The audio and video editing software market in Europe is expected to grow from US$ 692.97 million in 2022 to US$ 1,002.87 million by 2028. It is estimated to grow at a CAGR of 6.4% from 2022 to 2028.

Rising Adoption of Visual Effects (VFX) in Entertainment Industry

Technology advancement has boosted visual effects (VFX) in big-budget and independent films. With VFX technology in film and television, video games, and marketing, the industry has revolutionized to a new level. Over the last few decades, visual effects (VFX) have radically changed the media and entertainment industries. VFX was first employed in movies, but the television business has now adopted it to enrich the plot and creative vision and transmit the intended notion to viewers. Many filmmakers seek high-quality movies with engaging visual effects and realistic animations in response to worldwide consumers’ demand for engaging high-definition visual experiences. Several studios are currently integrating more animation and VFX shots to meet filmmakers’ requirements. In this case, audio and video editing software are essential for depicting the needed scene, which must seem realistic. VFX, like animation, is a broad term that refers to producing visual effects using the camera mapping approach. Still, photos are acquired and processed using various video editing tools, which necessitates audio and video editing software. Furthermore, the VFX method acceptance rate is quickly increasing, creating new professional opportunities for animators and visual effect artists. This gives a lot of impetus to the employment of audio and video editing techniques in the entertainment business, driving the overall growth of the Europe audio and video editing software market.

Market Overview

Germany, the UK, France, Italy, Russia, and rest of Europe are the key contributors to the audio and video editing software market in the Europe. The rise in the media and advertising industry is a major factor driving the Europe audio and video editing software market in Europe. The shift from traditional TV advertising to new animated advertising has been underway in Western Europe for several years, fueled by the region’s relatively high internet penetration. Digital media continues to transform the European advertising scene. In 2020, based on the report by the European Commission trade, European digital advertising spending reached nearly US$ 82 billion, triple from 2010. This steady increase in advertising investment is more impressive given that the European advertising industry has suffered various setbacks amid the pandemic. Furthermore, music is an important pillar of European culture and perhaps the cultural and creative field with the widest influence. It is an integral part of Europe’s cultural diversity. Based on the report by IMPALA, a national association representing over 5000 independent music companies in 30 European countries, Europe accounts for almost a third of all recorded global revenues. Studies claim that Europe’s share of the global recorded music market in 2021 was 30.1%, with total revenue of US$ 7.8 billion, an increase of 15.4% compared to the previous year. These musical industry players are one of the major end users of this software as they use music production and other promotional activities. The region also hosts many music festivals and events, propelling the Europe audio and video editing software market.

Europe Audio and Video Editing Software Market Segmentation

The Europe audio and video editing software market is segmented into component, deployment, end user, and country.

Based on component, the market is bifurcated into software and services. The software segment registered the larger market share in 2022. The software segment is further sub segmented into audio editing software and video editing software.

Based on deployment, the market is bifurcated into on-premise and cloud. The on-premise segment held a larger market share in 2022.

Based on end user, the market is bifurcated into personal and commercial. The commercial segment held the larger market share in 2022.

Based on country, the market is segmented into Germany, the UK, France, Italy, Russia, and rest of Europe. The UK dominated the market share in 2022.

Adobe; Apple Inc; Avid Technology, Inc; LWKS.COM (LIGHTWORKS); Movavi Software Limited; Steinberg Media Technologies GmbH; Ableton; Animoto Inc; Autodesk Inc; LONGTAIL ad Solution, Inc (JW Player); MAGIX Software GmbH; Native Instruments; Serato; Sony Corporation; Splice.Com; TechSmith Corporation; TRACKLIB; and The Pixel Farm are the leading companies operating in the audio and video editing software market in the region.

TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Europe Audio and Video Editing Software Market – By Component
1.3.2 Europe Audio and Video Editing Software Market – By Deployment
1.3.3 Europe Audio and Video Editing Software Market – By End Use
1.3.4 Europe Audio and Video Editing Software Market- By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Audio and Video Editing Software Market Landscape
4.1 Market Overview
4.2 Europe PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Europe Audio and Video Editing Software –Market Dynamics
5.1 Market Drivers
5.1.1 Rising Adoption of Visual Effects (VFX) in Entertainment Industry
5.1.2 Surge in Demand due to Popularity of Online Video Content Across Social Media Platforms
5.1.3 Versatile benefits of Video Editing Software and Functional Requirements
5.2 Market Restraints
5.2.1 Availability of Open-Source Audio and Video Editing Software
5.3 Market Opportunities
5.3.1 Integration of Virtual Reality (VR) Technology
5.4 Future Trends
5.4.1 Rising Demand for Animated Content in Education Sector
5.5 Impact Analysis of Drivers and Restraints
6. Audio and Video Editing Software Market – Europe Analysis
6.1 Europe Audio and Video Editing Software Market Overview
6.2 Europe Audio and Video Editing Software Market – Revenue and Forecast to 2028 (US$ Million)
7. Europe Audio and Video Editing Software Market Revenue and Forecast to 2028 – Component
7.1 Overview
7.2 Europe Audio and Video Editing Software Market, By Component (2021 And 2028)
7.3 Software
7.3.1 Overview
7.3.2 Software: Audio and Video Editing Software Market Revenue and Forecast To 2028 (US$ Million)
7.3.3 Audio Editing Software
7.3.4 Audio Editing Software: Audio and Video Editing Software Market Revenue and Forecast To 2028 (US$ Million)
7.3.5 Video Editing Software
7.3.6 Video Editing Software: Audio and Video Editing Software Market Revenue and Forecast To 2028 (US$ Million)
7.4 Services
7.4.1 Overview
7.4.2 Services: Audio and Video Editing Software Market Revenue and Forecast To 2028 (US$ Million)
8. Europe Audio and Video Editing Software Market Revenue and Forecast to 2028 – Deployment
8.1 Overview
8.2 Europe Audio and Video Editing Software Market, By Deployment (2021 And 2028)
8.3 On Premise
8.3.1 Overview
8.3.2 On Premise: Audio and Video Editing Software Market Revenue and Forecast To 2028 (US$ Million)
8.4 Cloud
8.4.1 Overview
8.4.2 Cloud: Audio and Video Editing Software Market Revenue and Forecast To 2028 (US$ Million)
9. Europe Audio and Video Editing Software Market Revenue and Forecast to 2028 – End User
9.1 Overview
9.2 Europe Audio and Video Editing Software Market, By End User (2021 And 2028)
9.3 Personal
9.3.1 Overview
9.3.2 Personal: Audio and Video Editing Software Market Revenue and Forecast To 2028 (US$ Million)
9.4 Commercial
9.4.1 Overview
9.4.2 Commercial: Audio and Video Editing Software Market Revenue and Forecast To 2028 (US$ Million)
10. Europe Audio and Video Editing Software Market – Country Analysis
10.1 Overview
10.1.1 Europe: Audio and Video Editing Software Market, By Country
10.1.1.1 Germany: Audio and Video Editing Software Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 Germany: Audio and Video Editing Software Market, By Component
10.1.1.1.2 Germany: Audio and Video Editing Software Market, By Software
10.1.1.1.3 Germany: Audio and Video Editing Software Market, By Deployment
10.1.1.1.4 Germany: Audio and Video Editing Software Market, By End-User
10.1.1.2 France: Audio and Video Editing Software Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 France: Audio and Video Editing Software Market, By Component
10.1.1.2.2 France: Audio and Video Editing Software Market, By Software
10.1.1.2.3 France: Audio and Video Editing Software Market, By Deployment
10.1.1.2.4 France: Audio and Video Editing Software Market, By End-User
10.1.1.3 Italy: Audio and Video Editing Software Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Italy: Audio and Video Editing Software Market, By Component
10.1.1.3.2 Italy: Audio and Video Editing Software Market, By Software
10.1.1.3.3 Italy: Audio and Video Editing Software Market, By Deployment
10.1.1.3.4 Italy: Audio and Video Editing Software Market, By End-User
10.1.1.4 UK: Audio and Video Editing Software Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.4.1 UK: Audio and Video Editing Software Market, By Component
10.1.1.4.2 UK: Audio and Video Editing Software Market, By Software
10.1.1.4.3 UK: Audio and Video Editing Software Market, By Deployment
10.1.1.4.4 UK: Audio and Video Editing Software Market, By End-User
10.1.1.5 Russia: Audio and Video Editing Software Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.5.1 Russia: Audio and Video Editing Software Market, By Component
10.1.1.5.2 Russia: Audio and Video Editing Software Market, By Software
10.1.1.5.3 Russia: Audio and Video Editing Software Market, By Deployment
10.1.1.5.4 Russia: Audio and Video Editing Software Market, By End-User
10.1.1.6 Rest of Europe: Audio and Video Editing Software Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.6.1 Rest of Europe: Audio and Video Editing Software Market, By Component
10.1.1.6.2 Rest of Europe: Audio and Video Editing Software Market, By Software
10.1.1.6.3 Rest of Europe: Audio and Video Editing Software Market, By Deployment
10.1.1.6.4 Rest of Europe: Audio and Video Editing Software Market, By End-User
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
11.4 Merger and Acquisition
12. Company Profiles
12.1 Adobe
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 Apple 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 Avid Technology, 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 LWKS.COM (LIGHTWORKS)
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 Movavi Software Limited
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 Steinberg Media Technologies GmbH
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
12.7 ABLETON
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Animoto Inc.
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Autodesk Inc.
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 LONGTAIL AD SOLUTIONS, INC (JW PLAYER)
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
12.11 MAGIX SOFTWARE GmbH
12.11.1 Key Facts
12.11.2 Business Description
12.11.3 Products and Services
12.11.4 Financial Overview
12.11.5 SWOT Analysis
12.11.6 Key Developments
12.12 NATIVE INSTRUMENTS
12.12.1 Key Facts
12.12.2 Business Description
12.12.3 Products and Services
12.12.4 Financial Overview
12.12.5 SWOT Analysis
12.12.6 Key Developments
12.13 SERATO
12.13.1 Key Facts
12.13.2 Business Description
12.13.3 Products and Services
12.13.4 Financial Overview
12.13.5 SWOT Analysis
12.13.6 Key Developments
12.14 Sony Corporation
12.14.1 Key Facts
12.14.2 Business Description
12.14.3 Products and Services
12.14.4 Financial Overview
12.14.5 SWOT Analysis
12.14.6 Key Developments
12.15 SPLICE.COM
12.15.1 Key Facts
12.15.2 Business Description
12.15.3 Products and Services
12.15.4 Financial Overview
12.15.5 SWOT Analysis
12.15.6 Key Developments
12.16 TECHSMITH CORPORATION
12.16.1 Key Facts
12.16.2 Business Description
12.16.3 Products and Services
12.16.4 Financial Overview
12.16.5 SWOT Analysis
12.16.6 Key Developments
12.17 THE PIXEL FARM
12.17.1 Key Facts
12.17.2 Business Description
12.17.3 Products and Services
12.17.4 Financial Overview
12.17.5 SWOT Analysis
12.17.6 Key Developments
12.18 TRACKLIB
12.18.1 Key Facts
12.18.2 Business Description
12.18.3 Products and Services
12.18.4 Financial Overview
12.18.5 SWOT Analysis
12.18.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index

