Photo Editing Software Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2024-2030

Report Code: ITR 48854 Report Format: PDF + Excel

Photo Editing Software Market Overview

Photo Editing Software Market size is forecast to reach $446.7 million by 2030, after growing at a CAGR of 5.9% during 2024-2030. The advent of smartphones, social media facial recognition, artificial intelligence, and even virtual reality has impacted photo editing software industry. Now-a-days, photographers have enhanced the use of photo editing software for providing image orientation that helps in transforming the image. Furthermore, the increasing innovation in camera technologies, growing need for high-definition quality images and the demand for digital photographs are uplifting the photo editing software market. In addition, the need for special effects including color, tints, digital photographs, image orientation and layered editing so on.

One notable trend is the integration of AI-powered editing tools, which streamline and automate various editing processes, enhancing efficiency and accessibility for both amateur and professional users. Another significant trend revolves around the proliferation of mobile editing apps, catering to the increasing demand for on-the-go editing solutions that enable users to enhance and share their photos seamlessly across multiple platforms. Advanced retouching features have also gained traction, providing users with more precise control over editing elements like skin smoothing, blemish removal, and color adjustments, thereby elevating the quality and aesthetics of edited images. Furthermore, there's a growing emphasis on non-destructive editing workflows, allowing users to make adjustments to their photos without permanently altering the original image data. This trend aligns with the need for flexibility and experimentation in the editing process, empowering users to refine their creative vision iteratively. Additionally, collaborative editing platforms are becoming increasingly prevalent, enabling multiple users to collaborate on editing projects simultaneously, fostering creativity, and streamlining workflow collaboration among teams and communities of photographers and designers are anticipating the growth of photo editing software market during the forecast period.

Report Coverage

The report: “Photo Editing Software Market – Forecast (2024-2030)”, by IndustryARC, covers an in-depth analysis of the following segments of the Photo Editing Software Market. 

                                             

By Product: Entry Level, Prosumer Level and Professional Level
By End Use Industry: Individual and Commercial 
By Geography: North America (U.S, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands and Others), APAC (China, Japan India, South Korea, Australia & New Zealand, Indonesia, Malaysia, Taiwan and Others), South America (Brazil, Argentina, Chile, Colombia and others), and RoW (Middle East and Africa).

Key Takeaways

• North America is highly dominating the photo editing software market owing to the increasing presence of social media advertising, availability of fashion houses and the rising sales through e-commerce channels. 
• The integration of technology such as augmented reality and virtual reality along with intelligent computational algorithm for making images more appealing is also embracing the photo editing software market. 
• Additionally, the introduction of 3D-imaging tools such as 3D analysis, 3D alignment and 3D smart vision that analyzes the depth of the image and further transforms them is also the most significant factor that is driving the photo editing software market.
• The increasing use of facial recognition technology along with artificial intelligence is also further enhancing the market growth. 
• However, the high cost of the latest photo editing software and the lack of availability of free version software will hinder the growth of the photo editing software market.   

Product Type - Segment Analysis

Prosumer level holds the largest share in the photo editing software market in 2023. The latest photo editing software has brought an easy way to edit photographs in one touch editing and also providing with noise reduction editing of images. Moreover, the advent of artificial intelligence has led to the introduction of AI-powered photo editing software which uses machine learning for enhancing images and manipulate the images into desired form. The other major factor that is leading to the growth of the prosumer level segment is the rising use of smartphones. The rise of selfies has also enhanced the photo editing software market, as this has led to the investment in software providing face beauty effects and is especially relying on the AI-driven facial recognition technology for creating more realistic effects. Hence, this development in photo editing has highly encouraged the prosumer level segment which will further propel the photo editing software market.  

End-user - Segment Analysis

The commercial segment is highly influencing the photo editor software market owing to rising use of photo editing software for social media platforms, e-commerce and fashion industries. The commercial segment is also estimated to grow with a CAGR of 6.5% during the forecast period. Majority of fashion houses are increasingly adopting the use of photo editing software for marketing and gaining customer’s attention. Moreover, the social media marketing agencies are increasingly embracing the use of photo editing software for the purpose of developing and optimizing images to make them more appealing. Thus, the rising use of photo editing software for fashion and social media marketing agencies will prove to form a positive impact on the growth of the commercial segment. This development in the commercial end-user segment will further propel the photo editing market in the coming years. 

