Digital illustration apps were predicted to have a market value of US$ 157.1 Million in 2022. By 2033, the market is projected to have grown from US$ 181.1 Million in 2023 to US$ 816.2 Million, expanding at a CAGR of 14.4%.
The titles of designers, illustrators, videographers, photographers, web developers, marketers, animators, or fashion editors are used frequently by independent contractors and creative professionals around the world. They require these digital illustration programmes to produce their work. Applications for digital illustration are becoming more popular because they enable users to create art that appears professional. They have a wider selection of colours and greater paint quality, and they also offer modern pattern pens.
These applications, which are available for Android, iOS, Windows, and Mac, have a simple interface that allows users to experiment with original digital art effects. Over the projection period, there will likely be a rise in the need for accurate digital sketching and drawing in a range of applications and formats.
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Digital illustration apps are increasingly being used in businesses. These companies face numerous challenges that may be related to their growth, such as escalating business demands, fluctuating workforces, and a dearth of productivity-boosting time-bound initiatives. Another significant aspect influencing the industry is the rise in small enterprises’ use of original digital art. To entice potential clients, they employ these illustrations in their marketing campaigns.
Online art programmes and applications are developing, with a focus on offering top-notch tools for better image illustrations. Currently, social media and digital marketing are prevalent across all industries. Businesses and entrepreneurs are expected to embrace digital illustration software to support the market’s growth of virtual selling.
Due to the rapid technological advancement occurring, North America is predicted to dominate the digital illustration app industry. South Asia, however, is anticipated to experience the fastest development during the projection period.
KEY TAKEAWAYS
- The market for digital illustration apps in the United States is anticipated to grow at a CAGR of 10.2% through 2033.
- With a CAGR of 13.3%, the German digital illustration app market is expected to grow significantly during the forecast period.
- With a CAGR of 19.3% throughout the research period, India is predicted to grow rapidly in the market for digital illustration apps by 2033.
- The digital illustration app market in China is expected to grow at a CAGR of 18.5% over the forecast period.
- With a CAGR of 10.3% throughout the research period, the market for digital illustration apps in Japan is anticipated to increase speedily.
- The Android/iOS category of the digital illustration app market’s app type segment is predicted to develop at a CAGR of 16.3% through 2033.
- In the market for digital illustration apps, the personal users section of the end-user category is estimated to showcase a CAGR of 13.3%% over the forecast period.
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COMPETITIVE LANDSCAPE
The top manufacturers of the digital illustration app market are Adobe Inc., Corel Corporation, Krita Foundation, SYSTEMAX, Inc., Ibis Mobile Inc., Savage Interactive Pty Ltd, MediBang Inc., Sergei Komarov, The GIMP Team, Serif Labs, Ambient Design, FXhome, Clip Studio Paint and others.
These companies have used a variety of tactics to raise their market share in digital illustration apps. To increase its clientele and revenue, they have used both organic and inorganic growth techniques, such as new product launches, acquisitions, corporate expansions, and collaborations.
RECENT DEVELOPMENTS
- In October 2022, the newest updates for Adobe Express were revealed by Adobe at Adobe MAX, the world’s largest creativity conference. Adobe Express is a template-based online and mobile tool. It enables creators to effortlessly generate, modify, and share distinctive content wherever they are,
- In July 2021, FXhome updated the very advanced picture-making application Imerge Pro. In addition to the eight new effects, the update added new presets for effect stacking and underwent considerable modifications to the effects interface. Imerge Pro has avoided being grouped with other Photoshop alternatives by employing a method of picture production that is adjustable, versatile, and built for the various user workflow processes. Because of its flexible, non-destructive features and procedures, Imerge is perfect for creatives.
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Digital Illustration App Market Segmentation
By App Type:
- Android/iOS
- Windows
- Mac
By End-user:
- Personal Users
- Enterprise Users
- Digital Artist
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Middle East and Africa
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