Overview

Global Digital Audio Workstation Market is estimated to value over USD 12 billion by 2026 end and grow at a CAGR of over 7.5% during the forecast period 2019 to 2026.

Digital audio workstation (DAW) is an electronic network, drafted fundamentally to facilitate recording, editing, and playing back digital audio files. Due to technological advancements, these processes have become smoother than ever. The media and entertainment sectors use a wide variety of active digital audio workstations. Thus, the digital audio workstations market is predicted to witness strong growth in the forecast period. Software used to produce music is also popularly known as a digital audio workshop (DAW), is widely employed for digital recording, musical composition, creating electronic music, and other musical applications.

Based on the component, the digital audio workstations market is divided into software and services. The software segment has held significant market share globally and is projected to maintain the same over the forecast period. This segment is estimated to witness robust growth over the forecast period due to its huge consumer base in North America and Europe region. On the other hand, the operating system segment is also estimated to witness healthy growth over the projected time frame due to its increasing application in different end-use sectors. The MAC segment is also speculated to register healthy growth and expansion. Increasing adoption of Mac services in recording and editing digital audio files is expected to propel the demand over the forecast period. Mac provides a better collective solution for numerous users, given its excellent build quality and stability. Based on deployment, the cloud is one of the most favoured segments of digital audio workstations and is evolving steadily due to the increasing number of users in different end-use industries. 

An extensive base of existing users across North America region is anticipated to generate maximum revenue for the digital audio workstations market over the forecast period. Europe and South America are anticipated to follow a similar trend. Further, Middle East & Africa is forecasted to witness significant CAGR growth after South America and APAC.

Attracted by this thriving market and underlying embryonic demand, many small scale and large scale enterprises are driven to invest in the market for digital audio workstations software and services. Product innovation and up-gradation of research and development are constantly taking place in the digital audio workstations market. Major firms working in the global digital audio workstations market are Apple (US), Adobe (US), Avid (US), Ableton (Germany), Steinberg (Germany), MOTU (US), Acoustica (US).

Digital Audio Workstation Market: Segmentation

By Type 
•    Recording
•    Editing
•    Mixing

By Component
•    Software
•    Services
•    Managed Services

By Deployment Model
•    Cloud
•    On-premise
•    Operating System
•    Android
•    MAC
•    Linux

By End User 
•    Professional/Audio Engineers and Mixers
•    Electronic Musicians
•    Music Studios 

By Region:
•    Europe 
•    North America 
•    APAC 
•    Latin America
•    Rest of World

Competitive Landscape: 
 •    Tier 1 players- established companies in the market with a major market share 
 •    Tier 2 players
 •    Emerging players which are growing rapidly
 •    New Entrants  

FutureWise Takeaways 
 •    Growth prospects 
 •    SWOT analysis
 •    Key trends
 •    Key data points affecting market growth 

Objectives of the Study:
 •    To provide an exhaustive analysis on Global Digital Audio Workstation Market by type, by component, by deployment model, by end user and by Region
  •    To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
  •    To evaluate and forecast micro-markets and the overall market 
  •    To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and the Middle East.
 •    To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
 •    Profiling of companies to evaluate their market shares, strategies, financials and core competencies 

