Video Editing SaaS Market to Reach $5.26 Billion by 2029
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: Globenewswire
- Market Growth Potential: The video editing software as a service (SaaS) market is projected to grow from $2.49 billion in 2024 to $5.26 billion by 2029, with a CAGR of 16.4%, indicating strong market demand and investment appeal.
- Technology-Driven Innovation: The adoption of cloud computing and AI-powered editing tools is accelerating as businesses seek video production solutions to meet the rising demand for digital content, particularly in marketing and corporate communications.
- Industry Consolidation Trend: Oktopost Technologies' acquisition of Milk Video Inc. underscores the importance of short-form content and strengthens its B2B platform in the SaaS space, reflecting the market's focus on efficient video production.
- Regional Market Dynamics: North America is expected to be the largest market in 2024, while the Asia-Pacific region is anticipated to be the fastest-growing territory, prompting companies to monitor global trade relations and tariffs' impact on production costs to maintain competitiveness.
Analyst Views on ADBE
Wall Street analysts forecast ADBE stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ADBE is 459.91 USD with a low forecast of 280.00 USD and a high forecast of 590.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
26 Analyst Rating
18 Buy
7 Hold
1 Sell
Moderate Buy
Current: 309.930
Low
280.00
Averages
459.91
High
590.00
Current: 309.930
Low
280.00
Averages
459.91
High
590.00
About ADBE
Adobe Inc. is a global technology company. The Company's products, services and solutions are used around the world to imagine, create, manage, deliver, measure, optimize and engage with content across surfaces and fuel digital experiences. Its segments include Digital Media, Digital Experience, and Publishing and Advertising. The Digital Media segment is centered around Adobe Creative Cloud and Adobe Document Cloud, which include Adobe Express, Adobe Firefly, Photoshop and other products, offering a variety of tools for creative professionals, communicators and other consumers. The Digital Experience segment provides an integrated platform and set of products, services and solutions through Adobe Experience Cloud. The Publishing and Advertising segment contains legacy products and services. In addition, its Adobe GenStudio solution allows businesses to simplify their content supply chain process with generative artificial intelligence (AI) capabilities and intelligent automation.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.





