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February 2, 2000
(Orange County, CA) -- Digital Media Online (http://www.digitalmedianet.com),
a leading developer of web-based vertical communities for the digital
media market, is pleased to report the Digital Media Net Research Center's
latest Market Spotlights.
The current featured Market Spotlights include important trends and growth
projections covering animation, video editing and video software.
- Market Spotlight
on Professional Animation Software
-- The professional animation market reached $152 million in 1999 and
is projected to increase to $358 million by 2004.
- Market Spotlight
on Video Editing Systems
-- By the end of 1999 the total market for digital video editing systems
reached $611.7 million in revenue and by 2004 that figure is projected
to grow to $2.8 billion.
- Market Spotlight
on Video Software -- In 1999 the total video software market, which
is made up of video editing, compositing, paint and effects software
reached $270 million, with revenues expected to reach $1.48 billion
by the end of 2004.
"The market dynamics
for digital media and digital content creation is reaching a pivotal juncture.
At the center of this growth is the emergence of web-based appliances
and the ability to create more streamlined and interoperable solutions,"
said Wanda Meloni, independent market analyst for Digital Media
Online, "As a result the tools and hardware for creating this content
becomes increasingly important, whether it is for entertainment, communication,
design or business applications."
The Market Spotlight section of the Digital Media Net Research Center
provides market projections, outlines major trends, and gives market share
data on key vendors. Market Spotlights cover a wide host of markets, from
animation, video editing, streaming video, and CAD. The Research Center
also posts a Corporate Profiles section with detailed information on each
company's products and services, market analysis and company financials.
The Market Snapshots and Corporate Profiles are currently available without
charge to readers at http://www.digitalmedianet.com.
Digital Media Net communities are organized into distinct vertical market
segments including streaming media, digital video, animation, special
effects, desktop publishing, imaging and design, digital audio, CAD, workstations,
broadcast and postproduction and game development. Each channel offers
up to the minute editorial content, and is updated at least once each
business day. DigitalMediaNet.com resources include breaking technology
and product news, techniques, white papers, market research, interactive
product guides, classified, job and resume listings and extensive examples
of digital art, animations and video.
Digital Media
Online is located at 1508 Brookhollow Drive, Suite 360, Santa Ana, CA
92705. Phone: (714) 424-6100; fax: (714) 424-6101. Web Site: http://www.digitalmedianet.com.
CONTACT:
Kelly Haggard
Marketing
(714) 424-6100
khaggard@digitalmedianet.com
CONTACT:
Wanda Meloni
M2 Research
Tel: (510) 530-3303
wanda@m2research.com
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