The global screen and script writing software market size was valued at USD 93.60 million in 2022. It is estimated to reach USD 237.49 million by 2031, growing at a CAGR of 10.9% during the forecast period (2023–2031).
Screen and script writing software is a special word processor designed for writing and organizing screenplays. It is majorly used to write scripts for movies, TV shows, video games, documentaries, and videos posted to social networking sites like Dailymotion and YouTube. This software helps accurately determine the production budget, organize shooting days, plan the schedule for places, and do other things. Software for writing screenplays and scripts lets the writer add video transitions like shots, fade-ins, fade-outs, and camera views.
Countries like China, India, and Japan are streaming more TV shows and movies, and video streaming sites like Amazon Prime, Netflix, and Hulu are becoming more popular. These are the main reasons driving the growth of the global market. Foreign companies like Amazon and Netflix are also moving into developing countries and making movies and TV shows based on local material. This could be a chance for screenplay and scriptwriters to make more money. This increases the demand for screenwriting and story writing tools and promotes market expansion.
Additionally, online movies and TV shows with original material will likely become more popular in the next few years. This shows that the number of people watching movies and TV shows is growing worldwide, which will likely help the screen and script writing software market grow.
Software for writing screenplays and scripts that can be used on mobile devices and smartphones is becoming very popular. Key players with many PC customers are now making software for mobile devices like smartphones and tablets, which end users can easily reach anytime, anywhere. In addition, several free and paid screenwriting and scriptwriting apps for mobile devices are on the market right now, like Weekend Read, Storyist, and Celtx. Users can share a PDF and read it on their phones or tablets. These platforms also help users make final drafts, plain text, and fountain files. The increasing demand for tablets, smartphones, and other portable devices in developing countries and the enhanced productivity of smartphones are expected to drive market expansion over the forecast period.
The market's rise is slowed by the fact that there is a slew of open-source screen and script programs with many features. Due to the high setup cost, many small businesses and individual users do not have enough money to buy screen and script software options. Therefore, they choose open-source tools to write and edit scripts and stories. For example, the PC version of Final Draft costs USD 249 and has the same tools as the mobile version, which costs USD 49. The fact that many cheap and free programs can also replace Final Drafts, like Trelby, Celtx, and FadeIn Pro, slows the market growth.
The Asia-Pacific region has a large number of production companies, which increases the demand for software that facilitates the creation of screenplays and movie scripts. Many people in Asia-Pacific are switching from watching TV to watching movies and videos online. This is one of the biggest things driving the growth of the market. For example, online video income, which includes net ad spending and membership fees, was worth USD 21 billion in 2018. It is estimated to hit USD 48 billion by 2023 at a CAGR of 18%. In addition, big investments in premium entertainment and a strong digital environment will likely help the media and entertainment business grow in the Asia-Pacific region. This will likely lead to more money spent on screenwriting and scriptwriting tools, which is expected to offer opportunities for market growth.
Study Period | 2019-2031 | CAGR | 10.9% |
Historical Period | 2019-2021 | Forecast Period | 2023-2031 |
Base Year | 2022 | Base Year Market Size | USD 93.60 Million |
Forecast Year | 2031 | Forecast Year Market Size | USD 237.49 Million |
Largest Market | North America | Fastest Growing Market | Asia-Pacific |
Based on region, the global screen and script writing software market is bifurcated into North America, Europe, Asia-Pacific, and LAMEA.
North America Dominates the Global Market
North America is the most significant global screen and script writing software market shareholder. The rise in the count of production houses in the U.S. is the main reason for the growth of this market. The presence of a large number of technologically advanced devices in this sector is also contributing to the expansion of this market. The rise is helped by the fact that there is screenwriting and scriptwriting software for mobile devices. In addition, two main things are expected to help the market grow. First, several companies on the market sell software for smartphones and tablets. Lastly, more people are watching movies and TV shows on websites, and over-the-top services are becoming more famous in North America.
Europe is expected to grow immensely over the forecast period. High-quality TV shows like Deutschland 83 from Germany, Gomorra from Italy, and Engrenages from France increase the need for young, creative, and skilled screenwriters in Europe. A growing number of screenwriters are trying to write for the small TV screen instead of the big movie screen. This has made more people want to use software for writing scripts and screenplays. In addition, European countries increasingly collaborate to make extended dramas with high production values. This increases television's worth and makes this drama as good as an American series. Since screenplay and scriptwriters use these tools more and more to write and edit scripts and screenplays, they are likely to spend a lot more money on them.