Geography - Segment Analysis

North America will dominate the photo editing software market with a share of more than 30% followed by APAC and Europe. The major factors that are leading to the growth of photo editing software market in North America region is the rise of social media advertising, presence of major fashion houses, and growth of online advertising, e-commerce, and SMEs. Additionally, the small businesses in the U.S are heavily investing on social media agencies which will also fuel the photo editing software market in the future. According to Invesp, it is estimated that the U.S social media advertising revenue was $7.6 billion, which is further expected to grow in the coming years. Also, in the third quarter of 2023, retail sales totaled $1,825.3 billion, up 1.5% from the previous quarter, according to the U.S. Census Bureau. As compared to the previous quarter, e-commerce accounted for 15.6% of all retail sales in the third quarter of 2023. Thus, the rising use of immersive and appealing advanced photo editing software along with AI-technology by the e-commerce industry in the U.S is highly enhancing the sales through this channel. These factors are further leading to the growth of the photo editing software market in this region. 
In Asia Pacific, the advancement due to the increasing web designing projects and the growth of wedding photography businesses are widely enhancing the photo editing software market in this region. Moreover, the increasing trend of pre-wedding and post-wedding photo shoots in countries like China and India is significantly leading to the rise of photo editing software market.
 
                                          
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Drivers –Photo Editing Software Market

• Use of Computational Algorithms in Photo Editing Software

The rising of computational photography along with the assistance of algorithm in photo editing software is highly enhancing the pixels which is further leading to the upgradation of the photo editing software. Moreover, the software companies are using single lens and intelligent algorithms for creating a system that captures extreme close shots of the minutest details. Thus, this upgradation of the photo editing software by using intelligent computational algorithms will further provide more equilibrium to the captured image and further drive the photo editing software market.  

• Integration of Augmented Reality & Virtual Reality in Photo Editing 

The integration of augmented reality and virtual reality in photo editing is further enabling the users to add more realistic effects to the image captured and make them more appealing. Furthermore, the use of AR/VR is providing accurate and realistic view of the image which is making it more enhanced. Using AR in photo editing enables the end-users to add realistic effects and provide an accurate and realistic view. In addition, the development of advanced depth sensors in smartphone cameras is allowing easy adoption of AR in the photo editing process. Thus, the increasing adoption of AR technology in the photo editing software will further prove to have a positive impact on the market and therefore, driving the market during the forecast period

• Presence of Facial Recognition Technology 

The presence of facial/object recognition technology is further revolutionizing the photo editing software. This technology is providing more innovative editing such as the “bokeh” effect which is enhancing the use of photo editing software. This technology is also empowered by artificial intelligence, which recognizes the face in photos and determines the age or gender. This technology also recognizes the facial features like skin and hair and makes the editing of the photo more suitable and more impressive. 

Challenges – Photo Editing Software Market

• High Cost and Lack of Availability of Free Version Software 

The Photoshop can be sometimes very expensive. Photoshop has certain abilities that makes the photos or images more accurate and appealing with the help of better technology and intelligent algorithms and other tools that is usually mostly expensive. Moreover, the upgradation of latest version also acquires high cost which further hinders the growth of the photo editing software market. Also, the lack of availability of free version software on laptops and smartphones is also major factor that poses a major challenge to the growth of the market.

Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the photo editing software market. In 2023, the market of photo editing software has been consolidated by the top ten players - ACD System International Inc., Adobe Inc., Corel Corporation, Cyberlink Corporation, Dxo Optic, Capture One A/S, MAGIX Software GmbH, On1, Inc., Serif (Europe) Ltd and Skylum

Acquisitions/Technology Launches

• In February 2022, Skylum introduces Luminar Neo, an AI-driven photo editing app featuring Relight AI, Powerline Removal, Dust Spot Removal, and optimized image editing workflows, enhancing efficiency and image quality.

