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Screen and script writing software market Size is projected to reach $235.87 million by 2026, registering a CAGR of 14.4% from 2019 to 2026 | Key players - Celtx Inc., Final Draft, Literature and Latte Ltd., Mariner Software, Nuvotech Limited, Storyist So
The global screen and script writing software market was estimated at $80.83 million in 2018 and is expected to hit $235.87 million by 2026, registering a CAGR of 14.4% from 2019 to 2026. The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and changing market trends.
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North America is projected to generate the highest revenue in the screen and script writing software market, owing to the presence of large number of key players such as Final Draft and Celtx Inc. Moreover, rise in number of production houses in the U.S., which increased the adoption of screen and script writing software in the Americas.
Introduction of online movies & TV series, emergence of mobile-based screen & script writing software, and rise in awareness regarding the benefits provided by the program drive the growth of the global screen and script writing software market. On the other hand, availability of open-source software impedes the growth to certain extent. Nevertheless, rise in demand for screen & script writing software from Asia-Pacific region is anticipated to pave the way for lucrative opportunities in the coming years.
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The key market players analyzed in the global screen and script writing software market report include Celtx Inc., Final Draft, Literature and Latte Ltd., Mariner Software, Nuvotech Limited, Storyist Software LLC, StudioBinder Inc., Windward Studios Inc., Write Brothers Inc., and WriterDuet, Inc. These market players have taken recourse to several strategies including partnership, expansion, collaboration, joint ventures, and others to highlight their prowess in the industry.
The global screen and script writing software market is analyzed across deployment mode, platform type, end user, and region. Based on deployment mode, the on-premises segment accounted for around three-fifths of the total market share in 2018, and is anticipated to dominate by 2026. Simultaneously, the cloud-based segment would exhibit the fastest CAGR of 16.1% throughout the forecast period.
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Based on platform type, the desktop-based segment contributed to more than half of the total market revenue in 2018, and is expected to lead the trail by the end of 2026. At the same time, the mobile-based segment would manifest the fastest CAGR of 16.6% during the forecast period.
Based on geography, North America held the major share in 2018, generating nearly half of the global market. The market across Asia-Pacific, on the other hand, would manifest the fastest CAGR of 17.8% from 2019 to 2026. The other two provinces covered in the report include Europe, and LAMEA.
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