Font Management Software Market Size worth $13,466.3 Mn, Globally by 2027 at 18.8% CAGR: The Insight Partners

November 26 17:24 2021
Font Management Software Market Size worth $13,466.3 Mn, Globally by 2027 at 18.8% CAGR: The Insight Partners
The Insight Partners
Font Management Software Market Size is emerging with Growing Importance of Effective Product Designing and Packaging & Increase in Internet Penetration and Digital Content Creation by 2027

According to The Insight Partners’ latest market study on “Font Management Software Market Forecast to 2027 – COVID-19 Impact and Global Analysis – by Deployment (On-Premise and Cloud), Operating System (Mac System, Windows System, and Other Systems), End User (Website Designer, Printing Agencies, Advertising Agencies, Freelancers, and Others),” the market was valued at US$ 3,427.7 million in 2019 and is projected to reach US$ 13,466.3 million by 2027; it is expected to grow at a CAGR of 18.8% from 2020 to 2027.

Strategic Insights:

Players operating in the Font management software market focus on strategies, such as market initiatives, acquisitions, and product launches, to maintain their positions in the font management software market. A few developments by key players of the font management software market are:

  • In June 2020, Extensis released new updates in font management solution Suitcase Fusion. The new updates include list view previews, that allows users to select and display font previews. Also, this latest update includes dark mode.
  • In March 2020, Corel Corporation unveiled its smartest, fastest, and most collaborative CorelDRAW graphics suite 2020. CorelDRAW graphics suite offers new capabilities to produce visually stunning designs and high-quality assets.

 

Get Exclusive Sample Pages of Font Management Software Market at https://www.theinsightpartners.com/sample/TIPRE00013863

Market Size Value in – US$ 4,024.1Million in 2021

Market Size Value by – US$ 13,466.3 Million by 2027

Growth rate – CAGR of 18.8% from 2021-2027

Forecast Period – 2021-2027

Base Year – 2021

No. of Pages – 130

No. Tables – 88

No. of Charts & Figures – 82

Historical data available – Yes

Segments covered – Deployment , Operating System , End User

Regional scope – North America; Europe; Asia Pacific; Latin America; MEA

Country scope – US, UK, Canada, Germany, France, Italy, Australia, Russia, China, Japan, South Korea, Saudi Arabia, Brazil, Argentina

Report coverage – Revenue forecast, company ranking, competitive landscape, growth factors, and trends

Growing Importance of Effective Product Designing and Packaging

The fast-paced lifestyle and increasing disposable income among masses, especially in APAC countries, has propelled the consumption of various FMCG (fast moving consumer goods) and consumer electronics over the last decade. Owing to the high competition in FMCG and consumer electronics industries, market players emphasize effective designing and packaging of overall products. Established market players and SMEs, along with new entrants, are making significant investments in packaging design to make their product look attractive and unique. Moreover, several companies strongly emphasize on revamping the designs of their product packaging on a regular basis to stay relevant with the on-going design trends. Thus, the surging focus of enterprises on the effective and attractive packaging owing to the increasing consumption of consumer goods is subsequently driving the adoption of font management software.

Impact of COVID-19 Pandemic on Font Management Software Market

The COVID-19 crisis is affecting the industries worldwide and the global economy is anticipated to take a worst hit in the year 2020 and likely in 2021 also. The outbreak has created significant disruptions in primary industries such as technology, media and telecommunications, electronics & semiconductor, and retail & ecommerce industry among others. The factory shutdowns, travel bans, trade bans, and border lockdowns to combat and contain the outbreak have impacted both smartphone and camera manufacturing. The impact of COVID-19 outbreak on the global font management software market growth in various countries/regions is described in below sections.

Order a Copy of Font Management Software Market Shares, Strategies and Forecasts 2021-2027 Research Report at https://www.theinsightpartners.com/buy/TIPRE00013863

 

About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

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Contact Person: Sameer Joshi
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Phone: +1-646-491-9876
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State: Maharashtra
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Website: https://www.theinsightpartners.com/pr/font-management-software-market/

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