Digital Audio Workstation Market

01

Executive Summary

Global Digital Audio Workstation Market Size, 2017-2026 (USD Billion)

The global digital audio workstation market size is expected to grow from USD 2.46 billion in 2021 to USD 3.83 billion by 2027 at a CAGR of 7.6%.

Impact of COVID-19 on Global Digital Audio Workstation Market

The global digital audio workstation market has experienced a very low impact of the COVID-19 pandemic. The quarterly performance of the top players in 2020 showed a negligible impact of COVID-19 on their digital audio workstation business when compared with similar growth trends in previous years. Although, the manufacturing firms around the globe were shut for a longer time and the supply chain is also adversely affected, however, the adoption and usage of digital audio workstation tools at the back-end of the manufacturing processes are not affected. The film industry has been badly affected by the COVID-19 pandemic. However, the impact is very less on the overall digital audio workstation market. Furthermore, during this pandemic, many individuals have enrolled in training courses on various digital audio workstation tools.

Driver: Increasing digitalization of instruments

A traditional division with three parts of the music industry in publishing, recorded music, and live music had its days, and in these traditional industries the fourth line of production and marketing, known as music-tech, has been added. The music technology industry is well developed in China, the US, UK, India, and Europe, especially in Sweden. Digital creation has now transformed the production system by introducing profound changes in the creative process. It also led to the development of new business opportunities, leading to the growth of the market for synchronization due to the development of the videogame market, and the increase in film and television production.

Restraint: Availability of free audio composing software tools

Tough competition in the digital audio workstation market is even further exaggerated with the presence of various free software tools. Although freeware for digital audio does not offer enormous features as in Adobe Audition but can be helpful as it offers various features to get the work started and running without any software or subscription cost. Furthermore, various freeware with basic audio techniques is much easier to learn than any complex digital audio software. Freeware tools are available for various purposes including audio creation and editing. Examples of freeware for digital audio are Apple GarageBand, Tracktion Software Waveform Free, PreSonus Studio One Prime, Avid Pro Tools | First, Akai MPC Beats, Serato Studio, and Cakewalk by BandLab.

Opportunity: Advancement of GPU Computing

Advancement in GPU computing has boosted the demand for innovative GPUs, thereby boosting the growth of the digital audio workstation market across the globe. GPU computing refers to the usage of Graphics Processing Unit (GPU) to accelerate the working of CPU for engineering and general-purpose scientific computing. The GPU acts as a co-processor and helps to accelerate applications operating on the CPU. The GPU enhances the processing speed of the CPU by offloading time-consuming and compute-intensive parts of the program and the rest of the program runs on the CPU. GPU empowers a system with parallel processing capability which boosts the overall performance of the system. This is also known as hybrid or heterogeneous computing. Developers of applications leverage the performance of GPU through a parallel programming model called “CUDA”. CUDA was invented by NVIDIA. Tesla also offers GPUs that act as computational accelerators which are optimized for applications including technical and scientific computing. The digital audio workstation market has gained traction in recent years with the rise in applications of 3D computer graphics, rendering of 3D graphics, creation of visual effects, video editing, video rendering, and gaming. The usage of GPU computing is expected to offer new innovation opportunities for the software vendors as well as end-users.

Editing segment to account for the largest market share during the forecast period

Audio editing software is software or computer program, which allows you to edit and generate audio data. Audio editing software can be done in whole or in part of the library, as a computer program, as a web program, or as a downloadable kernel module. Segment editing may be required if the actual audio contains non-tone components of the analyzed sound, i.e., signals or sections with the vague voice information, such as consonants or effect sounds. Non-tone parts of the analyzed audio may not be included in the segment. In that case, a change of tone, volume set, format change, or time change affects only parts of the tone. Alternatively, segments may contain unwanted notes or parts of the tone. Sorting parts involves shortening segments by separating them, changing the first or last location, enlarging the segments by attaching them to the next section, or by changing the first or last position, and deleting segments.

Android operating system segment to grow with the highest CAGR during the forecast period

The Android app is one of the most popular mobile platforms for smartphone users. Works on all devices, from smartphones to tablets, and everything in between. Thousands of apps are designed for Android devices, many of which aim to help people with tasks like taking pictures with their phones or composing emails or messages. Mobile audio recording is an important tool to gain a lot by learning and developing musical skills. Other popular DAWs for Android are FL Studio Mobile, Cubasis 3 - Music Studio and Audio Editor, Audio Evolution Mobile Studio, BandLab - Music Recording Studio & Networking Network, in-Track Studio DAW, Music Studio, Caustic 3, and J4T Multitrack Video.

North America to account for the largest market share during the forecast period

The North American region is a major contributor to the digital audio workstation market. Due to the increasing use of digital integration in music, the digital audio workstation market is poised to grow at a rapid pace in this region. Due to the early adoption of advanced technology solutions and programs taken by vendors to reach end-users, countries such as the United States and Canada are seeing an increase in the adoption of advanced technologies, including Android and Linux applications. Recently, Panasonic and Klipsch, a technology-driven sound company, also announced a special partnership to bring the acclaimed “Klipsch Sound” music and audio-visual performance of the automotive experience at the CES trade show in Las Vegas.

