Art App Market to Expand from US$ 581 Million in 2023 to US$ 1,867.7 Million by 2033 | Future Market Insights, Inc.
Mobile-based art app is likely to show a significant expansion, with a CAGR of 10.3% by 2033. The US market for art app is initially growing, with a share of 23.7% in 2022. It is likely to expand at a CAGR of 10.8% during the forecast period
NEWARK, Del, Dec. 23, 2022 (GLOBE NEWSWIRE) — It is estimated that the art app market is likely to be valued at US$ 581 million in 2023, and likely to reach US$ 1,867.7 million by 2033. During the forecast period, the demand is anticipated to expand at a substantial CAGR of 12.4%.
The development of AI technology has increased the demand for art app and changed how they are developed and utilized. Developers of art app are concentrating on offering customers experiences that are more personalized and focused due to the usage of AI.
It expedites the creation of new apps and improves the user experience as a whole. In-depth statistics on user behavior can also be delivered through virtual reality, and app security can be increased. As a result, the sales revenue is anticipated to increase by 1.1x between 2022 and 2023.
Request a sample @ https://www.futuremarketinsights.com/reports/sample/rep-gb-16062
The capacity of apps to create captivating content and involve users in interactive experiences has increased the demand for art apps. Participants in the art app market are concentrating on how to provide a personalized method of communication with businesses.
Latest Projects Advancing the Art App Market Share
- An ongoing project available on mobile devices, Artkick searches and buys art online. Tens of thousands of pieces of art from galleries and dealers throughout the globe are available for users to browse.
- Designers have access to a wide range of image editing and alteration capabilities due to ArtApp. Using ArtApp, designers may add text to images, use filters, and alter colors.
- An online gallery that allows artists to display their work is referred to as a virtual gallery. It should have options like a search engine, prices, and reviews.
Key Takeaways
- The US art app market is anticipated to expand at a CAGR of 10.8% by 2033. The US dominated the market with a share of 23.7% in 2022.
- The market for art app increased at a 8.2% CAGR between 2018 and 2022, citing FMI’s study.
- The expansion in Germany is anticipated to expand at an adequate CAGR of 9.2% by 2033. Germany’s market generated more than 10.1% of total revenue in 2022.
- Japan’s demand for art app is estimated to have a CAGR of 11.1% by 2033.
- Between 2023 and 2033, the art app market is likely to increase in India at 12.4% CAGR, respectively.
- Based on deployment, web-based art app dominate industry, with a CAGR of 12.1% by 2033.
- Individual categories dominate the market’s revenue share based on end user, with a CAGR of 11.5% by 2033.
Use promo code ->> FMITODAY to get flat 30% discount
Market Participants Setting New Standards for Art App Designs
The top players of the art app market have been significantly driven in recent years by the advent of new technologies like virtual reality and augmented reality. Key art app developers can now offer users a deeper, more interesting experience, enabling them to create and explore art in fresh ways. The expansion of social media has been essential to growing the market share for art apps.
- Cyberlink Corporation launched PhotoDirector 365, a comprehensive and dynamic photo editing tool, in November 2018. Layer Packs, HDR, Black & White and Split Tone Presets, Motion Still, Keystone Correction, and 360 picture editing are some of the user-friendly features of this photo editing program.
- In April 2022, Avid collaborated with Microsoft and Haivision to demonstrate technical video production solutions at NAB that provide more advanced remote controls.
Key segments
By Deployment:
- Web-based Art App
- Mobile-based Art App
By End User:
- Professional Artists
- Individuals
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia Pacific
- Middle East and Africa
Ask an Analyst@ https://www.futuremarketinsights.com/ask-question/rep-gb-16062
Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
Complete TOC with Report Preview: https://www.futuremarketinsights.com/reports/art-app-market
Have a Look at Related Research Reports of Technology
App Analytics Market Size: The global app analytics market size was valued at $1,950.4 billion in 2021 and is projected to reach $12,901.5 million by 2032, registering a CAGR of 19.1% from 2022 to 2032.
Application Metrics And Monitoring Tools Market Sales: Demand in the global application metrics and monitoring tools market is anticipated to increase at ~11.8% CAGR during the forecast period (2022-2032).
App Store Optimization Software Market Value: The global App Store Optimization Software Market was valued at around US$ 22.7 Bn in 2021. With a projected CAGR of 17.4% for the next ten years, the market is likely to reach a valuation of nearly US$ 137.5 Bn by the end of 2032.
Application Delivery Controllers Market Type: The global application delivery controller market size is expected to be valued at US$ 2,577.5 Million in 2022.
Apple Accessories Market Demand: Increasing Sales of iPhones Across the Globe Expected to Boost Demand for Apple Accessories and Apple Branded Accessories During the Forecast Period: Global Industry Analysis and Opportunity Assessment, 2016-2020.
About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
LinkedIn| Twitter| Blogs | YouTube
For Sales Enquiries: [email protected]
