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In: Economics

Analyze the industry competitiveness of Adobe Inc. from the perspective of macroeconomics and analyze the development...

Analyze the industry competitiveness of Adobe Inc. from the perspective of macroeconomics and analyze the development trend of Adobe in the future based on the current economic environment (100-200 words)

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Expert Solution

The competitiveness of Adobe inc. is not that strong as it has been witnessing growth rates every year .In the economic year 2018 it recorded a growth of 23%(approx) in the last quarter where as their competitors cumulatively recorded low growth rates . In 2017 also it mad record high revenue in terms of high value for its shares and products(Adobe sells its products at high costs globally as it is the leading software company).As of now it has been commanding the digital platforms.

As today's world is set for innovation and creativity Adobe boasts of developing the company by it's innovative technologies.

The company will aim to provide services such as service based virtual reality and now it's planning to motivate people to be connected with nature by providing them the mystic and incomprehensible myths around the planet by its new software.its creative cloud management services provide better Photoshop and PageMaker experiences to customers.it aims to develop the company by providing 1)increased artificial intelligence services for better quality to aid humans 2)data storage to be grown high 3) technologies like facial recognition,virtual reality to be developed in a more convenient manner 4)aiding the customers by providing privacy and more personalised services .Thank you.

Rahul Sunny answered 1 year ago
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