Photographic Services Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | > 6.00 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Photographic Services Market Analysis
In the next few years, the global photography services market is expected to register a CAGR of 6%.The growth of the market depends on several factors, including the growing sports events market, the growing global still image market, the growing e-commerce market, and the events and concerts market. The market for photography services should get a big boost from people sharing photos on websites and social networking sites.Websites and mobile apps like Facebook, Instagram, Snapchat, Twitter, Telegram, and Pinterest have made it more common for people to share photos on these sites and apps in order to gain social acceptance and popularity.
A company's digital marketing strategy and the visual story on its website may both benefit from a collection of high-quality photos, such as event photography, lifestyle photography, and corporate photography. Commercial photography is the process of creating photographs for a customer in order to make money. The photos can be used for many things, like a website, brochures, flyers, magazine ads, billboards, product packaging, sharing on social media, etc.
Photos and other images are some of the most popular and most effective ways to get people to pay attention on social media. About 70% of businesses spend money on content marketing, which includes visual marketing methods that require professional product photos. COVID-19 had a major impact on the photography service market as there were no public gatherings at functions or events.
Photographic Services Market Trends
Digital Cameras to Capture High-Quality Photographs had Boosted their Overall Sales in Photography Market
A digital camera is a camera that captures photographs in digital memory. Digital cameras do not have chemical agents (film), and a liquid crystal display frequently takes the place of the viewfinder. The digital camera market includes digital photo cameras; excluded are special cameras for professional and semi-professional use (e.g., underwater and aerial cameras, drones). Some of the biggest brands in this segment are Canon, Nikon, Pentax, Olympus, and Sony. Revenue in the digital cameras segment amounted to USD 21.26 billion in 2022. The market is expected to register a CAGR of 2.40% in the upcoming years.
Editing the Photos and Videos using Smart Phone have the Major Share in Photography Industry
Smartphone users have a soft spot for photo editing apps. A photo editing app powered by artificial intelligence shouldn't come as a surprise to anyone who remembers the rapid rise and subsequent fall of FaceApp in 2019. Back then, FaceApp went viral after users all across social media shared pictures of their older or younger selves generated by the app, quickly luring millions of people to try it themselves. It seems like many smartphone users have a soft spot for photo editing apps, maybe because they appeal to people's inherent vanity. Regardless of the reasons behind it, camera and photo editing apps are among the most popular app categories.
Photographic Services Industry Overview
The Photography Services Market Report shows who the major players are in the market and how they work together and use strategies to beat the competition. The report gives an overview of the top players in the market as well as an overview of successful marketing strategies, market contributions, and new developments at leading companies. The major players in the market are Bella Baby Photography, BSTRO, Carma Media Productions, Cherry Hill Programs, Inc., and DE Photo (Franchising) Ltd.
Photographic Services Market Leaders
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Bella Baby Photography
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BSTRO
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Carma Media Productions
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Cherry Hill Programs Inc.
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DE Photo (Franchising) Ltd.
*Disclaimer: Major Players sorted in no particular order
Photographic Services Market News
- January 2023: The Annual Carolina Global Photography Exhibition returns to the FedEx Global Education Center. An exhibition showcasing finalists from the 2022-23 Carolina Global Photography Competition is now on display in the FedEx Global Education Center for the spring semester.
- March 2022: BSTRO was named to Clutch's list of top women-owned businesses and The Manifest's list of best women-owned digital strategy agencies, and we are honored to be among great companies on both lists. Clutch is the leading B2B ratings and reviews platform for IT, marketing, and business service providers.
Photographic Services Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS AND INSIGHTS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Insights on Various Regulatory Trends Shaping the Market
4.5 Insights on impact of technology in the Market
4.6 Industry Attractiveness - Porter's Five Forces Analysis
4.6.1 Bargaining Power of Buyers
4.6.2 Bargaining Power of Suppliers
4.6.3 Threat of New Entrants
4.6.4 Threat of Substitutes
4.6.5 Intensity of Competitive Rivalry
4.7 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
5.1 By Type Outlook
5.1.1 Shooting service
5.1.2 After-sales service
5.2 By Application
5.2.1 Consumer
5.2.2 Commercial
5.3 By Geography
5.3.1 North America
5.3.1.1 United States
5.3.1.2 Canada
5.3.2 Europe
5.3.2.1 United Kingdom
5.3.2.2 Germany
5.3.2.3 France
5.3.2.4 Rest of Europe
5.3.3 Asia-Pacific
5.3.3.1 China
5.3.3.2 India
5.3.3.3 Rest of Asia-Pacific
5.3.4 Middle-East and Africa
5.3.4.1 Saudi Arabia
5.3.4.2 South Africa
5.3.4.3 Rest of the Middle East & Africa
5.3.5 South America
5.3.5.1 Chile
5.3.5.2 Brazil
5.3.5.3 Argentina
5.3.5.4 Rest of South America
6. COMPETITIVE LANDSCAPE
6.1 Market Concentration Overview
6.2 Company Profiles
6.2.1 Bella Baby Photography
6.2.2 BSTRO
6.2.3 Carma Media Productions
6.2.4 Cherry Hill Programs Inc.
6.2.5 DE Photo (Franchising) Ltd.
6.2.6 Hammerhead Interactive Ltd.
6.2.7 Epic Photo Studios
6.2.8 Fisher Studios Ltd.
6.2.9 Getty Images Inc.
6.2.10 Global Media Desk
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. DISCLAIMER AND ABOUT US
Photographic Services Industry Segmentation
Photography is the art or process of producing images by the action of radiant energy, especially light, on a sensitive surface (such as film or an optical sensor). The Photographic Services Market is Segmented By Type Outlook (Shooting Service and After-Sales Service), By Application (Consumer and Commercial), And By Geography (North America, Europe, Asia-Pacific, Middle-East and Africa, South America). The report offers market size and forecasts for the Photographic Services Market in value (USD billion) for all the above segments.
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| After-sales service |
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| Consumer | |
| Commercial |
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Photographic Services Market Research FAQs
What is the current Photographic Services Market size?
The Photographic Services Market is projected to register a CAGR of greater than 6% during the forecast period (2024-2029)
Who are the key players in Photographic Services Market?
Bella Baby Photography, BSTRO, Carma Media Productions, Cherry Hill Programs Inc. and DE Photo (Franchising) Ltd. are the major companies operating in the Photographic Services Market.
What years does this Photographic Services Market cover?
The report covers the Photographic Services Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Photographic Services Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Photographic Services Industry Report
Statistics for the 2024 Photographic Services market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Photographic Services analysis includes a market forecast outlook to for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
