The digital content creation market size is expected to reach USD 93.64 billion by 2032, according to a new study by Polaris Market Research. The report “Digital Content Creation Market Size, Share & Trends Analysis Report, By Component (Software, Hardware, Services, and Others), By Content Format, By Deployment, By Enterprise Size, By End-use, By Region, And Segment Forecasts, 2024-2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The market has grown rapidly due to changes in consumer behavior and digital transformation. More accessible and user-friendly software has enabled businesses to create professional-quality digital content. Investment in IT, adoption of AI, and cloud computing are key drivers of the market’s growth. Lower data storage costs and the development of e-commerce are expected to drive the market further. SaaS or cloud models are also popular due to their low cost and scalability. Increased adoption of digital marketing tools, expanding smartphone and tablet user base, and focusing on digital strategies to attract clients contribute to market growth.
In November 2022, Quark Software, a content automation, intelligence, and design software solutions provider, launched QuarkXPress 2023. This digital publishing and page layout software is available for purchase globally. The software’s features and improvements, including a new royalty-free stock image collection, will benefit academic institutions, students, and charities/non-profit organizations at a low cost.
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Furthermore, developing and adopting digital content creation tools and services have become crucial for businesses to create and select appropriate content to meet their requirements. Digital content creation has emerged as an essential tool for B2B communication, particularly due to the increased online traffic and proliferation of internet services. To leverage the benefits of increased online traffic, businesses are increasingly adopting digital marketing strategies and tools, which have fueled the growth of the digital content creation market in recent years. This trend will continue as more businesses focus on digital marketing and online engagement with their target audience.
Digital Content Creation Market Report Highlights
Polaris Market Research has segmented the Digital Content Creation market report based on component, content format, deployment, enterprise size, end-use, and region:
Digital Content Creation, Component Outlook (Revenue - USD Billion, 2019 - 2032)
Digital Content Creation, Content Format Outlook (Revenue - USD Billion, 2019 - 2032)
Digital Content Creation, Deployment Outlook (Revenue - USD Billion, 2019 - 2032)
Digital Content Creation, Enterprise Size Outlook (Revenue – USD Billion, 2018 – 2030)
Digital Content Creation, End-Use Outlook (Revenue - USD Billion, 2019 - 2032)
Digital Content Creation, Regional Outlook (Revenue - USD Billion, 2019 - 2032)