The graphic designing software global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Graphic Designing Software Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The graphic designing software market size has grown rapidly in recent years. It will grow from $7.57 billion in 2023 to $8.43 billion in 2024 at a compound annual growth rate (CAGR) of 11.3%. The growth in the historic period can be attributed to stringent regulatory compliance, growth in healthcare expenditure, increased focus on patient safety, rise in diagnostic testing and healthcare services, globalization of clinical trials, demand for traceability in supply chain..
The graphic designing software market size is expected to see strong growth in the next few years. It will grow to $12.21 billion in 2028 at a compound annual growth rate (CAGR) of 9.7%. The growth in the forecast period can be attributed to continued regulatory requirements, advancements in material science, focus on sustainability and eco-friendly labels, increased adoption of rfid and smart labels, global collaboration in clinical research, personalized medicine trends.. Major trends in the forecast period include increasing adoption of rfid technology, rising emphasis on sustainable labeling, integration of smart labels for data management, customization and personalization of labels, stringent regulatory compliance requirements, adoption of color-coded labeling systems..
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Scope Of Graphic Designing Software Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Graphic Designing Software Market Overview
Market Drivers –
The increasing demand for visual content is expected to propel the growth of the graphic design software market going forward. Visual content refers to online content that is predominantly image-based. Graphic design software is used to create and manipulate visual content to empower them to bring ideas to life, communicate messages effectively, and contribute to the overall aesthetics of various media forms. For instance, in December 2023, according to Venngage Inc., a Canada-based software company, around 40% of marketers expect 20–50% of firms will rely substantially on visual content by the end of 2024, with 31.43% expecting more than 50%. Therefore, the increasing demand for visual content is driving the growth of the graphic design software market.
Market Trends –
Major companies in the graphic designing software market are focused on adopting cloud-based solutions, such as the freemium creative suite, to provide more accessible and affordable design tools and gain a competitive edge in the market. A freemium creative suite is a software package offering basic features for free, with advanced capabilities available through a premium subscription. For instance, in December 2021, Adobe, a US-based developer of printing, publishing, and graphics software, launched Creative Cloud Express. It’s a web and mobile app that makes it easy for anyone to create and share beautiful multimedia content, even without prior design experience. It is integrated with Adobe Firely AI that generate unique designs, remove image backgrounds, and resize content for different platforms.
The graphic designing software market covered in this report is segmented –
1) By Software Type: Vector Graphics Editing Software, Raster Graphics Editing Software, Desktop Publishing (DTP) Software, UI/UX Design Software, 3D Modeling and Animation Software
2) By Deployment Type: On-Premises, Cloud-Based
3) By End-User: Marketing And Advertising, Media And Entertainment, E-Commerce, Education, Web Design and Development, Print And Publishing
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Regional Insights –
North America was the largest region in the graphic designing software market in 2023. The regions covered in the graphic designing software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the graphic designing software market report are Wacom, Adobe Inc, Sketch, Autodesk Inc, Canva, Figma, Corel Corporation, Celsys Inc, Serif (Affinity), Pixlr, InVisionApp Inc, Quark Software Inc, Xara Group Ltd, Procreate, DesignCrowd, Venngage Inc, Vectr, PaintShop Pro, ArtRage, Gravit Designer, Pixelmator, BeFunky Inc, Snappa, Lucidpress Inc, Crello, Blender Foundation, GIMP (GNU Image Manipulation Program), ACDSee Photo Editor, CyberLink PhotoDirector, Krita Foundation
Table of Contents
1. Executive Summary
2. Graphic Designing Software Market Report Structure
3. Graphic Designing Software Market Trends And Strategies
4. Graphic Designing Software Market – Macro Economic Scenario
5. Graphic Designing Software Market Size And Growth
…..
27. Graphic Designing Software Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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