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LONDON--(BUSINESS WIRE)--Technavio has been monitoring the audio and video editing software market and it is poised to grow by USD 2.5 billion during 2020-2024, progressing at a CAGR of over 11% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Request for Technavio's latest reports on directly and indirectly impacted markets. Market estimates include pre- and post-COVID-19 impact on the Audio and Video Editing Software Market Download free sample report

The market is concentrated, and the degree of concentration will accelerate during the forecast period. Acon AS, Adobe Inc., Animoto Inc., Apple Inc., Autodesk Inc., Avid Technology Inc., CyberLink Corp., Microsoft Corp., Sony Corp., and Steinberg Media Technologies GmbH are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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The increase in the rate of content generation has been instrumental in driving the growth of the market.

Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. https://www.technavio.com/report/report/audio-and-video-editing-software-market-size-industry-analysis

Audio and Video Editing Software Market 2020-2024: Segmentation

Audio and Video Editing Software Market is segmented as below:

End-user

Commercial

Personal

Geography

North America

Europe

APAC

South America

Middle East and Africa

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR41027

Audio and Video Editing Software Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our audio and video editing software market report covers the following areas:

Audio and Video Editing Software Market Size

Audio and Video Editing Software Market Trends

Audio and Video Editing Software Market Analysis

This study identifies the shift toward the cloud-based delivery model as one of the prime reasons driving the audio and video editing software market growth during the next few years.

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Technavio's SUBSCRIPTION platform

Audio and Video Editing Software Market 2020-2024: Key Highlights

CAGR of the market during the forecast period 2020-2024

Detailed information on factors that will assist audio and video editing software market growth during the next five years

Estimation of the audio and video editing software market size and its contribution to the parent market

Predictions on upcoming trends and changes in consumer behavior

The growth of the audio and video editing software market

Analysis of the markets competitive landscape and detailed information on vendors

Comprehensive details of factors that will challenge the growth of audio and video editing software market vendors

Table of Contents:

Executive Summary

Market Landscape

Market ecosystem

Market Sizing

Market definition

Market segment analysis

Market size 2019

Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

Five Forces Summary

Bargaining power of buyers

Bargaining power of suppliers

Threat of new entrants

Threat of substitutes

Threat of rivalry

Market condition

Market Segmentation by End-user

Market segments

Comparison by End-user placement

Commercial - Market size and forecast 2019-2024

Personal - Market size and forecast 2019-2024

Market opportunity by End-user

Customer Landscape

Geographic Landscape

Geographic segmentation

Geographic comparison

North America - Market size and forecast 2019-2024

Europe - Market size and forecast 2019-2024

APAC - Market size and forecast 2019-2024

South America - Market size and forecast 2019-2024

Middle East and Africa - Market size and forecast 2019-2024

Key leading countries

Market opportunity by geography

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

Vendor landscape

Landscape disruption

Vendor Analysis

Vendors covered

Market positioning of vendors

Acon AS

Adobe Inc.

Animoto Inc.

Apple Inc.

Autodesk Inc.

Avid Technology Inc.

CyberLink Corp.

Microsoft Corp.

Sony Corp.

Steinberg Media Technologies GmbH

Appendix

Scope of the report

Currency conversion rates for US$

Research methodology

List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavios report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavios comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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COVID-19 Impact and Recovery Analysis- Audio and Video Editing Software Market 2020-2024 | Increase in Rate of Content Generation to Boost Growth |...

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DUBLIN, Calif., June 04, 2020 (GLOBE NEWSWIRE) -- George Amaral Ranches, Inc., is the latest customer to pick up the food safety mantle and join iTrades iTracefresh program. As the leading global provider of supply chain software for the food and beverage industry, iTrade is pioneering efforts to build the worlds safest and most comprehensive global food supply chain. To underline its commitment to guaranteeing the safety of our food, it has removed all barriers to adoption, offering the iTracefresh traceability suite to any suppliers, or indeed any buyers, entire supplier portfolio for the first year free of charge.

As a family business, ensuring that our customers have confidence in the safety of our food is incrediblyimportant to us. As we continue to grow our company, iTrades traceability offer will also help us appeal to and comply with new buyer requirements quickly and easily. We are excited to join the worlds safest food supply chain and use traceability as a strategic differentiator, comments Christopher Amaral, General Manager at George Amaral Ranches.

In addition to protecting a suppliers brands during recalls and enabling critical downstream supply chain visibility, iTrades traceability solutions help grow its customers businesses. Data from a yearlong pilot with a major industry buyer showed that suppliers adopting iTrade traceability increased their trading volumes by an average of 55 percent in just 12 months. Additionally, a sample of just four new growers added a combined $10 million in revenue over the same period.

