What is future of video editing?

(WITH AI) :Video editing may be sped up with artificial intelligence. AI can make a clip more engaging and interesting to watch by editing it. AI is less expensive than employing an editor, so you save money over the long term. AI can assist you in locating the most appropriate video clips and pictures for your film.

(VIDEO EDITING INDUSTRY IS STILL GROWING) :Global Video Editing Software Market size value was USD 4079.1 million in 2022 and is forecasted to reach USD 5198.23 million by 2028, and the market will grow at a (Compound Annual Growth Rate) CAGR of 4.12% during the forecast period from 2022-2028.

(SALARY EXPECTATIONS) :The median annual salary an in-house video editor can expect to earn is around $50,000, although that amount varies depending on experience and position. The bottom 10% of salaried video editors make around $35,000 a year, and the top 10% earn approximately $77,000.

Demand is high: In a time when 86% of companies rely on video for marketing, the demand for video editors is at an all-time high. According to the U.S. Bureau of Labor Statistics, there are more than 28,000 film and video editors currently employed, with the vast majority working in California or New York. Many businesses and networks keep in-house editors for their creative content, and freelance platforms such as Upwork and Fiverr offer the chance for editors to work with both companies and independent creators.

Experience matters: While you’re working your way up to becoming an editor, try taking a job as an assistant editor. There is a valuable “learning curve that happens when you are an assistant editor around other editors,” says Petaja. This can give you a firmer grasp on editing software and how other editors use different types of shots and cuts.

Still, the video editing industry is poised to be one of the fastest-growing job sectors in the U.S. The Bureau of Labor Statistics indicates that film and video editing is expected to grow by 14% from 2021 to 2031—higher growth than every other media technician and operator job.