Font Management Software Market Forecast to 2027 - COVID-19 Impact and Global Analysis By Deployment (On-Premise and Cloud), Operating System (Mac System, Windows System, and Other Systems), End User (Website Designer, Printing Agencies, Advertising Agencies, Freelancers, and Others)
Publication Month: Jan 2021 | Report Code: TIPRE00013863 | No. of Pages: 130 | Category: Technology, Media and Telecommunications | Status: Published
The font management software market is expected to grow from US$ 4,024.1million in 2021 to US$ 13,466.3 million by 2027. The font management software market is expected to grow at a CAGR of 18.8% during the forecast period of 2021 to 2027.
The font management software is particularly used by publishers, graphic designers, web-site designers, illustrators, interface designers, packaging designers, letterpress printers, typeface designers, film-title and motion-graphic designers, industrial designers, advertising agencies, and architectural firms, as well as by the IT departments of organizations. Many of these solutions are capable of filtering unlicensed fonts from the platforms to avoid legal issues. The growth of the font management software market in mainly attributed to the increasing deployment of digital content across the globe and increasing emphasis on product designing & packaging. However, lack of awareness regarding these platforms, especially in developing countries, and high costs of the same are hampering the growth of the market. Furthermore, the growing importance for digitization is anticipated come up as a key trend in the market during the forecast period.
The COVID-19 crisis is affecting the industries worldwide and the global economy is anticipated to take a worst hit in the year 2020 and likely in 2021 also. The outbreak has created significant disruptions in primary industries such as technology, media and telecommunications, electronics & semiconductor, and retail & ecommerce industry among others. The factory shutdowns, travel bans, trade bans, and border lockdowns to combat and contain the outbreak have impacted both smartphone and camera manufacturing. The impact of COVID-19 outbreak on the global font management software market growth in various countries/regions is described in below sections.
The global font management software market is segmented on the basis of deployment, operating system, end user, and geography. The font management software market, based on deployment, is segmented into on-premise and cloud. Based on operating system, the market is segmented into mac system, windows system, and other systems. The font management software market, based on end user, is segmented into website designer, printing agencies, advertising agencies, freelancers, and others. The font management software market, by region, is segmented into North America, Europe, Asia Pacific (APAC), the Middle East and Africa (MEA), and South America (SAM).
Lucrative Regions in Font management software Market
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Font Management Software Market Insights
Growing Importance of Effective Product Designing and Packaging
The fast-paced lifestyle and increasing disposable income among masses, especially in APAC countries, has propelled the consumption of various FMCG (fast moving consumer goods) and consumer electronics over the last decade. Owing to the high competition in FMCG and consumer electronics industries, market players emphasize effective designing and packaging of overall products. Established market players and SMEs, along with new entrants, are making significant investments in packaging design to make their product look attractive and unique. Moreover, several companies strongly emphasize on revamping the designs of their product packaging on a regular basis to stay relevant with the on-going design trends. Thus, the surging focus of enterprises on the effective and attractive packaging owing to the increasing consumption of consumer goods is subsequently driving the adoption of font management software.
Operating System -Based Market Insights
Based on operating system, the font management market is segmented into Mac System, Windows System, and Other Systems. The windows system segment led the font management software market with a highest share. The Windows System is a widely adopted operating system for personal as well as professional use. Also windows based computer have cheaper with regards Apple computers. Moreover, the Windows computers are offered in different configuration, and these computers enable users to customize and can easily be upgraded with regards to hardware over the years.
Deployment -Based Market Insights
Based on deployment, the global font management software market is segmented into on-premise deployment and cloud deployment. The demand for cloud-based font management software is higher than that for on-premise software; this is mainly due to the lower costs associated with the cloud-based font management software and the availability of strong network infrastructure in developed countries.
Font management software Market, by Deployment – 2021 and 2027
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End User -Based Market Insights
Based on end user, the font management software market is segmented into website designers, printing agencies, advertising agencies, freelancers, and others. The website designer segment led the font management software market with a highest share. The number of internet users has increased in the world, especially in densely populated APAC countries, in the last decade due to the decreasing prices of computers and smartphones, and availability of internet services at affordable costs over.
Strategic Insights
Players operating in the Font management software market focus on strategies, such as market initiatives, acquisitions, and product launches, to maintain their positions in the font management software market. A few developments by key players of the font management software market are:
In June 2020, Extensis released new updates in font management solution Suitcase Fusion. The new updates include list view previews, that allows users to select and display font previews. Also, this latest update includes dark mode.
In March 2020, Corel Corporation unveiled its smartest, fastest, and most collaborative CorelDRAW graphics suite 2020. CorelDRAW graphics suite offers new capabilities to produce visually stunning designs and high-quality assets.
Font management software Market – By Operating System
- Mac System
- Windows System
- Other Systems
Font management software Market – by Deployment
- On-Premise
- Cloud
Font management software Market – By End User
- Website Designer
- Printing Agencies
- Advertising Agencies
- Freelancers
- Others
Font management software Market – by Geography
North America
- US
- Canada
- Mexico
Europe
- France
- Germany
- Russia
- UK
- Italy
- Rest of Europe
Asia Pacific (APAC)
- China
- India
- Japan
- Australia
- South Korea
- Rest of APAC
MEA
- Saudi Arabia
- UAE
- South Africa
- Rest of MEA
SAM
- Brazil
- Argentina
- Rest of SAM
Font management software Market – Company Profiles
- Adobe Inc.
- Extensis
- Corel Corporation
- Fontstand BV
- High-Logic B.V.
- Insider Software Inc.
- Monotype GmbH
- Neuber Software
- Proxima Software
- Rightfont
Frequently Asked Questions
The List of Companies - Font Management Software Market
- Adobe Inc.
- Extensis
- Corel Corporation
- Fontstand BV
- High-Logic B.V.
- Insider Software Inc.
- Monotype GmbH
- Neuber Software
- Proxima Software
- Rightfont
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global font management software market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the global font management software market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.
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