LIST OF TABLES
Table 1. Europe Audio and Video Editing Software Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. Germany Audio and Video Editing Software Market, By Component– Revenue and Forecast to 2028 (US$ Million)
Table 3. Germany Audio and Video Editing Software Market, By Software– Revenue and Forecast to 2028 (US$ Million)
Table 4. Germany Audio and Video Editing Software Market, By Deployment– Revenue and Forecast to 2028 (US$ Million)
Table 5. Germany Audio and Video Editing Software Market, By End-User – Revenue and Forecast to 2028 (US$ Million)
Table 6. France Audio and Video Editing Software Market, By Component– Revenue and Forecast to 2028 (US$ Million)
Table 7. France Audio and Video Editing Software Market, By Software– Revenue and Forecast to 2028 (US$ Million)
Table 8. France Audio and Video Editing Software Market, By Deployment– Revenue and Forecast to 2028 (US$ Million)
Table 9. France Audio and Video Editing Software Market, By End-User – Revenue and Forecast to 2028 (US$ Million)
Table 10. Italy Audio and Video Editing Software Market, By Component– Revenue and Forecast to 2028 (US$ Million)
Table 11. Italy Audio and Video Editing Software Market, By Software– Revenue and Forecast to 2028 (US$ Million)
Table 12. Italy Audio and Video Editing Software Market, By Deployment– Revenue and Forecast to 2028 (US$ Million)
Table 13. Italy Audio and Video Editing Software Market, By End-User – Revenue and Forecast to 2028 (US$ Million)
Table 14. UK Audio and Video Editing Software Market, By Component– Revenue and Forecast to 2028 (US$ Million)
Table 15. UK Audio and Video Editing Software Market, By Software– Revenue and Forecast to 2028 (US$ Million)
Table 16. UK Audio and Video Editing Software Market, By Deployment– Revenue and Forecast to 2028 (US$ Million)
Table 17. UK Audio and Video Editing Software Market, By End-User – Revenue and Forecast to 2028 (US$ Million)
Table 18. Russia Audio and Video Editing Software Market, By Component– Revenue and Forecast to 2028 (US$ Million)
Table 19. Russia Audio and Video Editing Software Market, By Software– Revenue and Forecast to 2028 (US$ Million)
Table 20. Russia Audio and Video Editing Software Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 21. Russia Audio and Video Editing Software Market, By End-User – Revenue and Forecast to 2028 (US$ Million)
Table 22. Rest of Europe Audio and Video Editing Software Market, By Component– Revenue and Forecast to 2028 (US$ Million)
Table 23. Rest of Europe Audio and Video Editing Software Market, By Software– Revenue and Forecast to 2028 (US$ Million)
Table 24. Rest of Europe Audio and Video Editing Software Market, By Deployment– Revenue and Forecast to 2028 (US$ Million)
Table 25. Rest of Europe Audio and Video Editing Software Market, By End-User – Revenue and Forecast to 2028 (US$ Million)
Table 26. List of Abbreviation