The world would be a better place if everyone knew where their food came from, says Rhonda Bassett-Spiers, CEO of iTradeNetwork. Whether youre a small, family farm or a large, enterprise operation, we want to make food safety and traceability accessible to everyone. We are happy to have George Amaral Ranches join us in creating the worlds safest food supply chain and grow their business in the process.

George Amaral Ranches, Inc. provides vegetables farming services to retailers and produce outlets across the country. The company offers broccoli, iceberg lettuce, romaine, green and red leaf, celery, cauliflower, sweet corn, green and red cabbage, watermelon, and cantaloupe. George Amaral Ranches is based in California, and they are proudly family-owned and family-operated. Quality is paramount at George Amaral Ranches, and theyre proud of their commitment to delivering only the freshest produce to their trading partners and consumers.

Suppliers interested in adopting iTrades iTracefresh traceability suite and enjoying the first year, free of charge, should visit https://www.itradenetwork.com/itracefresh/item/. The promotional package includes two of iTrades products: its Produce Traceability Initiative (PTI) case labeling solution, and its Palletized Advanced Ship Notice (ASN) solution, Transit.Qualifying suppliers may also receive the free field kit hardware package that includes a printer, two mobile devices, and 10,000 labels to help them get started on iTracefresh.

Contact:Bryn McFadden925-660-1100inquiries@itradenetwork.com

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George Amaral Ranches, Inc., Votes Yes on iTrade Free Traceability Campaign In An Effort to be Part of the World's Safest Food Supply Chain -...

The coronavirus may have you thinking more about your mortality. After all, what if?

Pandemic or not, it's important to consider what would happen to your bank accounts, your home, your belongings i.e., everything you own and, perhaps, your dependents, if you're no longer here.

In other words, you should prepare a will if you don't already have one.

In every jurisdiction, if there isn't a valid will, assets will pass on to your heirs by law, who may or may not be who you would have provided for in a will," said Samantha Weyrauch Davis, an estate planning attorney and director with the law firm Hall Estill in Tulsa, Oklahoma. "It also lets you name a guardian for children."

If you pass away with no will called dying intestate a state court decides who gets your assets and, if you have children, who will care for them.

This means that if you have an unmarried partner or a favorite charity but no will, your assets may not end up with them. Typically, the courts will pass on assets to your closest blood relatives, even if that wouldn't have been your first choice.

A will is just one piece of an "estate plan." An estate just refers to what you own your financial accounts, possessions and any real estate. Putting a plan in place for those assets helps ensure that upon your death, your wishes are carried out and that family squabbles don't evolve into destroyed relationships.

In other words, it's partly about making things easier for your loved ones during an already-difficult time.

Here's what else you should consider if you want to prepare a will.

A will is a document that lets you relay who gets what when you pass away. You can get as specific as you want (i.e., you leave a certain family heirloom to a particular person) or keep it more general (i.e., you want your surviving spouse to get everything).

However, there are some assets that pass outside of the will, including retirement accounts such as 401(k) plans and individual retirement accounts, as well as life insurance policies.

This means the person named as a beneficiary on those accounts will generally receive the money no matter what your will says. (Be aware that 401(k) plans require your current spouse to be the beneficiary unless they legally agree otherwise).

Regular bank accounts, too, can have beneficiaries listed on a payable-on-death form, also known as a POD, which your bank can supply.

If no beneficiary is listed on those non-will items or the beneficiary has already passed away, the assets automatically go into probate. That's the process by which all of your debt is paid off and then the remaining assets are distributed to heirs. The process can last several months to a year or more, depending where you are and what's involved in handling your estate.

If you own a home, be sure to find out how it should be titled to ensure it ends up with the person (or people) you want it to, because the laws can vary from state to state. Moreover, there can be other considerations when it comes to how a house is titled, including protection from potential creditors or for tax reasons later when the home is sold.

You can turn to an estate planning attorney in your local area to ensure familiarity with state laws or use an online option. However, be aware that not all of the web-based alternatives will necessarily reflect the specifics of your state's law.

"There's risk in doing it that way," Davis said. "Those forms or software may not be compliant with your local law, so look at the fine print."

If an online option ends up being appropriate for your situation, you may be able to find a form to download for free. Software will-making options can run about $60 or more, depending on what else is included. To set up an estate plan with an attorney could run several hundred dollars to more than $1,000, depending on the complexity of your situation.

Also, you'll need to have a witness and/or notary sign it and make the document official, depending on the state where you live.TheAmerican College of Trust and Estate Counsel's websiteoffers a guide to laws and accommodations in every state if in-person meetings are not permitted due to the pandemic.

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As part of the will-making process, you'll need to pick an executor of your will (sometimes called a personal representative).

This can be a big job, experts say. Things such as liquidating accounts, ensuring your assets go to the proper beneficiaries, paying any debts not discharged (i.e., taxes owed to the IRS), and even selling your home could be among the duties undertaken by the executor.

