Global Digital Audio Workstations Market to Reach $5.1 Billion by 2030
The global market for Digital Audio Workstations estimated at US$3 Billion in the year 2023, is expected to reach US$5.1 Billion by 2030, growing at a CAGR of 8% over the analysis period 2023-2030. Editing Workstations, one of the segments analyzed in the report, is expected to record a 8.3% CAGR and reach US$2.8 Billion by the end of the analysis period. Growth in the Mixing Workstations segment is estimated at 8.9% CAGR for the next 7-year period.
The U.S. Market is Estimated at $897.6 Million, While China is Forecast to Grow at 7.3% CAGR
The Digital Audio Workstations market in the U.S. is estimated at US$897.6 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$870.2 Million by the year 2030 trailing a CAGR of 7.3% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7% and 6.6% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 6.1% CAGR.
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