The global video editor market is anticipated to grow at a significant CAGR of 4.4% during the forecast period (2022-2028). Open shot video editor is a provider of custom-based video editing platforms. It is an online video editing application used for smooth and easy video enhancement. A tutorial guide is available to learn the tips and tricks of video editing. Clip hamp is another online platform for video editing which can be used to make videos as per the requisites. This platform does not require experience in video editing and is suitable for all users. Upload is not required on this platform and it can save work directly in the browser. In addition, it also provides a platform for specific videos which are to be uploaded on Facebook.
Veed.IO video editing platform assist beginners in handling video properly. It provides several features which users can take up to have crisp and clean editing. A platform for videos in movie making, podcasts, and social media videos is provided by veed.io. This video editing platform is an online medium. Various social media companies are adding video editing features to their applications. An inclination of people towards social media and its videos is expected to drive the market during the forecast period. For instance, in June 2020, Telegram announced adding a new video editing feature in their application. This feature will allow users to edit video in two taps.
Some major players in the market include ArcSoft, Inc, CyberLink Corp, Corel Corp, and Apple Inc. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in March 2022, Microsoft has included a video editing app named Clipchamp in their latest Windows 11 operating system. Clipchamp is a cloud-based video editing platform that will provide users with a wide range of features. For now, the company has said that this platform will not be free and will be subscription-based.
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Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Device
- By Type
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- ArcSoft, Inc, CyberLink Corp, Corel Corp, Apple Inc., Biteable Pty Ltd., Corel Corp, and Others.
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Global Video Editor Market Report By Segment
By Device
- PC
- Tablet
- Mobile
- Others
By Type
- Free
- Subscription-Based
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
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