Press Release
Press Release
The global digital content creation market is driven by the growing digital infrastructure, coupled with a surge in the number of smartphone users. The growing penetration of the internet is supporting the market for digital content creation. According to the World Bank, the number of individuals using the internet globally has increased from 40% in 2015 to 63% in 2021. In addition, the increasing adoption of 5G technology is paving the way for growth in digital content creation, with faster access and reduced latency.
In addition, significant adoption of social media globally is supporting digital content creation and is especially providing a boost to the short-form video content. Some of the most popular social media platforms are Facebook, WhatsApp, Instagram, YouTube, WeChat, and TikTok. About 4.95 billion people around the world use social media, with an average daily time spent totaling 2h 24m.
North America and the Asia Pacific are expected to hold a significant share of the global digital content creation market. The market is witnessing growth due to the rapid evolution of digital ecosystems and the expansion of social media platforms in these regions. The USA is home to several leading social media tool developers like Meta Platforms Inc (NASDAQ: META), Alphabet Inc. (NASDAQ: GOOG), and Twitter Inc., among others.
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The major players in the digital content creation market are Adobe Inc., Corel Corporation., MarketMuse, Inc., Quark Software Inc., Acrolinx GmbH., Aptara Inc., Avid Technology, Inc., PicsArt, Inc., Integra Software Services Pvt. Ltd., and Canva, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Component |
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Breakup by Content Format |
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Breakup by Deployment Type |
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Breakup by Organisation Size |
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Breakup by End Use |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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