Overview and Scope
Photography is the processes for creating durable images by recording light or through electromagnetic radiation utilizing an image sensor or chemically using a light sensitive photographic film. Photography can be a tool for social good, and, slowly, it can change the world. Portrait of Humanity serves as a timely reminder, that despite our many differences, we are able to unite as a global community through the power of photography.
Sizing and Forecast
The photographic services market size has grown steadily in recent years. It will grow from $43.11 billion in 2023 to $44.63 billion in 2024 at a compound annual growth rate (CAGR) of 3.5%. The growth in the historic period can be attributed to rising e-commerce industry, strong economic growth in emerging markets, and increased disposable income..
The photographic services market size is expected to see steady growth in the next few years. It will grow to $50.99 billion in 2028 at a compound annual growth rate (CAGR) of 3.4%. The growth in the forecast period can be attributed to increasing internet penetration and technological development will drive market growth.. Major trends in the forecast period include using of dslr cameras, unedited photos, panoramic photography, cloud storage and usage of social media..
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Segmentation & Regional Insights
The photographic services market covered in this report is segmented –
1) By Type: Portrait Studios Services, Commercial Studios
2) By Application: Children, Youth, Adult
3) By Service Provider: Large Enterprise, Small and Medium Enterprise
North America was the largest region in the photographic services market in 2023. Asia-Pacific was the second largest region in the photographic services market. The regions covered in the photographic services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
Widespread sharing of pictures on websites and social networking platforms is expected to contribute to the growth of the photographic services market during the forecast period. Websites and mobile applications such as Facebook, Instagram, Snapchat, and Pinterest have led to an increasing trend of sharing images on these platforms to gain social acceptance and popularity among peers. While most images shared on social media are amateur private photographs, professional agencies such as Shutterstock and Getty offer professional images for sale, which can then be used by individuals or companies for advertising on social media. Photographers are expected to benefit from this trend as individuals and organizations are increasingly demanding professionally clicked photographs for media communication, public relations, and other professional services. Increased internet penetration in many developed and developing countries, especially among urban and younger populations, is further driving the demand for professional photographic services.
Key Industry Players
Major companies operating in the photographic services market report are Getty Images, Shutterfly Inc., Mom365, Studio Alice Co Ltd., Cherry Hill Programs Inc., Greekyearbook, Visual China Group Co., Pic Solve, ART + Commerce, Yuen Lui Studios Inc., FLP Photography, Shen Zhen Artron Color Printing Co, Ltd., TakenIn, Image Reels Photography, Studio Paddington, Monte Luke Photography Studio, KANVID, Emmerre, INSPIRE Studio, Hima Studios, GEPA Pictures, Les Marquisettes, Badger Productions, Photech Ltd., FilmProcessing.co.uk, SIM Imaging, French Photographic Holidays, Cabbage Film Factory, Korda Studio, Filmpartners, AP Studio SRL, Amego Film Ltd., Lifetouch Inc., FUJIFILM Canada, Inc., Cilantro Media, R2 Design Mx, Adorama, Ansco, Apeda Studio, Argus, Autometric, Haikai Photo, VRMX Studios, CZ Centro de Producciones, Artemisa Studio, Impala México, Video Filmaciones Niko Studio, Zon Caribbean Photo & Video, Teaasi Video, fotosaul, VideoArte y FotoArte, SOSTIC S.A. DE C.V, MONTESTUDIO, Brazil Production Services, Easypix Brasil, Dronegenuity, Panda Creations Productions, Light House Studio, Stu Williamson Photography, Dreambox, Iphotographer, Adam Photography, Barjeel Aerial Photography Services, Red Falcon Media, Aralcut Photography Studios, BlueBay Ocean Limited, George Okoro Photography, Pyragraph Studios, Clive Middlemas Photography, Martin Brandow Photography
The photographic services market report table of contents includes:
1. Executive Summary
2. Photographic Services Market Characteristics
3. Photographic Services Product/Service Analysis -Product/Service Examples
4. Photographic Services Market Trends And Strategies
5. Photographic Services Market – Macro Economic Scenario
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31. Belgium Photographic Services Market
32. Denmark Photographic Services Market
33. Finland Photographic Services Market
34. Ireland Photographic Services Market
35. Netherlands Photographic Services Market
36.Appendix
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