Moat Index
Companies· Software

AdobeADBE

Moat score

The creative-software standard, with the most actively attacked moat in enterprise software.

MOATE3.2Deep
3.2 Deep
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DimensionMOATECommunity
Switching costsweight 15Files, workflows, plugins, and a career of muscle memory are built around Creative Cloud; enterprises are embedded in Experience Cloud.8
Network effectsweight 15PDF as a standard and a large creator community add some compounding, short of a true network.5
Scale & cost advantageweight 12The largest creative-software vendor by a wide margin.7
Brand & pricing powerweight 12Photoshop is a verb; subscription pricing has held through two decades of complaints.8
Cornered resourceweight 12PDF, the type library, and a generative model trained on licensed content.7
Distribution controlweight 12Direct subscriptions and enterprise sales; no owned platform surface.6
Disruption resilienceweight 12Canva, Figma, and generative tools attack the core from below and from the side at once.4
Independenceweight 10Few dependencies; the failed Figma acquisition shows regulators are watching.7

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How strong is Adobe's moat?

Question 1 of 8

Switching costs

Switching costs · weight 15

How painful — in money, time, risk, retraining — is it for a customer to leave?

5