Middle East & Africa Video Editing Software Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Type (On-Premises and Cloud-Based), and Application (Commercial and Personal)
The video editing software market in MEA is expected to grow from US$ 224.96 million in 2019 to US$ 365.71 million by 2027; it is estimated to grow at a CAGR of 6.4% from 2020 to 2027.
Saudi Arabia, South Africa and UAE are major economies in MEA. Emergence of online video content at social media platforms boosting the requirement of video editing software thus driving the video editing software in MEA. The professional media production houses such as entertainment industries, media, broadcasting and educational institutes continue to be one of the biggest end-user of the video editing software solutions in MEA. Moreover, the significantly large end-user base is expected to continue to provide a stead market growth opportunities during the forecast period. In addition to this, the emergence of several regional cinema and online content for OTT platforms across various demographically divers countries in Asian and Africa are also witnessing a positive demand for video editing software for their growing audience and consequently drive the growth of the video editing software in emerging economies. Besides, the increasing trend of social media influencer and professional video bloggers and unusual rise in the number of online video content based sellers collectively have powered the growth of creative video content. As a result, creating a constant demand for enhanced and quality video content has helped to penetrate professional video editing solutions and software applications among the growing end-user base and thus anticipated to power the video editing software market in MEA. Numerous market players functioning in the market have commenced multiple smartphone specific software applications targeted for these fast-growing customer base with a customized dashboard for swift video editing solutions. Therefore, the rise in popularity of online video content based customer base such as content sellers, advertisers, influencers, and others proposed to provide many profitable growth possibilities for the market players in future. Thus the emergence of online video content at social media platforms is further expected to create a significant demand for video editing software in the coming years, which would ultimately drive the market in MEA.
Further, the ongoing COVID-19 is having terrible effect on MEA economy. In the MEA region, Iran, Saudi Arabia, Qatar, South Africa, and UAE are some of the countries with high number of COVID-19 confirmed cases and deaths. The economic and industrial growth of these countries has been affected negatively in the past few months. The MEA region is expected to witness a significant impact of COIVD-19 in near future owing to heavy reliance on international vendors, and authorized sales representatives due to lack of prominent solution providers in the region. The region is projected to register a swift decline in their supply of video editing related applications due to disruption in movies and video developing related activities and operations across region. However in coming quarter the MEA region is expected to witness a limited impact of COIVD-19 during the coming few weeks owing to presence of international vendors, and authorized sales representatives of prominent solution providers in the region. The region is projected to register marginal decline in their purchasing spending for improved IT solutions for media management owing to disruption in business activities and operations.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the MEA video editing software market. The MEA video editing software market is expected to grow at a good CAGR during the forecast period.
MEA Video Editing Software Market
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MEA Video Editing Software Market Segmentation
MEA Video Editing Software Market – By Type
- On-Premises
- Cloud-Based
MEA Video Editing Software Market – By Application
- Commercial
- Personal
MEA Video Editing Software Market, by Country
- Saudi Arabia
- South Africa
- UAE
- Rest of MEA
MEA Video Editing Software Market - Companies Mentioned
- Adobe Inc.
- Apple Inc.
- Autodesk Inc.
- Avid Technology, Inc.
- Lightricks Ltd.