Table of Contents

1: Introduction

    1.1 Objectives of the Study

    1.2 Market Definition

    1.3 Market Scope

    1.4 Years Considered for the Study

    1.5 Currency Considered

    1.6 Stakeholders

2: Research Methodology

    2.1 Research Data

    2.2 Research Assumptions and Limitations

    2.3 Limitations

3: Executive Summary

4: Premium Insights

    4.1 Attractive Opportunities in the Digital Audio Workstation Market

    4.2 Market: Market Share, By Region

    4.3 Market, By Deployment Model

    4.4 Market in Europe: Top 3 Operating Systems and Countries

5: Market Overview and Industry Trends

    5.1 Introduction

    5.2 Market Dynamics

    5.3 Industry Trends

6: Digital Audio Workstation Market, By Component

    6.1 Introduction

    6.2 Software

    6.3 Services

7: Market, By Type

    7.1 Introduction

    7.2 Editing

    7.3 Mixing

    7.4 Recording

8: Market, By Operating System

    8.1 Introduction

    8.2 MAC

    8.3 Windows

    8.4 Android

    8.5 Linux

9: Digital Audio Workstation Market, By Deployment Model

    9.1 Introduction

    9.2 On-Premises

    9.3 Cloud

10: Market, By End User

     10.1 Introduction

     10.2 Professional/Audio Engineers and Mixers

     10.3 Songwriters and Production Teams

     10.4 Electronic Musicians

     10.5 Artists/Performers

     10.6 Educational Institutes

     10.7 Music Studios

     10.8 Others

11: Market, By Region

     11.1 Introduction

     11.2 North America

     11.3 Europe

     11.4 Asia Pacific

12: Competitive Landscape

     12.1 Microquadrant Overview

     12.2 Strength of Product Portfolio

     12.3 Business Strategy Excellence

13: Company Profiles

     13.1 Apple

     13.2 Adobe

     13.3 AVID

     13.4 Steinberg

     13.5 Ableton

     13.6 Motu

     13.7 Acoustica

     13.8 Native Instruments

     13.9 Magix

     13.10 Presonus

     13.11 Cakewalk

     13.12 Image-Line

     13.13 Bitwig

     13.14 Renoise

Tables

Table 1 United States Dollar Exchange Rate, 2014–2017

Table 2 Factor Analysis

Table 3 Digital Audio Workstation Market Size and Growth Rate, 2018–2026 (USD Million, Y-O-Y %)

Table 4 Market Size, By Component, 2018–2026 (USD Million)

Table 5 Software: Market Size, By Region, 2018–2026 (USD Million)

Table 6 Market Size, By Service, 2018–2026 (USD Million)

Table 7 Services: Market Size, By Region, 2018–2026 (USD Million)

Table 8 Professional Services: Market Size, By Type, 2018–2026 (USD Million)

Table 9 Professional Services: Market Size, By Region, 2018–2026 (USD Million)

Table 10 Implementation and Consulting Services: Market Size, By Region, 2018–2026 (USD Million)

Table 11 Training and Support: Digital Audio Workstation Market Size, By Region, 2018–2026 (USD Million)

Table 12 Managed Services: Market Size, By Region, 2018–2026 (USD Million)

Table 13 Market Size, By Type, 2018–2026 (USD Million)

Table 14 Editing: Market Size, By Region, 2018–2026 (USD Million)

Table 15 Mixing: Market Size, By Region, 2018–2026 (USD Million)

Table 16 Recording: Market Size, By Region, 2018–2026 (USD Million)

Table 17 Market Size, By Operating System, 2018–2026 (USD Million)

Table 18 MAC: Digital Audio Workstation Market Size, By Region, 2018–2026 (USD Million)

Table 19 Windows: Market Size, By Region, 2018–2026 (USD Million)

Table 20 Android: Market Size, By Region, 2018–2026 (USD Million)

Table 21 Linux: Market Size, By Region, 2018–2026 (USD Million)

Table 22 Market Size, By Deployment Model, 2018–2026 (USD Million)

Table 23 On-Premises: Market Size, By Region, 2018–2026 (USD Million)

Table 24 Cloud: Market Size, By Region, 2018–2026 (USD Million)

Table 25 Market Size, By End User, 2018–2026 (USD Million)

Table 26 Professional/Audio Engineers and Mixers: Digital Audio Workstation Market Size, By Region, 2018–2026 (USD Million)

Table 27 Songwriters and Production Teams: Market Size, By Region, 2018–2026 (USD Million)

Table 28 Electronic Musicians: Market Size, By Region, 2018–2026 (USD Million)

Table 29 Artists/Performers: Market Size, By Region, 2018–2026 (USD Million)

Table 30 Educational Institutes: Market Size, By Region, 2018–2026 (USD Million)

Table 31 Music Studios: Market Size, By Region, 2018–2026 (USD Million)

Table 32 Others: Market Size, By Region, 2018–2026 (USD Million)

Table 33 Market Size, By Region, 2018–2026 (USD Million)

Table 34 North America: Digital Audio Workstation Market Size, By Component, 2018–2026 (USD Million)

Table 35 North America: Market Size, By Service, 2018–2026 (USD Million)

Table 36 North America: Market Size, By Professional Service, 2018–2026 (USD Million)