The Asia-Pacific region is projected to grow at the highest CAGR because the region is seeing a rapid increase in the use of analytics solutions and services across many industries. The market's growth is also helped by the number of film schools in Asia-Pacific, which offer different screenplay programs, which are on the rise. In addition, the rise of homegrown TV shows and movies in countries like China, India, and Japan, as well as the rise of online movie and TV show streaming services like Amazon Prime and Netflix, are creating great opportunities for the growth of the market for screen and script writing software. The fast growth of the media and entertainment industries in emerging countries in this area is likely to lead to more money being spent on these tools. For example, with a CAGR of 16%, the Indian media and entertainment sector is projected to be worth USD 31.8 billion by 2021. A key market factor is the ongoing digitization of the film business.
The LAMEA film industry is still growing despite political unrest and an economic downturn. Both the number of tickets sold and the number of local films produced continue to set new records. In addition, the government of this area is providing financial incentives to lure film producers and foster local production companies' growth. This can generate employment opportunities and draw media attention to the surrounding area. There are probably more production houses in the LAMEA region due to the rapid expansion of the film industry. As a result, the market will almost certainly keep growing.
Additionally, LAMEA will likely experience the greatest screenwriting software growth after Asia-Pacific. Even though the area does not have a lot of broadband and smartphones, it has a lot of promise to become a video streaming leader in the next five years. This will give market players a lot of chances, which will create opportunities for market growth.
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The global screen and script writing software market is segmented into deployment mode, platform type, and end-user.
Based on deployment mode, the global screen and script writing software market is bifurcated into on-premises and cloud-based.
The on-premises segment dominates the global market and is projected to exhibit a CAGR of 12.7% over the forecast period. On-premises screen and script writing software is loaded and used on the computers of the person or group using it, not at a remote location like a server or the cloud. On-premise software lets authors or writers keep all of the project's materials, like written notes, links, pictures, and mind maps, in the same place as the script. This gives them tools for keeping things organized and getting to them quickly.
In addition, end-users are using web-based or on-premise screen and scriptwriting tools more and more—the market's growth. Screenwriters and scriptwriters in the film, television, theater, video game, and radio industries increasingly use desktop applications. This is giving the market a lot of good chances. The fact that there are a lot of screenwriting and scriptwriting programs for Linux, Windows, and Mac is also likely to help the market grow over the forecast period.
Based on platform type, the global screen and script writing software market is segmented into desktop-based and mobile-based.
The desktop-based segment owns the highest market share and is predicted to exhibit a CAGR of 11.6% during the forecast period. Web-based and desktop-based tools for writing screenplays and scripts can be used over the internet with a web browser. This means that screenplays can be accessed from any computer connecting to the internet. In this type, there are different kinds of software for writing screenplays and scripts, such as desktop applications for PCs and web applications that run in a browser.
As web-based software improves, it opens up many possibilities for the market to grow. For example, Script, a web end-user and mobile app for iOS and Android that school managers, teachers, and parents use to handle permission forms for events and field trips, is improving the system to support other forms, such as documents sent to parents. The company is also working on processing solutions for schools' internal processes.
Based on end-user, the global screen and script writing software market is divided into personal and business.
The business segment is the most significant contributor to the market and is estimated to exhibit a CAGR of 13.4% over the forecast period. The program for writing screenplays and scripts gives photo and video production companies a customizable way to better handle their projects in one place. The market is expanding due to the increasing use of software in script classes at film, television, and digital media schools. Screenwriting software is becoming more popular in schools and universities because it is easy to turn into lessons for teaching. This is helping the market grow.
In addition, many North American and European schools and colleges use the software, which is good for business. For example, Boston University has a new graduate course called "The Rewrite," which is about writing for the screen. The school purchased Movie Plan software for this course so that students could effectively plot out a new feature film or contribute to rewriting an existing film. More and more people are using screenwriting and scriptwriting software as the number of production companies in the United States continues to rise. This is likely a good thing for the market over the next few years.