Digital Content Creation Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024
Albany, NY -- (SBWIRE) -- 01/04/2017 -- Transparency Market Research explores the depths of digital content and its demand in "Digital Content Creation Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024." With the humongous strides that the world of technology and digital media are taking today, the global digital content creation market takes a key spotlight and may continue to do so over the coming years.
The leading factor attributed to the growth of the global digital content creation market is astronomical growth rate in the use of smart devices. The number of users that own consumer electronics such as tablets, laptops, and smartphones with Internet connectivity is giant and is creating a heavy demand for a faster rate of creation of digital media. This works at two levels: the growing number of consumers connected through digital creates a high rate of penetration for digital media.
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At the same time, this high use of consumer electronics has significantly boosted the ecommerce industry, further increasing the demand for digital content creation from online shopping portals. Ecommerce portals are showing a massive demand for digital content as a means to promote their products and catalogs. Moreover, the improving quality of Internet speeds across the world is giving rise to a greater demand for rich media content as users are capable of accessing them and are more appealed by them. The creation of rich media content has been taken up by many large-scale enterprises due to the high level of impact that they have on consumers. The deployment of rich digital content through cloud computing platforms further increases the speed of use of digital content. Owners of cloud platforms are able to provide virtual storage for companies and users can access this digital content at much faster rates.
The key end users of the global digital content creation market include hospitality, retail, museums and art, manufacturing, public and government, education, healthcare, and media and entertainment.
North America leads the global digital content creation market in terms of demand, owing to a large number of internet-savvy consumers and a heavy presence of IT and promotional companies. Europe takes second place in the rate of adoption of digital content creation means. However, the future of the global digital content creation market is expected to rely heavily on the rapid growth rates in digital technologies and an improving quality of internet connectivity. These things are found in abundance in the regions of Asia Pacific and Latin America.
The key players involved in the global digital content creation market include Adobe Systems Incorporated, Microsoft Corporation, Corel Corporation, Acrolinx GmbH, Magix GmbH, Apple, Inc., Avid Technology, Inc., and Arcsoft, Inc.