LIST OF FIGURES
Figure 1. Europe Audio and Video Editing Software Market Segmentation
Figure 2. Europe Audio and Video Editing Software Market Segmentation – By Country
Figure 3. Europe Audio and Video Editing Software Market Overview
Figure 4. Europe Audio and Video Editing Software Market, By Component
Figure 5. Europe Audio and Video Editing Software Market, By Software
Figure 6. Europe Audio and Video Editing Software Market, By Deployment
Figure 7. Europe Audio and Video Editing Software Market, By End User
Figure 8. Europe Audio and Video Editing Software Market, By Country
Figure 9. Europe: PEST Analysis
Figure 10. Europe Audio and Video Editing Software Market– Ecosystem Analysis
Figure 11. Expert Opinion
Figure 12. Europe Audio and Video Editing Software Market: Impact Analysis of Drivers and Restraints
Figure 13. Europe Audio and Video Editing Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. Europe Audio and Video Editing Software Market, By Component (2021 and 2028)
Figure 15. Europe Software: Audio and Video Editing Software Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. Europe Audio Editing Software: Audio and Video Editing Software Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. Europe Video Editing Software: Audio and Video Editing Software Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. Europe Services: Audio and Video Editing Software Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. Europe Audio and Video Editing Software Market, By Deployment (2021 and 2028)
Figure 20. Europe On Premise: Audio and Video Editing Software Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. Europe Cloud: Audio and Video Editing Software Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. Europe Audio and Video Editing Software Market, By End User (2021 and 2028)
Figure 23. Europe Personal: Audio and Video Editing Software Market Revenue and Forecast to 2028 (US$ Million)
Figure 24. Europe Commercial: Audio and Video Editing Software Market Revenue and Forecast to 2028 (US$ Million)
Figure 25. Europe: Audio and Video Editing Software Market, By Country- Revenue (2021) (US$ Million)
Figure 26. Europe: Audio and Video Editing Software Market Revenue Share, By Country (2021 and 2028)
Figure 27. Germany: Audio and Video Editing Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. France: Audio and Video Editing Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. Italy: Audio and Video Editing Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. UK: Audio and Video Editing Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. Russia: Audio and Video Editing Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. Rest of Europe: Audio and Video Editing Software Market – Revenue and Forecast to 2028 (US$ Million)

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe audio and 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 Europe audio and 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 Europe market trends and outlook coupled with the factors driving the audio and 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

