Stock Images and Videos Market Size to reach revenues of over $4.2 billion by 2024 - Arizton

North America is currently leading the market, China and India will be among the fastest-growing markets during the forecast periods. In 2017, the stock images and videos market in the US was valued at $1,155 million. It is a mature market, and the demand for stock imagery has historically been driven by the presence of a majority of global brands.

Artificial Intelligence and Machine Learning in Stock Content

Stock photography and videography are the modes of expression for creative professionals, who use the means to offer high-quality creative material. On the other hand, RF images and videos find use across businesses and marketing agencies. They are both in need of deep neural networks that take make their workflow less mundane, while also helping to make subjective judgment calls. Creating a huge database of content is imperative to become a successful contributor. This leads to being subject to a seemingly never-ending process of uploading, classifying, and adding keywords to the content.

This leads to the algorithmic system, which helps consumers scour valuable content, while simultaneously supporting the creator. This is where AI comes into the picture. It acts as a smart system for stock agencies to effectively monitor and accurately segregate, review images, recognize the content's value, and offer the right content to align with the consumer's requirement. AI tools can generate tags based on image recognition, allowing users to efficiently source keywords that validate the image.

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The global stock images and videos market is expected to grow at a CAGR of over 5% during the period 2018-2024.

The following factors are likely to contribute to the growth of the stock images and videos market during the forecast period:

o Growth of Content Automation and Personalization Evolving Art Appreciation
o Blockchain Technology Making Inroads
o Growth of Platform Integrations
o Growing Proliferation and Popularity of Museums
o Rapid Shift to Vertical Formats

Base Year: 2018
Forecast Year: 2019-2024

The study considers the present scenario of the stock images and videos market and dynamics for the period 2018-2024. It covers a detailed overview of several market growth enablers, restraints, and trends. The report covers both the demand and supply aspect of the market. It profiles and examines leading companies and other prominent companies operating in the stock images and videos market.

Key Vendors

o Adobe
o Getty Images
o Shutterstock
o Visual China Group (VCG)

Other Prominent Vendors

o 123RF
o Alamy
o AP Images
o Art-list
o Can Stock Photo
o Coinaphoto
o Death to Stock
o Depositphotos
o Dissolve
o Dreamstime
o Envato
o Fotosearch
o ImagesBazaar
o Masterfile
o Motion Array
o NHK Video Bank
o Pexels
o Photofolio
o Pixta
o Pond5
o Reuters Pictures
o Stocksy
o Storyblocks
o SuperStock
o Videvo

Market Segmentation by Products

o Still Images
o Videos

Market Segmentation by License

o Rights-Managed (RM)
o Royalty-Free (RF)

Market Segmentation by Application

o Commercial
o Editorial

Market Segmentation by Source

o Macrostock
o Microstock

Market Segmentation by End-user

o Marketers
o Films and TV Producers
o Media &Publishing Companies,
o Business and Individual Creators

Market Segmentation Geography

o APAC

o China
o Japan
o Australia
o South Korea
o India
o Indonesia
o Malaysia

o Europe

o Germany
o France
o UK
o Spain
o Italy
o Sweden
o Poland
o Turkey

o North America

o US
o Canada

o Latin America

o Brazil
o Mexico
o Argentina

o Middle-East & Africa

o UAE
o South Africa
o Saudi Arabia

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Source : Stock Images and Videos Market- Global Outlook And Forecast 2019-2024 by Arizton Advisory & Intelligence

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