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1. Photo Editing Software Market- Overview
    1.1. Definitions and Scope
2. Photo Editing Software Market- Executive Summary
    2.1. Key trends by Product Type
    2.2. Key trends by Application Type
    2.3. Key trends by Geography
3. Photo Editing Software Market- Comparative Analysis
    3.1. Company Benchmarking - Key Companies
    3.2. Global Financial Analysis - Key Companies
    3.3. Market Share Analysis - Key Companies
    3.4. Patent Analysis
    3.5. Pricing Analysis
4. Photo Editing Software Market- Start-up Companies Scenario Premium
    4.1. Key Start-up Company Analysis by
        4.1.1. Investment
        4.1.2. Revenue
        4.1.3. Venture Capital and Funding Scenario
5. Photo Editing Software Market– Market Entry Scenario Premium Premium
    5.1. Regulatory Framework Overview
    5.2. New Business and Ease of Doing Business Index
    5.3. Case Studies of Successful Ventures
6. Photo Editing Software Market- Forces
    6.1. Market Drivers
    6.2. Market Constraints
    6.3. Market Challenges
    6.4. Porter's Five Force Model
        6.4.1. Bargaining Power of Suppliers
        6.4.2. Bargaining Powers of Customers
        6.4.3. Threat of New Entrants
        6.4.4. Rivalry Among Existing Players
        6.4.5. Threat of Substitutes
7. Photo Editing Software Market– Strategic Analysis
    7.1. Value Chain Analysis
    7.2. Opportunities Analysis
    7.3. Market Life Cycle
8. Photo Editing Software Market– by Product Type (Market Size – $Million/$Billion) 
    8.1. Entry Level
    8.2. Prosumer Level
    8.3. Professional Level
9. Photo Editing Software Market– by End User (Market Size – $Million/$Billion)
    9.1. Individual
    9.2. Commercial
10. Photo Editing Software Market – by Geography (Market Size – $Million/$Billion) 
    10.1. North America
        10.1.1. U.S
        10.1.2. Canada
        10.1.3. Mexico
    10.2. Europe
        10.2.1. Germany
        10.2.2. France
        10.2.3. UK
        10.2.4. Italy
        10.2.5. Spain
        10.2.6. Belgium
        10.2.7. Netherlands
        10.2.8. Rest of Europe
    10.3. Asia-Pacific
        10.3.1. China
        10.3.2. Japan
        10.3.3. South Korea
        10.3.4. India
        10.3.5. Australia & New Zealand
        10.3.6. Indonesia
        10.3.7. Malaysia
        10.3.8. Taiwan
        10.3.9. Rest of Asia-Pacific
    10.4. South America
        10.4.1. Brazil
        10.4.2. Argentina
        10.4.3. Chile
        10.4.4. Colombia
        10.4.5. Rest of South America
    10.5. Rest of The World
        10.5.1. Middle East
        10.5.2. Africa
11. Photo Editing Software Market– Entropy
    11.1 New product launches
    11.2 M&A’s, collaborations, JVs and partnerships 

12. Photo Editing Software Market– Industry/Segment Competition Landscape Premium 
    12.1. Market Share Analysis
        12.1.1. Market Share by Product Type – Key Companies
        12.1.2. Market Share by Region – Key Companies
        12.1.3. Market Share by Country – Key Companies
    12.2. Competition Matrix
    12.3. Best Practices for Companies
13. Photo Editing Software Market– Key Company List by Country Premium Premium 
14. Photo Editing Software Market- Company Analysis
    14.1. ACD System International, Inc
    14.2. Adobe System Software Ltd
    14.3. Corel Corporation
    14.4. Cyberlink Corporation
    14.5. Dxo Optic
    14.6. Macphun
    14.7. Magix
    14.8. On1, Inc
    14.9. Serif (Europe) Ltd
    14.10. Skylum

