U.S. Software and Other Prerecorded Compact Disc, Tape, and Record Reproducing Market. Analysis and Forecast to 2030
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View PricingU.S.: Software Market 2024
Software Market Size in the U.S.
The U.S. software market reduced to $X in 2022, waning by X% against the previous year. In general, consumption showed a relatively flat trend pattern. Software consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.
Software Production in the U.S.
In value terms, software production expanded to $X in 2022. Overall, production, however, showed a deep reduction. The pace of growth appeared the most rapid in 2019 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.
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Software Exports
Exports from the U.S.
In 2022, overseas shipments of software and other prerecorded compact disc, tape, and record reproducing increased by X% to X units, rising for the second consecutive year after two years of decline. Overall, exports, however, showed a noticeable setback. Over the period under review, the exports attained the maximum at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.
In value terms, software exports reduced slightly to $X in 2022. Over the period under review, exports, however, continue to indicate a deep reduction. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.
Exports by Country
Canada (X units) was the main destination for software exports from the United States, with a X% share of total exports. Moreover, software exports to Canada exceeded the volume sent to the second major destination, Mexico (X units), fivefold. The third position in this ranking was taken by Brazil (X units), with a X% share.
From 2013 to 2022, the average annual growth rate of volume to Canada amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (X% per year) and Brazil (X% per year).
In value terms, Canada ($X) remains the key foreign market for software and other prerecorded compact disc, tape, and record reproducing exports from the United States, comprising X% of total exports. The second position in the ranking was taken by China ($X), with a X% share of total exports. It was followed by Mexico, with an X% share.
From 2013 to 2022, the average annual rate of growth in terms of value to Canada amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Mexico (X% per year).
Export Prices by Country
The average software export price stood at $X per unit in 2022, falling by X% against the previous year. Overall, the export price continues to indicate a deep setback. The pace of growth appeared the most rapid in 2019 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to Brazil ($X per unit) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (X%), while the prices for the other major destinations experienced a decline.
Software Imports
Imports into the U.S.
In 2022, the amount of software and other prerecorded compact disc, tape, and record reproducing imported into the United States plummeted to X units, waning by X% on the previous year. In general, imports showed a deep downturn. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.
In value terms, software imports reduced slightly to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2013 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then reduced slightly in the following year.
Imports by Country
In 2022, Mexico (X units) constituted the largest supplier of software to the United States, with a X% share of total imports. Moreover, software imports from Mexico exceeded the figures recorded by the second-largest supplier, Germany (X units), sixfold. The third position in this ranking was held by the UK (X units), with an X% share.
From 2013 to 2022, the average annual rate of growth in terms of volume from Mexico stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and the UK (X% per year).
In value terms, Mexico ($X), Japan ($X) and Germany ($X) appeared to be the largest software suppliers to the United States, together accounting for X% of total imports. Canada, the Czech Republic, the UK, Austria and China lagged somewhat behind, together comprising a further X%.
In terms of the main suppliers, the Czech Republic, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average software import price stood at $X per unit in 2022, growing by X% against the previous year. In general, import price indicated a strong increase from 2013 to 2022: its price increased at an average annual rate of X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, software import price increased by X% against 2014 indices. The pace of growth was the most pronounced in 2015 an increase of X%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per unit), while the price for China ($X per unit) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the UK (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the software market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- NAICS 334614 - Software and other prerecorded compact disc, tape, and record reproducing
Companies mentioned:
- Sony Music Entertainment
- Warner Music Group Corp.
- Audio and Video Labs
- Atlantic Recording Corporation
- Cinram Operations
- Brilliance Publishing
- Sony Broadband Entertainment Corp
- Modern Videofilm
- Discopylabs
- Blackstone Audio
- Panasonic Disc Manufacturing Corporation of America
- Vi(z)rt, Warner Music
- Sony Disc Manufacturing
- United Record Pressing
- Cinram
- Capitol-Emi Music
- Magnetix Corporation
- World Media GroupCycle
- Sony Music Holdings
- Time Warner Companies
- Technicolor Videocassette of Michigan
- Wea International
- Technicolor Thomson Group
- Technicolor Creative Services Usa
- Cinram Manufacturing Inc.
- Wmg Holding Company
- Historic TW
- Technicolor Home Entertainment Services
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023