Photo And Video App Market to Reflect Impressive Growth Rate, Worth $33.81 Billion By 2028

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Asia Pacific captured the largest revenue share of over 45.0% in 2020 due to the rising demand for X-Skew video makerapps from consumers in China and India. The growing trend in India to adopt digital apps with the feature of objecttransformation and image retouching feature is fueling the regional market growth. The market in China is driven by therising demand for pre-made filter photo and video apps.Photo & Video App Market Report Highlights• Asia Pacific held the largest revenue share of over 45.0% in 2020. This can be credited to the rising demand forgraphics apps from the key players in China and India to provide one-click video editing solutions• Based on marketplace, the Google play store segment held the largest share of over 60.0% in 2020. This can becredited to the rising demand for Google photo assistant features for the photo and video app from consumersin China and the U.S.• The Apple iOS Store marketplace segment is projected to register the highest CAGR of 14.7% from 2021 to 2028.This can be attributed to the growing demand for anti-piracy enabled editing tools from consumers ofdeveloped economies such as the U.S. and Germany• North America is projected to register the fastest CAGR of 14.1% from 2021 to 2028. Soaring demand for photoenhancement apps in Canada is estimated to escalate the market growth over the forecast periodPhoto & Video App Market SegmentationMillion Insights has segmented the global photo and video app market on the basis of marketplace and region:• Photo & Video App Marketplace Outlook (Revenue, USD Million, 2017 - 2028)• Google Play Store• Apple iOS Store• Others• Photo & Video App Regional Outlook (Revenue, USD Million, 2017 - 2028)
• North America• U.S.• Canada• Europe• U.K.• Germany• France• Rest of Europe• Asia Pacific• China• India• Japan• Rest of Asia Pacific• Central & South America• Brazil• Argentina• Rest of Central & South America• Middle East & Africa• Saudi Arabia• South Africa• Rest of Middle East & AfricaList of Key Players of Photo & Video App Market• Google LLC.• Apple Inc.• Appello• Day1 Technologies• Savvy Apps• Cleveroad• Elinext• Miquido
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Photo And Video App Market to Reflect Impressive Growth Rate, Worth $33.81 Billion By 2028

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