Content Creation Market 2022 Global Trends, Share, Growth, Analysis, Opportunities and Forecast to 2030 – Shanghaiist
The process of generating ideas and obtaining information from any medium in some contexts is known as content creation. Audio or video files, animations, text, photographs and graphics are all examples of content creation.
It also allows the business to communicate with its traffic audience, which helps build brand scalability, thus propelling the demand for content creation.
The major drivers for the growth of the global content creation market are an increase in IT spending, the introduction of cloud computing and the acceptance of AI.
The global content creation market is valued at USD 13.80 billion in 2022 and is projected to reach a value of USD 34.16 billion by 2030, growing at a CAGR of 12%.
Drivers of the global content creation market include decreasing data storage costs and expanding e-commerce business platforms.
Falling content creation prices, growing smartphone and tablet user bases, growing internet penetration and increased use of digital marketing tools are likely to positively impact the market. .
To attract potential customers, the players are focusing on the development and implementation of digital strategies, enabling the expansion of the content creation market share.
Content creation tools and services are essential for generating content to meet the needs of organizations.
For more information, download a free sample of the Content Creation Marketplace: https://wemarketresearch.com/sample-request/content-creation-market/208/
Main trends in this market:
Widespread use of social media platforms:
The creation, publication of digital material and distribution is facilitated by content production software, which is driving the demand for content creation worldwide. The widespread use of social media platforms such as Instagram, Twitter, Facebook, and LinkedIn, among others, opens up a wide variety of opportunities in the content creation market.
Lack of open source software;
The lack of open source software, on the other hand, is a major impediment to expanding the size of the content creation market. Additionally, content creation market trends are expected to advance owing to increasing digitalization, increased use of social media marketing, and increased availability of high-speed internet connectivity.
The growing importance of customer engagement and appropriate advertising on the Internet is likely to fuel content development activity. As a result, the global content development market is growing.
- Adobe Systems Incorporated
- Aptara Inc.
- Acrolinx GmbH
- Apple Inc.
- Corel Company
- Integra Software Services Pvt. ltd.
- MarketMuse, Inc.
- Microsoft Corporation
- Quark Software, Inc.
Segmented analysis of this market:
Based on content format
Based on tool type
- Cloud-based or web-based content creation tools
- On-site content creation tool
The cloud-based segment is expected to hold 72.4% of the content creation market share.
Based on company size
- Small and medium enterprises
- Large companies
The large enterprise segment is expected to dominate the market.
Based on end user
- IT and Telecom
- travel and hospitality
- Health care
- Media and entertainment
The IT and telecommunications segment is expected to lead the content creation market
Based on region
o United States
o United Kingdom
o South Korea
o Saudi Arabia
o South Africa
North America accounts for the largest share of market revenue during the forecast period. It is mainly attributed to the increased use of content creation tools and services in emerging countries.
- Magisto’s Emotion Sense Technology (EST) is an AI-based processing system that allows users to turn their photo and video collections into high-quality movies with Hollywood-style suspense.
- Acrolinx GmbH, a provider of AI software for enterprise digital content development, announced the majority acquisition of Genui GmbH, which will likely help the global content creation market grow even further.
Main questions answered by the report:
- What are the major issues, growth factors and trends in this market?
- Which major companies are contributing to the growth of this market?
- Which regional segment accounts for the largest revenue share in this market?
Main findings of the report:
o Deep-insights on regional analysis as well as other segmental analysis.
o Market challenges, trends and growth factors.
o The global content creation market is valued at USD 13.80 billion in 2022 and is expected to reach a value of USD 34.16 billion by 2030, growing at a CAGR of 12%.
About We Market Research
We Market Research is an established market analysis and research company with domain experience spanning different industries. We have worked on multi-county market research since our inception. Over time, since our existence, we have won laurels for our deep-rooted market research and insightful analysis of various markets.
Our strategic market analysis and ability to understand the deep cultural, conceptual and social aspects of various intertwined markets has helped us gain a foothold in the industry. We Market Research is a forerunner in helping many businesses; both regionally and internationally to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of designing market strategies that ensure guaranteed customer bases for our clients.