The global digital audio workstation (DAW) market is expected to grow from $2.90 billion in 2019 to $4.08 billion in 2025, at a compound annual growth rate (CAGR) of 9.2% during the outlook period.
Digital Audio Workstation’s (DAW) are designed to record, edit, and manipulate audio. There are currently several DAWs in circulation in the industry, including Logic, Ableton, Fruit Loops, Garage Bunch and Cakewalk. Apart from that, Pro Tools is mainly used by professionals, because it is powerful and flexible by nature. Over time, the use and purpose of DAW has evolved and changed. DAWs were designed to record and manipulate sounds and music from the computer outside, much like other sophisticated editing software would. But due to various technological developments, they are now used to create music first hand. DAWs are widely used in the music industry, music or audio art of any genre can be created using them. Product innovation and upgrading is taking place in the digital audio workstation market. For example, in December 2014, Acoustica, Inc., which is one of the main key players, launched a new product under the brands Mixcraft 7 and Mixcraft Pro Studio 7.
There is greater adoption of various digital audio workstations due to technological improvements in R&D field by manufacturers in the market and also in entertainment and media industries to improve customer experience. In addition, several key players are using music production software widely known as digital audio workstations for music composition, music applications, digital recording, and electronic music creation.
Also, due to the increasing number of live shows and a number of professional DJs in the world, the market is expected to grow. Highly skilled personnel should focus on updating and innovating existing devices to bring new product to market to support market growth.
Market Growth and Trends:
Drivers and market Restraints:
The main drivers of growth in the digital audio workstation market include increased demand for HD video and audio, increased demand from the entertainment industry, increased use of technology in audio and video production. and the growing demand for high production capacity with less equipment. In addition, further adaptation by radio producers will drive the growth of the digital audio workstation market.
The main challenges in the digital audio workstation market are the rate of Internet penetration in the world, financial uncertainty and macroeconomic situations, such as currency exchange rates and economic difficulties, are some of the main factors that hinder the growth of the global digital audio workstation market.
Market Size Available
2020 – 2026
2022 - 2027
By Type, End Use, Component, Deployment Mode, Operating System, and Region
Various Analyses Covered
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities
North America, Europe, APAC, Latin America, Middle East & Africa
Market Leaders Profiled
Apple (USA), Adobe (USA), Avid (USA), Steinberg (Germany), Ableton (Germany), MOTU (USA), Acoustica (USA), Native Instruments (Germany), MAGIX (Germany ), Presonus (United States), Cakewalk (United States), Inage Line Software (Belgium), Bitwig (Germany), Renoise (Germany) and Harrison Consoles (United States) and Others.
Global Digital Audio Workstation Market segmentation:
Based on components, the digital audio workstation market is segmented into software and services. In terms of revenue, in the software segment, the suite software segment represented a significant market share in the world in 2017 and is expected to maintain its leading position during the forecast period.
In terms of compatibility with operating systems, the Mac OS segment represented a significant part of the market and is expected to maintain its leading position in the market during the forecast period. The growing adoption of Mac OS in recording and editing digital audio files is expected to drive demand during the forecast period. Mac offers a better overall solution for many users due to the excellent build quality and stability of Mac OS.
Based on implementation, the cloud is one of the most favored segments of digital audio workstations and is constantly evolving due to the increasing number of users in different end use industries.
the global digital audio workstation market is classified into recording, editing, and mixing.
Based on the end-use industry, the global digital audio workstation market is classified as commercial and non-commercial. In terms of revenue, in the commercial segment, the professional sector has widely used DAW software and services to record, edit and produce digital audio files.
The global market for digital audio workstations by region encompasses North America, Asia-Pacific (APAC), Europe, the Middle East and Africa (EMEA), and Latin America. North America has the largest market share due to the early adoption of advanced technology solutions, as well as vendor initiatives to reach the end user base. The United States and Canada are increasingly seeing the adoption of advanced technologies, including Android and Linux operating systems.
Key players in the market:
Main suppliers in this market are Apple (USA), Adobe (USA), Avid (USA), Steinberg (Germany), Ableton (Germany), MOTU (USA), Acoustica (USA), Native Instruments (Germany), MAGIX (Germany ), Presonus (United States), Cakewalk (United States), Inage Line Software (Belgium), Bitwig (Germany), Renoise (Germany) and Harrison Consoles (United States).
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year and Forecast Periods
2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline
3. Report Overview
3.1 Executive Summary
3.2 Key Inferencees
4. Market Dynamics
4.1 Impact Analysis
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends
5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market share analysis
5.1.3 Regional Presence
5.2 Mergers & Acquistion Landscape
5.3 Joint Ventures & Collaborations
6. Market Segmentation
6.1 Digital Audio Workstation Market, By Type
6.1.4 Market Size Estimations & Forecasts (2019-2024)
6.1.5 Y-o-Y Growth Rate Analysis
6.1.6 Market Attractiveness Index
6.2 Digital Audio Workstation Market, By End-Use
6.2.3 Market Size Estimations & Forecasts (2019-2024)
6.2.4 Y-o-Y Growth Rate Analysis
6.2.5 Market Attractiveness Index
6.3 Digital Audio Workstation Market, By Component
6.3.3 Market Size Estimations & Forecasts (2019-2024)
6.3.4 Y-o-Y Growth Rate Analysis
6.3.5 Market Attractiveness Index
6.4 Digital Audio Workstation Market, By Deployment Mode
6.4.3 Market Size Estimations & Forecasts (2019-2024)
6.4.4 Y-o-Y Growth Rate Analysis
6.4.5 Market Attractiveness Index
6.5 Digital Audio Workstation Market, By Operating System
6.5.1 Mac OS
6.5.4 Market Size Estimations & Forecasts (2019-2024)
6.5.5 Y-o-Y Growth Rate Analysis
6.5.6 Market Attractiveness Index
7. Geographical Landscape
7.1 Global Identity Governance and Administration Market, by Region
7.2 North America - Market Analysis (2018 - 2024)
7.2.1 By Country
7.2.2 By Type
7.2.3 By End-Use
7.2.4 By Component
7.2.5 By Deployment Mode
7.2.6 By Operating System
7.3.1 By Country
184.108.40.206 Rest of Europe
7.3.2 By Type
7.3.3 By End-Use
7.3.4 By Component
7.3.5 By Deployment Mode
7.3.6 By Operating System
7.4 Asia Pacific
7.4.1 By Country
220.127.116.11 South Korea
18.104.22.168 South East Asia
22.214.171.124 Australia & NZ
126.96.36.199 Rest of Asia-Pacific
7.4.2 By Type
7.4.3 By End-Use
7.4.4 By Component
7.4.5 By Deployment Mode
7.4.6 By Operating System
7.5 Latin America
7.5.1 By Country
188.8.131.52 Rest of Latin America
7.5.2 By Type
7.5.3 By End-Use
7.5.4 By Component
7.5.5 By Deployment Mode
7.5.6 By Operating System
7.6 Middle East and Africa
7.6.1 By Country
184.108.40.206 Middle East
7.6.2 By Type
7.6.3 By End-Use
7.6.4 By Component
7.6.5 By Deployment Mode
7.6.6 By Operating System
8. Key Player Analysis
8.1.1 Business Description
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.10 Harrison Consoles
9. Market Outlook & Investment Opportunities
List of Tables
List of Figures
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