The global Presentation Software Market is estimated to be valued at US$ 5.90 Bn in 2023 and is expected to exhibit a CAGR of 13% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Presentation software allows users to create digital slideshows that combine text, images, video, and other multimedia content for various purposes like explaining concepts, presenting ideas, demonstrating products or services, conveying information, or pitching proposals. These software enable better user experience through features like numerous templates, intuitive layout options, animation effects, and mobile compatibility.
Market key trends:
One of the key trends in the presentation software market is the adoption of visual storytelling techniques. Presentation software providers are focusing on integrating functionalities that help businesses transform static slides into engaging visual stories. They are offering templates, images, charts, animations, and video capabilities to simplify visual content creation. Furthermore, the growing popularity of virtual events and webinars during the pandemic has accelerated the demand for cloud-based and video-enabled presentation software with collaborative capabilities. Providers are launching new tools to facilitate virtual engagement through interactive features like real-time Q&A, polls and surveys. Advancements in AI and machine learning have also enabled automated content optimization and personalized recommendations in presentation software.
Market key trends:
The presentation software market is witnessing increased advancement in technology which allows users to create engaging presentations with various interactive and multimedia functionalities. There is a rising trend of adoption of cloud-based presentation software as it offers benefits like remote access, collaboration, automatic updates and data safety. Presentation software providers are focusing on offering advanced features like real-time collaboration, interactive charts & graphs, integrating with other apps and virtual conference functionalities to cater to the hybrid working model.
SWOT Analysis
Strength: Cloud-based presentation software offers flexibility, scalability and robust security & backup. Product demo or trial versions help evaluate the software features.
Weakness: On-premise deployment requires maintenance of IT infrastructure. Learning new advanced features requires time.
Opportunity: Growing adoption of virtual conference tools and collaborative presentations post pandemic. Increase in marketing, sales and education sectors boosting demand.
Threats: Free or open source alternatives limit pricing flexibility. Compatibility issues in integrating with third-party tools.
Key Takeaways
The Global Presentation Software Market Size is expected to witness high growth, exhibiting CAGR of 13% over the forecast period, due to increasing digital transformation across organizations.
North America dominates the global presentation software market currently, owing to rapid technological adoption. Asia Pacific exhibits highest growth rate during the forecast period with growing education and corporate sectors in countries like China and India.
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.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
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