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Video Editing Apps

Delivered March 25, 2020. Contributor: Kej A.

Goals

To inform marketplace understanding by providing market size and growth (CAGR) of the US video editing apps market and also the competitors in this market, including their sizes, reach, and growth potential.

Early Findings

After extensive research, we were unable to find the US market size of video editing apps. The reports we gathered from reputable sources only provided the global market size and CAGR. We made various attempts at triangulation, but could not find enough data such as the US market share of the global market size of video editing apps to triangulate with. Where available, the required information was behind paywalls.
  • The global market size of video editing software was $779.8 million in 2018. Statista reports that this figure is expected to reach $932.7 million by 2025. This survey by Statista was carried out in 2018.
  • Recently published reports in January 2020 on the global video editing software market estimates that global video editing software market size is expected to reach "$1.1 billion by 2025, rising at a market growth of 4.4% CAGR during the forecast period."
  • The demand for video editing software is increasing due to the "high penetration of smartphones around the globe."
  • The widely available free editing tools available in this market are constrained by the basic editing process and this constitutes a major challenge.
  • The following paywalled reports contain the US market size of video editing apps and other additional information.
1. Global Video Editing Software Market (2019-2025) by Report Linker.
2. Global (North America, Europe and Asia-Pacific, South America, Middle East, and Africa) Video Editing Software Market 2017 Forecast to 2022 by Market Research Nest.
3. Global Video Editing Software Market Size 2018 by Application (Commercial, Personal and Others), by Types (On-Premise and Cloud-Based) By Region and Forecast 2018 to 2025 by Adroit Market Research.
4. North America Video Editing Software Market By Application (Commercial, Personal and Others) By Type (On-Premise and Cloud-Based) By Country, Industry Analysis and Forecast, 2019 - 2025 by KBV Research.

Proposed next steps:

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We recommend further research to provide a competitive analysis of the following companies: Inshot, Splice, VivaVideo, iMovie, Magisto, and Adobe Premiere. This will include a brief overview of each company, their market size/revenue, expected growth rate, and growth potential/competitive advantage.
We can also provide 2-3 insights and trends in the US video editing app market, this may include but not limited to new technologies and customer preferences. We will also justify the reasons they are regarded as insights & trends, and list one company at the forefront of each trend or insight.