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The report "Digital Audio Workstation Market by Type (Recording, Editing, Mixing), End User (Professional/Audio Engineers and Mixers, Electronic Musicians, Music Studios), Component, Deployment Model, Operating Systems, and Region - Global Forecast to 2023", The digital audio workstation market size is expected to grow from USD 2.0 billion in 2018 to USD 3.1 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 9.2% during the forecast period.
The key factors driving the digital audio workstation market include the growing focus on digitization of instruments and increasing adoption of cloud-based digital audio workstations in the music industry to enhance the music production processThe study includes an in-depth competitive analysis of the key players in the digital audio workstation market, along with their company profiles, recent developments, and key market strategies.
Market players have embraced different strategies to expand their global presence and increase their market shares.Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=266138785Implementation and consulting services subsegment is estimated to grow at a higher as compared to the managed services subsegment during the forecast period.
Services, including consulting, product support, updates, and maintenance, are required at various stages, starting from pre-sales requirement assessment to post-sales product deployment and execution, thus enabling the client to get better return on investment (RoI).The major vendors offering DAW market globally include Apple (US), Adobe (US), Avid (US), Ableton (Germany), Steinberg (Germany), MOTU (US), Acoustica (US), Presonus (US), Magix (Germany), Native Instruments (Germany), Cakewalk (US), Image-Line (Germany), Bitwig (Germany), Renoise (Germany), and Harrison Audio Consoles (US).Apple is one of the major players in the DAW market.
The company offers two solutions for this market: GarageBand and Logic Pro X.
It continuously takes efforts to bring cutting-edge technology to these offerings to help its professional clients produce the best quality music.