DUBLIN – (BUSINESS WIRE)–The “Europe Font Management Software Market Forecast to 2027 – Impact of COVID-19 and Regional Analysis by Deployment, Operating System and End User” the report was added to ResearchAndMarkets.com from offer.
Windows System Segment to Dominate the Font Management Software Market in Europe in the Period 2019-2027
The policy management software market in Europe is expected to reach US $ 4,013.0 million by 2027 from US $ 1,002.8 million in 2019. The market is expected to grow at a CAGR of 19.1% from 2020 to 2027.
The report provides the prevailing trends in the Europe font management software market along with the drivers and restraints related to the market growth. The growing role of efficient product design and packaging is the main driver of growth in the European font management software market. However, the issues associated with high prices and limited awareness are hampering the growth of the font management software market in Europe.
The font management software market in Europe is segmented on the basis of deployment, operating system, end user and country. The deployment-based policy management software market in Europe is segmented into on-premise and cloud. . The Cloud segment held the largest market share of the font management software market in Europe in 2019. On the basis of operating system, the European market is segmented into Mac system, Windows system and other systems.
The Windows systems segment held the largest market share of the font management software market in Europe in 2019. The font management software market in Europe, based on the end user, is segmented into web designers , printing agencies, advertising agencies, freelancers and others. The web designer segment held the largest market share of the font management software market in Europe in 2019.
The COVID-19 pandemic is hampering Europe. Spain, Italy, Germany, UK and France are among the worst affected member states in the region due to the outbreak. Companies in the region are facing serious economic difficulties as they have had to either suspend their activities or reduce their activities substantially.
Key industry dynamics
Significant increase in internet penetration and digital content development
Growing role of efficient merchandise design and packaging
High prices and limited awareness
Widening verticals for font management applications
Advanced digital evolution
Adobe; Celartem, Inc. dba Extensis; Corel Corporation; Fontstand BV; High-Logic BV; Insider Software Inc .; Monotype Imaging Inc .; Proxima software; RightFont Team is one of the leading companies in the font management software market in Europe.
Companies are focused on adopting organic growth strategies such as product launch and expansion to maintain their position in a dynamic market. For example, in 2020, Corel Corporation unveiled its smartest, fastest and most collaborative CorelDRAW 2020 graphics suite. The CorelDRAW graphics suite offers new capabilities to produce visually stunning designs and high quality assets.
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