Digital Audio Workstation Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast

Digital Audio Workstation Market Global Trends, Market Share, Industry Size,
Growth, Opportunities, and Market Forecast 2019 to 2026
Global Digital Audio Workstation Market is estimated to value over USD 12 billion by
2026 end and grow at a CAGR of over 7.5% during the forecast period 2019 to 2026.
Digital audio workstation (DAW) is an electronic network, drafted fundamentally to
facilitate recording, editing, and playing back digital audio files. Due to technological
advancements, these processes have become smoother than ever. The media and
entertainment sectors use a wide variety of active digital audio workstations. Thus,
the digital audio workstations market is predicted to witness strong growth in the
forecast period. Software used to produce music is also popularly known as a digital
audio workshop (DAW), is widely employed for digital recording, musical
composition, creating electronic music, and other musical applications.
Based on the component, the digital audio workstations market is divided into
software and services. The software segment has held significant market share
globally and is projected to maintain the same over the forecast period. This segment
is estimated to witness robust growth over the forecast period due to its huge
consumer base in North America and Europe region. On the other hand, the
operating system segment is also estimated to witness healthy growth over the
projected time frame due to its increasing application in different end-use sectors.
The MAC segment is also speculated to register healthy growth and expansion.
Increasing adoption of Mac services in recording and editing digital audio files is
expected to propel the demand over the forecast period. Mac provides a better
collective solution for numerous users, given its excellent build quality and stability.
Based on deployment, the cloud is one of the most favoured segments of digital
audio workstations and is evolving steadily due to the increasing number of users in
different end-use industries.
An extensive base of existing users across North America region is anticipated to
generate maximum revenue for the digital audio workstations market over the
forecast period. Europe and South America are anticipated to follow a similar trend.
Further, Middle East & Africa is forecasted to witness significant CAGR growth after
South America and APAC.
Attracted by this thriving market and underlying embryonic demand, many small
scale and large scale enterprises are driven to invest in the market for digital audio
workstations software and services. Product innovation and up-gradation of research
and development are constantly taking place in the digital audio workstations
market. Major firms working in the global digital audio workstations market are
Apple (US), Adobe (US), Avid (US), Ableton (Germany), Steinberg (Germany), MOTU
(US), Acoustica (US).
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Digital Audio Workstation Market: Segmentation
By Type
• Recording
• Editing
• Mixing
By Component
• Software
• Services
• Managed Services
By Deployment Model
• Cloud
• On-premise
• Operating System
• Android
• Linux
By End User
• Professional/Audio Engineers and Mixers
• Electronic Musicians
• Music Studios
By Region:
• Europe
• North America
• Latin America
• Rest of World
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Competitive Landscape:
• Tier 1 players- established companies in the market with a major market share
• Tier 2 players
• Emerging players which are growing rapidly
• New Entrants
FutureWise Takeaways
• Growth prospects
• SWOT analysis
• Key trends
• Key data points affecting market growth
Objectives of the Study:
• To provide an exhaustive analysis on Global Digital Audio Workstation Market by
type, by component, by deployment model, by end user and by Region
• To cater comprehensive information on factors impacting market growth
(drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions (along with countries)—North
America, Europe, Asia Pacific, Latin America, and the Middle East.
• To record evaluate and competitive landscape mapping- product launches,
technological advancements, mergers and expansions
• Profiling of companies to evaluate their market shares, strategies, financials and
core competencies
Table of Contents
1: Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.4 Years Considered for the Study
1.5 Currency Considered
1.6 Stakeholders
2: Research Methodology
2.1 Research Data
2.2 Research Assumptions and Limitations
2.3 Limitations
3: Executive Summary
4: Premium Insights
4.1 Attractive Opportunities in the Digital Audio Workstation Market
4.2 Market: Market Share, By Region
4.3 Market, By Deployment Model
4.4 Market in Europe: Top 3 Operating Systems and Countries
5: Market Overview and Industry Trends
5.1 Introduction
5.2 Market Dynamics
5.3 Industry Trends
6: Digital Audio Workstation Market, By Component
6.1 Introduction
6.2 Software
6.3 Services
7: Market, By Type
7.1 Introduction
7.2 Editing
7.3 Mixing
7.4 Recording
8: Market, By Operating System
8.1 Introduction
8.2 MAC
8.3 Windows
8.4 Android
8.5 Linux
9: Digital Audio Workstation Market, By Deployment Model
9.1 Introduction
9.2 On-Premises
9.3 Cloud
10: Market, By End User
10.1 Introduction
10.2 Professional/Audio Engineers and Mixers
10.3 Songwriters and Production Teams
10.4 Electronic Musicians
10.5 Artists/Performers
10.6 Educational Institutes
10.7 Music Studios
10.8 Others
11: Market, By Region
11.1 Introduction
11.2 North America
11.3 Europe
11.4 Asia Pacific
12: Competitive Landscape
12.1 Microquadrant Overview
12.2 Strength of Product Portfolio
12.3 Business Strategy Excellence
13: Company Profiles
13.1 Apple
13.2 Adobe
13.3 AVID
13.4 Steinberg
13.5 Ableton
13.6 Motu
13.7 Acoustica
13.8 Native Instruments
13.9 Magix
13.10 Presonus
13.11 Cakewalk
13.12 Image-Line
13.13 Bitwig
13.14 Renoise
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Global Digital Audio Workstation Market is estimated to value over USD 12 billion by 2026 end and grow at a CAGR of over 7.5% during the forecast period 2019 to 2026.