- Softo ltd.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. MEA Video Editing Software Market Landscape
4.1 Market Overview
4.2 MEA PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. MEA Video Editing Software Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Emergence of online video content at social media platforms boosting the requirement
5.1.2 Multiple advantages of video editing software and functional need
5.2 Market Restraints
5.2.1 Numerous free video editing software options
5.3 Market Opportunities
5.3.1 Prominence of video content based on AR and VR to strengthen the commercial reach of application
5.4 Future Trends
5.4.1 Video editing software market to witness upgraded technology and enhanced specifications
5.5 Impact Analysis of Drivers and Restraints
6. Video Editing Software Market – MEA Analysis
6.1 MEA Video Editing Software Market Overview
6.2 MEA Video Editing Software Market – Revenue, and Forecast to 2027 (US$ Million)
6.3 Market Positioning – Market Players Ranking
7. MEA Video Editing Software Market Analysis – By Type
7.1 Overview
7.2 MEA Video Editing Software Market, By Type (2019 and 2027)
7.3 On-premise
7.3.1 Overview
7.3.2 On-premise: Video Editing Software Market – Revenue, and Forecast to 2027 (US$ Million)
7.4 Cloud
7.4.1 Overview
7.4.2 Cloud: Video Editing Software Market – Revenue, and Forecast to 2027 (US$ Million)
8. MEA Video Editing Software Market Analysis – By Application
8.1 Overview
8.2 MEA Video Editing Software Market, By Application (2019 and 2027)
8.3 Commercial
8.3.1 Overview
8.3.2 Commercial: Video Editing Software Market – Revenue, and Forecast to 2027 (US$ Million)
8.4 Personal
8.4.1 Overview
8.4.2 Personal: Video Editing Software Market – Revenue, and Forecast to 2027 (US$ Million)
9. MEA Video Editing Software Market –Country Analysis
9.1 Overview
9.1.1 MEA: Video Editing Software Market, by Key Country
9.1.1.1 Saudi Arabia: Video Editing Software Market – Revenue, and Forecast to 2027 (US$ Million)
9.1.1.1.1 Saudi Arabia: Video Editing Software Market, by Type
9.1.1.1.2 Saudi Arabia: Video Editing Software Market, by Application
9.1.1.2 UAE: Video Editing Software Market – Revenue, and Forecast to 2027 (US$ Million)
9.1.1.2.1 UAE: Video Editing Software Market, by Type
9.1.1.2.2 UAE: Video Editing Software Market, by Application
9.1.1.3 South Africa: Video Editing Software Market – Revenue, and Forecast to 2027 (US$ Million)
9.1.1.3.1 South Africa: Video Editing Software Market, by Type
9.1.1.3.2 South Africa: Video Editing Software Market, by Application
9.1.1.4 Rest of MEA: Video Editing Software Market – Revenue, and Forecast to 2027 (US$ Million)
9.1.1.4.1 Rest of MEA: Video Editing Software Market, by Type
9.1.1.4.2 Rest of MEA: Video Editing Software Market, by Application
10. MEA Video Editing Software Market- COVID-19 Impact Analysis
10.1 MEA: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
11.4 Merger and Acquisition
12. Key Company Profiles
12.1 Softo ltd. (Clideo & Convertio)
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Avid Technology, Inc.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Adobe Inc.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Apple, Inc.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Autodesk, Inc.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Lightricks Ltd. (Videoleap)
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. MEA Video Editing Software Market – Revenue, and Forecast to 2027 (US$ Million)
Table 2. Saudi Arabia: Video Editing Software Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 3. Saudi Arabia: Video Editing Software Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 4. UAE: Video Editing Software Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 5. UAE: Video Editing Software Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 6. South Africa: Video Editing Software Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 7. South Africa: Video Editing Software Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 8. Rest of MEA: Video Editing Software Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 9. Rest of MEA: Video Editing Software Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 10. List of Abbreviation
LIST OF FIGURES
Figure 1. MEA Video Editing Software Market Segmentation
Figure 2. MEA Video Editing Software Market Segmentation – By Country
Figure 3. MEA Video Editing Software Market Overview
Figure 4. MEA Video Editing Software Market Outlook
Figure 5. MEA Video Editing Software Market – Key Market Players
Figure 6. MEA Video Editing Software Market – Type Analysis
Figure 7. MEA Video Editing Software Market – Application Analysis
Figure 8. MEA Video Editing Software Market – Country Analysis
Figure 9. MEA: PEST Analysis
Figure 10. MEA Video Editing Software Market – Ecosystem Analysis
Figure 11. Expert Opinion
Figure 12. MEA Video Editing Software Market Impact Analysis of Drivers And Restraints
Figure 13. MEA: Video Editing Software Market – Revenue and Forecast to 2027 (US$ Million)
Figure 14. MEA Video Editing Software Market Revenue Share, by Type (2019 and 2027)
Figure 15. MEA On-premise: Video Editing Software Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 16. MEA Cloud: Video Editing Software Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 17. MEA Video Editing Software Market Revenue Share, by Application (2019 and 2027)
Figure 18. MEA Commercial: Video Editing Software Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 19. MEA Personal: Video Editing Software Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 20. MEA: Video Editing Software Market Revenue Share, by Key Country (2019 and 2027)
Figure 21. Saudi Arabia: Video Editing Software Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 22. UAE: Video Editing Software Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 23. South Africa: Video Editing Software Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 24. Rest of MEA: Video Editing Software Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 25. Impact of COVID-19 Pandemic in MEA Markets
1. Adobe Inc.
2. Apple Inc.
3. Autodesk Inc.
4. Avid Technology, Inc.
5. Lightricks Ltd.
6. Softo ltd.
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the MEA video editing 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 MEA video editing 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 MEA market trends and outlook coupled with the factors driving the video editing software 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