyberlink Corporation
- DXO
- MAGIX Software GmbH
- ON1, Inc.
- Serif (Europe) Ltd
- Skylum
- ZONER, Inc
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 200 |
| Published | July 2024 |
| Forecast Period | 2023 - 2032 |
| Estimated Market Value ( USD | $ 449.2 million |
| Forecasted Market Value ( USD | $ 886.2 million |
| Compound Annual Growth Rate | 7.7% |
| Regions Covered | Global |
| No. of Companies Mentioned | 11 |