In other words, just because you've known your best friend since elementary school doesn't mean handling the challenge of being an executor is up their alley.

Typically, estate planning also includes preparing a few other legal documents. This includes an advance health-care directive, also known as a living will.

This document outlines your wishes if you become incapacitated due to illness or injury.

Say you are on life support. Instead of a loved one making the agonizing decision whether to end all life-saving measures, your wishes would be specified in a legal record.

It's also worth assigning powers of attorney. If you become incapacitated, the people you grant powers of attorney will handle your medical and financial affairs if you cannot.

Often, the person who is given this responsibility when it comes to your health care is different from whom you would name to handle your financial affairs.

As with choosing an executor, make sure whoever you hand the financial reins to is trustworthy and smart.

"I tell my clients it's really important to carefully consider the individuals you name," Davis said. "You want to make sure they have the ability, skill set, time and desire to make such decisions and do these sorts of things."

While it can be hard to imagine your own death, picture your family having to search through drawers for your original will, documents regarding your bank accounts and other assets, and maybe even your Social Security number.

The best way to avoid forcing them to deal with that task on top of mourning is to leave an organized list of information that the will's executor will need to settle your estate, experts say. Be sure this includes passwords so your online accounts can be accessed.

If you want your kids to receive money but don't want to give a young adult or one prone to poor money management unfettered access to a sudden windfall, you can consider creating a trust to be the beneficiary of a particular asset.

A trust holds assets on behalf of your beneficiary or beneficiaries, and is a legal entity dictated by the documents creating it. If you go that route, the assets go into the trust instead of directly to your heirs. They can only receive money according to how (or when) you've stipulated in the trust documents.

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The focus of recent months has rightly been on the chaos caused by the COVID-19 outbreak. However, among the disruption are opportunities for you to keep your business healthy and communication sits right at the centre.

The past few months have placed extra pressure on how businesses share information. With no integrated video conferencing solution, many have told all their remote-working staff to download a third-party tool often with questionable security for team meetings.

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3CX thinks theres a better way. Not only will it solve the immediate problems, but it provides future-proofing and advanced features that will help maximise your employees productivity well beyond the lockdown period.

First, a brief introduction to 3CXs communication solution. It has three aims: to be simple, flexible and affordable. It is available to try for free for three years, and if youre switching from a traditional PBX, it can save up to 80% on your telco bill.

There are various ways to implement 3CX. For example, you can host 3CX Phone System in the cloud or on premise. It can be used through hardware IP phones or the free software or apps. You can also choose which SIP trunks to use.

3CX takes the pain out of collaborative meetings. Your team can enjoy face-to-face communication no matter where they are, thanks to web conferencing being an integral part of the system. Theres no need for plugins or extra apps: 3CX uses the WebRTC technology built into Google Chrome, providing high-quality video and voice.

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3CXs web conferencing is flexible, allowing for everything from global webinarsto project team catch-ups, in which attendees can join from desktop, web or mobile. They are easy to set up and place into everyones calendar. If you want an ad hoc face-to-face meeting with a colleague, the 3CX Android and iOS apps now support integrated video calls, allowing you to quickly start a conversation by tapping on the icon.

3CXs interface is clean and easy to use whether on a computer, phone or tablet, you can access all of the tools you need, including taking remote control of a computer, viewing documents or simply sharing a screen.

Never has there been a greater need to take your office extension home with you. 3CX makes this easy thanks to its Android app, iOS app and web client. Theyre all free, fast and flexible.

For example, if someone calls one of your employees direct office extensions, they can answer that call on their smartphone (or desktop PC, Mac or laptop). If necessary, the call can easily be transferred to a co-worker straight from their device and, thanks to presence information, theyll know if theyre busy, on another call or free to speak.

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For workers experiencing spotty Wi-Fi or phone network coverage in their house, 3CX will automatically reconnect calls while moving between networks. If the Wi-Fi signal drops out, it will switch seamlessly to a 3G or 4G network if available.

3CX also tackles two common concerns. Firstly, security: all of the calls take place via tunnel encryption, giving built-in protection against cyber criminals. Secondly, its simple for your employees to set up as you can remotely configure everything via a QR code.

COVID-19 has also dealt a blow to customer service centres around the country, but that doesnt mean the support you give your customers needs to drop. With 3CX, your support team can continue to provide excellent service from the safety of their homes.

Nor is this restricted to the traditional route, where customers call a support number, are placed in a queue and then put through to the first available operative. If you integrate 3CXs Live Chat & Talk plugin with your website, visitors can start IM chats online and then escalate those to voice calls at the press of a button. They can even do the same for video calls and all for no charge.

As this whistle-stop tour of 3CX has hopefully illustrated, its possible to not only match your previous levels of internal and external communications but improve them.

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