The List of Companies – Europe Pacific Audio and Video Editing Software Market

● Adobe
● Apple Inc.
● Avid Technology, Inc.
● LWKS.COM (LIGHTWORKS)
● Movavi Software Limited
● Steinberg Media Technologies GmbH
● Ableton
● Animoto Inc
● Autodesk Inc.
● LONGTAIL ad Solution, Inc (JW Player)
● MAGIX Software GmbH
● Native Instruments
● Serato
● Sony Corporation
● Splice.Com
● TechSmith Corporation
● The Pixel Farm
● TRACKLIB

At 6.4% CAGR, the Europe Audio and Video Editing Software Market is speculated to be worth US$ 1,002.87 million by 2028, says The Insight Partners

According to the Insight Partners’ research, the Europe audio and video editing software market was valued at US$ 692.97 million in 2022 and is expected to reach US$ 1,002.87 million by 2028, registering an annual growth rate of 6.4% from 2022 to 2028. Surge in demand due to popularity of online video content across social media platforms and rising adoption of visual effects (VFX) in entertainment industry are the critical factors attributed to the market expansion.

The recent rise in the popularity of various social media platforms and subsequently transition of marketing and advertisement spending, converging on these platforms, gained unprecedented traction, especially in the past few years. Furthermore, the rising trend of social media influencers and professional video bloggers, along with a notable rise in the number of online video content-based sellers, have powered the growth of creative video content. As a result, the continuous demand for improved and quality audio and video content has subsequently facilitated the penetration of professional audio and video editing software applications among the growing end user base, and thus anticipated the growth of the overall audio and video editing software market. In addition, several market players operating in the market have launched numerous smartphone-specific software applications targeted at fast-growing customer bases with customized dashboards for swift audio and video editing solutions. Hence, the popularity of online video content-based customer bases, such as content sellers, advertisers, influencers, and others, is projected to provide numerous lucrative growth opportunities for the market players in the coming years. However, professional media production houses, such as entertainment industries, media, broadcasting, and educational institutes, continue to be one of the biggest end users of audio and video editing software solutions. The large end user base continues providing growth opportunities to market players.

On the contrary, availability of open-source audio and video editing software hurdles the growth of Europe audio and video editing software market.

Based on component, the market is bifurcated into software and services. The software segment held 82.6% market share in 2022, amassing US$ 572.17 million. It is projected to garner US$ 813.58 million by 2028 to expand at 6.0% CAGR during 2022–2028. The software segment is further sub segmented into audio editing software and video editing software.

Based on deployment, the market is bifurcated into on-premise and cloud. The on-premise segment held 72.5% market share in 2022, amassing US$ 502.06 million. It is projected to garner US$ 710.66 million by 2028 to expand at 6.0% CAGR during 2022–2028.

Based on end user, the market is bifurcated into personal and commercial. The commercial segment held 78.3% market share in 2022, amassing US$ 542.33 million. It is projected to garner US$ 776.60 million by 2028 to expand at 6.2% CAGR during 2022–2028.

Based on country, the Europe audio and video editing software market has been categorized into Germany, the UK, France, Italy, Russia, and rest of Europe. Our regional analysis states that the UK captured 24.6% market share in 2022. It was assessed at US$ 170.42 million in 2022 and is likely to hit US$ 233.27 million by 2028, exhibiting a CAGR of 5.4% during the forecast period.

Key players dominating the Europe audio and video editing software market are Adobe; Apple Inc; Avid Technology, Inc; LWKS.COM (LIGHTWORKS); Movavi Software Limited; Steinberg Media Technologies GmbH; Ableton; Animoto Inc; Autodesk Inc; LONGTAIL AD Solution, Inc (JW Player); MAGIX Software GmbH; Native Instruments; Serato; Sony Corporation; Splice.Com; TechSmith Corporation; TRACKLIB; and The Pixel Farm, among others.

• Dec-2021, Adobe has launched Creative Cloud Express, a unified task-based web and mobile product. The product simplifies the creation and sharing of great multimedia content, from social media posts and stories to invitations and marketing materials such as logos, flyers, and banners. Creative Cloud Express enables drag and drop content creation, allowing any user to share their content with just a few clicks. Furthermore, Creative Cloud Express offers thousands of high-quality templates.