Key Players

The major players operating in the global digital audio workstation market are Adobe (US), Apple (US), Avid (US), Steinberg (Germany), Ableton (Germany), MOTU (US), Cakewalk (US), MAGIX (Germany), Acoustica (US), Native Instruments (Germany), Presonus (US), Bitwig (Germany), Renoise (Germany), Inage Line Software (Belgium), and Harrison Consoles (US).

Revenue Share (%), By Component (2019)
Revenue Share (%), By Type (2019)
Revenue Share (%), By Operating System (2019)
Revenue Share (%), By Deployment Model (2019)
Revenue Share (%), By End User (2019)
Revenue Share (%), By Region (2019)

02

Market Overview

The base currency considered was the US Dollar (USD). Conversion of other currencies to USD was considered on the basis of the average exchange rate for the respective review-period years. The exchange rate conversion for forecast period was determined according to the base year’s conversion rates.
The base year was identified based on the availability of annual reports and secondary information. The base year considered for this study is 2027.
The review period considered for this study is from 2018-2027. The CAGR is for the forecast period, 2022-2027.
Market size estimations for the forecast years were in real terms. Inflation is not part of the pricing, and the average selling price (ASP) was kept constant throughout the forecast period for each country.
Distribution of primary interviews conducted was based on the regional share of the market and the presence of key players in each region.
As a result of data triangulation through multiple methodologies and approaches, the weighted averages of resulting estimates were considered to be the final values.

The currency used in this report is USD, with the market size indicated in terms of USD million/billion.
For companies reporting their revenues in USD, the revenues were taken from their respective annual reports/SEC filings.
For companies reporting their revenues in other currencies, the average annual currency conversion rates were used for a particular year to convert the value to USD Market Definition.

03

By Operating System

By Operating System, The global Digital Audio Workstation Market analysis covers Android, Linux, MAC, Windows.

The Android segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Android: global Digital Audio Workstation Market Revenue Opportunity (Us$ Mn)

The Linux segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Linux: global Digital Audio Workstation Market Revenue Opportunity (Us$ Mn)

The MAC segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

MAC: global Digital Audio Workstation Market Revenue Opportunity (Us$ Mn)

The Windows segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Windows: global Digital Audio Workstation Market Revenue Opportunity (Us$ Mn)

04

By End User

By End User, The global Digital Audio Workstation Market analysis covers Artists/Performers, Educational Institutes, Electronic Musicians, Music Studios, Others, Professional/Audio Engineers and Mixers, Songwriters and Production Teams.

The Artists/Performers segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Artists/Performers: global Digital Audio Workstation Market Revenue Opportunity (Us$ Mn)

The Educational Institutes segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Educational Institutes: global Digital Audio Workstation Market Revenue Opportunity (Us$ Mn)

The Electronic Musicians segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Electronic Musicians: global Digital Audio Workstation Market Revenue Opportunity (Us$ Mn)

The Music Studios segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Music Studios: global Digital Audio Workstation Market Revenue Opportunity (Us$ Mn)

The Others segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Others: global Digital Audio Workstation Market Revenue Opportunity (Us$ Mn)

The Professional/Audio Engineers and Mixers segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Professional/Audio Engineers and Mixers: global Digital Audio Workstation Market Revenue Opportunity (Us$ Mn)

The Songwriters and Production Teams segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Songwriters and Production Teams: global Digital Audio Workstation Market Revenue Opportunity (Us$ Mn)

05

By Deployment Model

By Deployment Model, The global Digital Audio Workstation Market analysis covers Cloud, On-Premises.

The Cloud segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Cloud: global Digital Audio Workstation Market Revenue Opportunity (Us$ Mn)

The On-Premises segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

On-Premises: global Digital Audio Workstation Market Revenue Opportunity (Us$ Mn)

06

By Type

By Type, The global Digital Audio Workstation Market analysis covers Editing, Mixing, Recording.

The Editing segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Editing: global Digital Audio Workstation Market Revenue Opportunity (Us$ Mn)

The Mixing segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Mixing: global Digital Audio Workstation Market Revenue Opportunity (Us$ Mn)

The Recording segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Recording: global Digital Audio Workstation Market Revenue Opportunity (Us$ Mn)

07

By Component

By Component, The global Digital Audio Workstation Market analysis covers Services, Software.

The Services segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Services: global Digital Audio Workstation Market Revenue Opportunity (Us$ Mn)

The Software segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Software: global Digital Audio Workstation Market Revenue Opportunity (Us$ Mn)

08

By Region

By Region, The global Digital Audio Workstation Market analysis covers Asia Pacific, Europe, Latin America, Middle East & Africa, North America.

The Asia Pacific segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Asia Pacific: global Digital Audio Workstation Market Revenue Opportunity (Us$ Mn)

The Europe segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Europe: global Digital Audio Workstation Market Revenue Opportunity (Us$ Mn)

The Latin America segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Latin America: global Digital Audio Workstation Market Revenue Opportunity (Us$ Mn)

The Middle East & Africa segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Middle East & Africa: global Digital Audio Workstation Market Revenue Opportunity (Us$ Mn)

The North America segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

North America: global Digital Audio Workstation Market Revenue Opportunity (Us$ Mn)

08

Asia-Pacific

Based on the Asia-Pacific, the Digital Audio Workstation Market analysis covers China, Japan, India, Southeast Asia, Australia & New Zealand, Rest of Asia-Pacific.