Table 37 North America: Market Size, By Deployment Model, 2018–2026 (USD Million)

Table 38 North America: Market Size, By Type, 2018–2026 (USD Million)

Table 39 North America: Market Size, By Operating System, 2018–2026 (USD Million)

Table 40 North America: Market Size, By End User, 2018–2026 (USD Million)

Table 41 North America: Market Size, By Country, 2018–2026 (USD Million)

Table 42 Europe: Market Size, By Component, 2018–2026 (USD Million)

Table 43 Europe: Market Size, By Service, 2018–2026 (USD Million)

Table 44 Europe: Market Size, By Professional Service, 2018–2026 (USD Million)

Table 45 Europe: Market Size, By Deployment Model, 2018–2026 (USD Million)

Table 46 Europe: Market Size, By Type, 2018–2026 (USD Million)

Table 47 Europe: Market Size, By Operating System, 2018–2026 (USD Million)

Table 48 Europe: Digital Audio Workstation Market Size, By End User, 2018–2026 (USD Million)

Table 49 Europe: Market Size, By Country, 2018–2026 (USD Million)

Table 50 Asia Pacific: Market Size, By Component, 2018–2026 (USD Million)

Table 51 Asia Pacific: Market Size, By Service, 2018–2026 (USD Million)

Table 52 Asia Pacific: Market Size, By Professional Service, 2018–2026 (USD Million)

Table 53 Asia Pacific: Market Size, By Deployment Model, 2018–2026 (USD Million)

Table 54 Asia Pacific: Market Size, By Type, 2018–2026 (USD Million)

Table 55 Asia Pacific: Digital Audio Workstation Market Size, By Operating System, 2018–2026 (USD Million)

Table 56 Asia Pacific: Market Size, By End User, 2018–2026 (USD Million)

Table 57 Asia Pacific: Market Size, By Country, 2018–2026 (USD Million)

Figures

Figure 1 Digital Audio Workstation Market: Research Design

Figure 2 Breakup of Primary Participants’ Profiles: By Company Type, Designation, and Region

Figure 3 Market: Bottom-Up Approach

Figure 4 Market: Top-Down Approach

Figure 5 Market Snapshot, By Region, 2018 vs 2026

Figure 6 Market Snapshot, By Component, 2018 vs 2026

Figure 7 Market Snapshot, By Service, 2018 vs 2026

Figure 8 Market Snapshot, By Professional Service, 2018 vs 2026

Figure 9 Digital Audio Workstation Snapshot, By Type, 2018 vs 2026

Figure 10 Digital Audio Workstation Market Snapshot, By Deployment Model, 2018 vs 2026

Figure 11 Market Snapshot, By Operating System, 2018 vs 2026

Figure 12 Market Snapshot, By End User, 2018–2026

Figure 13 Growing Digitization of Instruments to Drive the Market

Figure 14 North America to Account for the Largest Market Share in 2018

Figure 15 Cloud Deployment Model to Dominate the Market in 2018

Figure 16 Windows Operating System and UK to Hold the Highest Market Shares in 2018

Figure 17 Drivers, Restraints, Opportunities, and Challenges: Digital Audio Workstation Market

Figure 18 Software Segment to Account for the Largest Market Size During the Forecast Period

Figure 19 Professional Services Segment to Account for A Larger Market Size as Compared to Managed Services Segment During the Forecast Period

Figure 20 Editing Segment to Have the Largest Market Size During the Forecast Period

Figure 21 Windows Segment to Account for the Largest Market Size During the Forecast Period

Figure 22 Cloud Segment to Have A Larger Market Size as Compared to the On-Premises Segment During the Forecast Period

Figure 23 Professionals/Audio Engineers and Mixers Segment to Have the Largest Market Size During the Forecast Period

Figure 24 North America to Account for the Largest Market Size During the Forecast Period

Figure 25 North America: Market Snapshot

Figure 26 Asia Pacific: Market Snapshot

Figure 27 Digital Audio Workstation (Global) Competitive Leadership Mapping, 2018

Figure 28 Ranking of Key Players in the Digital Audio Workstation Market, 2018

Figure 29 Apple: Company Snapshot

Figure 30 Adobe: Company Snapshot