The Digital Content Creation Global Market Report 2023, provides comprehensive information on the digital content creation market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Digital Content Creation Global Market Report 2023, the global digital content creation market size is expected to grow from $21.62 billion in 2022 to $24.72 billion in 2023 at a compound annual growth rate (CAGR) of 14.36%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global digital content creation market size is expected to reach $14.39 billion in 2027 at a CAGR of 14.3%.
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Technological advancement is the key trend that is gaining popularity in the digital content creation market. Major companies operating in the digital content creation market are focused on developing technologically advanced products to strengthen their position in the market. For instance, in February 2023, Knorish Frameworks Private Limited, an India-based unlisted private company providing technology solutions to help professionals and businesses, introduced FunnelsGPT, an artificial intelligence content creation tool to assist organizations in developing better and faster content. FunnelsGPT is powered by predictive generative text-based AI technology that supplies course designers in an organization with high-conversion landing page material, appealing social media posts, and compelling ad copy to help them build their online presence and improve conversion rates. Additionally, it can scour various content pieces, provide exceptional solutions in seconds, and allow developers to write better content for marketing and promoting activities.
The digital content creation market is segmented:
1) By Components: Tools, Services
2) By Format: Textual, Graphical, Video, Audio, Other Format
3) By Deployment: Cloud, On-premises
4) By Organization Size: Small and Medium Enterprises, Large Enterprises
5) By End-user: Hospitality, Retail, Automotive, Travel and Tourism, Healthcare, Pharmaceuticals, Media and Entertainment, Government, Other End-users
North America was the largest region in the digital content creation market in 2022.
The table of contents in TBRC’s digital content creation market report includes:
1. Executive Summary
2. Digital Content Creation Market Characteristics
3. Digital Content Creation Market Trends And Strategies
4. Digital Content Creation Market – Macro Economic Scenario
5. Digital Content Creation Market Size And Growth
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26. Africa Digital Content Creation Market
27. Digital Content Creation Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Digital Content Creation Market
29. Digital Content Creation Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
- Microsoft Corporation
- PicsArt Inc
- Adobe Systems Incorporated
- Corel Corporation
- Acrolinx GmbH
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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