July 21, 2024
Presentation Software Market
Ict

Presentation Software Market Growth Facilitated By High Focus On Visual Storytelling & Portability And Mobility Of Services

Market Overview:

Presentation software refers to computer programs used to display information in the form of a slideshow. These programs allow users to create and edit slideshow presentations consisting of text, images, videos, and other multimedia objects that can be displayed on-screen or printed. Presentation software gives users the ability to convey ideas, concepts, messages and other information visually. Most presentation software packages include features like themes, templates, animation and transitions effects, customization options, collaboration tools, and the ability to export presentations to video format or other document types. Presentation software is commonly used for lectures, product demonstrations, seminars, sales presentations, board meetings, and other formal speeches or presentations.

Market Dynamics:

The high focus on visual storytelling in presentations is estimated to facilitate growth of the presentation software market over the forecast period. With evolving learning and engagement preferences, visual content is becoming increasingly important in presentations to effectively convey ideas and messages to audiences. Presentation software enables creation of visually appealing slides with aspects like high-quality images, graphics, videos and animation effects to capture audiences attention and get ideas across quickly. Furthermore, the portability and mobility features of presentation software are also boosting adoption across organizations. Modern software allows users to seamlessly access, share and deliver presentations across devices including laptops, desktops and mobile devices. Users can access their presentations remotely and effortlessly display them on desktop screens, projectors or even LED screens. This facilitates increased collaboration and sharing of presentations between distributed team members and remote audiences.

The global Presentation Software Market Trends is estimated to be valued at US$ 5.90 Billion in 2023 and is expected to exhibit a CAGR of 13.5% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Segment Analysis:

The global presentation software market is dominated by web-based and cloud-based software segments. The web-based and cloud-based presentation software segments collectively accounted for over 60% share of the global market in 2023. The demand for these segments is high as they offer benefits such as remote accessibility, collaboration features, compliance with social distancing measures during the pandemic, and pay-as-you-use pricing model without upfront licenses costs.

PEST Analysis

Political: The government policies and regulations supporting digitalization and work-from-home initiatives have boosted the adoption of presentation software during the pandemic.

Economics: Inflation and economic uncertainty in major markets have compelled organizations to optimize costs through software-as-a-service models offered by presentation tools.

Social: Increased smartphone and internet penetration along with rising popularity of virtual/hybrid work environments have accelerated the uptake of cloud-based presentation solutions.

Technological: Advancements in areas such as artificial intelligence, augmented reality, and virtual reality are fueling innovative product offerings in the presentation software industry.

Key Takeaways

The global presentation software market is expected to witness high growth, exhibiting CAGR of 13.5% over the forecast period, due to the increasing need for effective communication, visual collaboration, and remote working capabilities among organizations. The U.S. is expected to continue dominating the global market during the forecast period, supported by extensive digital transformation across industries.

Regional analysis: North America is projected to dominate the global presentation software market during the forecast period. This is attributed to high penetration of cloud-based technologies and presence of major vendors in the region. Asia Pacific is anticipated to be the fastest growing market, with countries like China, India, and Japan emerging as lucrative markets.

Key players operating in the presentation software market are Microsoft, Apple, Google, Prezi, Canva, SlideDog, FlowVella, Niftio, Powtoon, Slides by Slidedog, Visme, Adobe, Zoho, Beautiful.ai, Pitch, Emaze, Haiku Deck, Slidebean, Swipe, Keynote. Key players are focusing on incorporating advanced features like collaboration tools, interactive visualization, and integrations with other applications to strengthen their market position.

*Note:

  1. Source: Coherent Market Insights, Public sources, Desk research
  2. We have leveraged AI tools to mine information and compile it