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LIST OF TABLES

1.Global Global Photo Editing Software Market, By Type Market 2019-2024 ($M)
1.1 Entry Level Market 2019-2024 ($M) - Global Industry Research
1.2 Prosumer Level Market 2019-2024 ($M) - Global Industry Research
1.3 Professional Level Market 2019-2024 ($M) - Global Industry Research
2.Global Global Photo Editing Software Market, By End User Market 2019-2024 ($M)
2.1 Individual Market 2019-2024 ($M) - Global Industry Research
2.2 Commercial Market 2019-2024 ($M) - Global Industry Research
3.Global Global Photo Editing Software Market, By Type Market 2019-2024 (Volume/Units)
3.1 Entry Level Market 2019-2024 (Volume/Units) - Global Industry Research
3.2 Prosumer Level Market 2019-2024 (Volume/Units) - Global Industry Research
3.3 Professional Level Market 2019-2024 (Volume/Units) - Global Industry Research
4.Global Global Photo Editing Software Market, By End User Market 2019-2024 (Volume/Units)
4.1 Individual Market 2019-2024 (Volume/Units) - Global Industry Research
4.2 Commercial Market 2019-2024 (Volume/Units) - Global Industry Research
5.North America Global Photo Editing Software Market, By Type Market 2019-2024 ($M)
5.1 Entry Level Market 2019-2024 ($M) - Regional Industry Research
5.2 Prosumer Level Market 2019-2024 ($M) - Regional Industry Research
5.3 Professional Level Market 2019-2024 ($M) - Regional Industry Research
6.North America Global Photo Editing Software Market, By End User Market 2019-2024 ($M)
6.1 Individual Market 2019-2024 ($M) - Regional Industry Research
6.2 Commercial Market 2019-2024 ($M) - Regional Industry Research
7.South America Global Photo Editing Software Market, By Type Market 2019-2024 ($M)
7.1 Entry Level Market 2019-2024 ($M) - Regional Industry Research
7.2 Prosumer Level Market 2019-2024 ($M) - Regional Industry Research
7.3 Professional Level Market 2019-2024 ($M) - Regional Industry Research
8.South America Global Photo Editing Software Market, By End User Market 2019-2024 ($M)
8.1 Individual Market 2019-2024 ($M) - Regional Industry Research
8.2 Commercial Market 2019-2024 ($M) - Regional Industry Research
9.Europe Global Photo Editing Software Market, By Type Market 2019-2024 ($M)
9.1 Entry Level Market 2019-2024 ($M) - Regional Industry Research
9.2 Prosumer Level Market 2019-2024 ($M) - Regional Industry Research
9.3 Professional Level Market 2019-2024 ($M) - Regional Industry Research
10.Europe Global Photo Editing Software Market, By End User Market 2019-2024 ($M)
10.1 Individual Market 2019-2024 ($M) - Regional Industry Research
10.2 Commercial Market 2019-2024 ($M) - Regional Industry Research
11.APAC Global Photo Editing Software Market, By Type Market 2019-2024 ($M)
11.1 Entry Level Market 2019-2024 ($M) - Regional Industry Research
11.2 Prosumer Level Market 2019-2024 ($M) - Regional Industry Research
11.3 Professional Level Market 2019-2024 ($M) - Regional Industry Research
12.APAC Global Photo Editing Software Market, By End User Market 2019-2024 ($M)
12.1 Individual Market 2019-2024 ($M) - Regional Industry Research
12.2 Commercial Market 2019-2024 ($M) - Regional Industry Research
13.MENA Global Photo Editing Software Market, By Type Market 2019-2024 ($M)
13.1 Entry Level Market 2019-2024 ($M) - Regional Industry Research
13.2 Prosumer Level Market 2019-2024 ($M) - Regional Industry Research
13.3 Professional Level Market 2019-2024 ($M) - Regional Industry Research
14.MENA Global Photo Editing Software Market, By End User Market 2019-2024 ($M)
14.1 Individual Market 2019-2024 ($M) - Regional Industry Research
14.2 Commercial Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Photo Editing Software Market Revenue, 2019-2024 ($M)
2.Canada Photo Editing Software Market Revenue, 2019-2024 ($M)
3.Mexico Photo Editing Software Market Revenue, 2019-2024 ($M)
4.Brazil Photo Editing Software Market Revenue, 2019-2024 ($M)
5.Argentina Photo Editing Software Market Revenue, 2019-2024 ($M)
6.Peru Photo Editing Software Market Revenue, 2019-2024 ($M)
7.Colombia Photo Editing Software Market Revenue, 2019-2024 ($M)
8.Chile Photo Editing Software Market Revenue, 2019-2024 ($M)
9.Rest of South America Photo Editing Software Market Revenue, 2019-2024 ($M)
10.UK Photo Editing Software Market Revenue, 2019-2024 ($M)
11.Germany Photo Editing Software Market Revenue, 2019-2024 ($M)
12.France Photo Editing Software Market Revenue, 2019-2024 ($M)
13.Italy Photo Editing Software Market Revenue, 2019-2024 ($M)
14.Spain Photo Editing Software Market Revenue, 2019-2024 ($M)
15.Rest of Europe Photo Editing Software Market Revenue, 2019-2024 ($M)
16.China Photo Editing Software Market Revenue, 2019-2024 ($M)
17.India Photo Editing Software Market Revenue, 2019-2024 ($M)
18.Japan Photo Editing Software Market Revenue, 2019-2024 ($M)
19.South Korea Photo Editing Software Market Revenue, 2019-2024 ($M)
20.South Africa Photo Editing Software Market Revenue, 2019-2024 ($M)
21.North America Photo Editing Software By Application
22.South America Photo Editing Software By Application
23.Europe Photo Editing Software By Application
24.APAC Photo Editing Software By Application
25.MENA Photo Editing Software By Application
26.Adobe System Software Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Serif Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Corel Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Cyberlink Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Dxo Optic, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Acd System International, Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.On1, Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Macphun, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Magix, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Zoner, Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)