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North America Photo Editing Software Market Statistics, Facts and Figures, Growth Overview, Size, SWOT Analysis and Forecast to 2027

The photo editing software market in Europe is expected to grow from US$ 194.7 million in 2019 to US$ 292.9 million by 2027; it is estimated to grow at a CAGR of 5.3% from 2020 to 2027.

Virtual reality is an emerging technology that was initially aimed at gamers; however, the potential of this technology is now being explored in various other applications. For instance, the use of VR images in social media platforms and online content creation is growing at an impressive pace from past few years. The rising demand for immersive content and experiences by customers is the key factor for the adoption of VR (360 degree) images in various industries. 360 VR photography, 360 spherical photography, and 360 panoramic photography are among the common names used for such photography. The demand for equipment and cameras capable of taking 360-degree images is also growing among prosumer and professional photographers. Real estate, hotels & resorts, businesses, online content & social media are among the key markets for VR photos. To enhance the appearance of VR/360-degree photos, there is a demand for photo editing software capable of editing such photos.

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Key Players:

Adobe

Corel Corporation

CyberLink Corp

DXO

INMAGINE GROUP

Phase One A/S

Serif (Europe) Ltd

Photo editing is being widely used by professionals and commercial users in industries such as fashion, news & media, social media, and entertainment for various purposes including marketing, and advertising, among others. A photo editing software provides users with various tools to enhance visual excellence of a photo such as facial recognition which is based on AI technology.

AI and its applications have been growing tremendously over the past few years in various industry verticals. AI is being utilized in numerous sectors ranging from retail, food & beverages, automotive to consumer electronics. Photo editing software market players are gaining a huge scope by using AI to offer enhanced capabilities in their software products. The integration of AI capabilities in photo editing software offers a huge growth potential for the players in the photo editing software market and it is anticipated to drive the future growth of the market from 2020 to 2027.

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Points Covered in the Report:

  1. The pivotal aspects considered in the Global Photo Editing Software Market report consist of leading competitors functioning in the global market.
  2. The report encompasses company profiles prominently positioned in the global market.
  3. The sales, corporate strategies, and technological capabilities of leading manufacturers are also mentioned in the report.
  4. The driving factors for the growth of the Global Photo Editing Software Market are explained exhaustively, along with an in-depth account of the end users in the industry.
  5. The report also explains critical application areas of the global market to readers/users.
  6. The report undertakes a SWOT analysis of the market. In the final section, the report features the opinions and views of industry experts and professionals. The experts also evaluate the export/import policies that might propel the growth of the Global Photo Editing Software Market.
  7. The report on the Global Photo Editing Software Market delivers valuable information for policymakers, investors, stakeholders, service providers, producers, suppliers, and organizations operating in the industry and looking to purchase this research document.

Reasons for Buying Photo Editing Software Market Report:

  • The report performs an analysis of the dynamic competitive landscape that can help the reader/client move ahead in the global market.
  • It also presents an in-depth view of different factors driving or restraining the growth of the global market.
  • The Global Photo Editing Software Market report provides a five-year forecast derived on the basis of the potential growth of the market.
  • It helps formulate profitable business decisions by offering thorough insights into the global market and by creating a comprehensive analysis of pivotal market segments and subsegments.

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