Stock Photography Market Size Boom at CAGR of 5.2% between 2021 and 2028 | Adobe Stock, Getty Images, Visual China Group (VCG), Shutterstock

The Global Stock Photography Market was valued at US$ 3.3 Bn in 2020 and is expected to reach US$ 4.8 Bn by 2028 at a CAGR of 5.2% between 2021 and 2028.

The exclusive report on Stock Photography research by Coherent Market Insights was produced with the use of significant primary research (inputs from industry experts, firms, and stakeholders) and secondary research to obtain a comprehensive understanding of the market. North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South America & Central America are among the major regions included in the report.

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Competitive Landscape -

Major players operating in the global stock photography market include Adobe Stock, Getty Images, Visual China Group (VCG), Shutterstock, 123RF,Agence France Presse (AFP), Agefotostock, Alamy, AP Images, Artlist, Coinaphoto, Depositphotos, Dissolve, Dreamstime, East News, Envato, Fotosearch, ImagineChina, Masterfile, The Mega Agency, Newscom, Photofolio, Pixta, Pond5, PR Photos, Redux Pictures, Reuters Images, SilverHub Media, Stocksy, SuStock Videotock, Imagesbazaar, Videvo, PEXELS, NHK Video Bank, Nippon News, Motion Array, Storyblocks, WENN, and ZUMA Press

Market Overview-

Increased exposure to social and digital media platforms has resulted from increased internet penetration and increased use of smart devices such as smartphones and tablets. Furthermore, stock photographs are becoming more popular on social media platforms as digital media platforms gain traction for consumer acquisition, marketing, and promotions. It enables marketing companies to use photographs to promote their products and services in order to increase client views and replies. This has raised image visibility and improved stock photography providers' business possibilities. One of the most popular venues for advertising, marketing, and consumer acquisition is social media.

Market Segmentation -

By Product Type: Stock images and Stock videos

By License: Royalty Free (RF) and Royalty Managed (RM)

By End User: Marketers, Films & TV Producers, Media & Publishing Companies, Businesses and Individual Creators, and Others

By Source: Macrostock and Microstock

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COVID-19 Impact Analysis -

Our analysts, who are monitoring the situation throughout the world, believe that as a result of the COVID-19 snafu, the market will supply producers with profitable chances. The purpose of the paper is to provide a more complete picture of the current situation, the economic slump, and COVID-19's impact on the overall industry.

Key Market Trends -

· Asia Pacific was the leading region in the global stock photography market in 2020, and it is likely to continue to be so throughout the forecast period.

· Microstock agencies dominated the source market in 2020, and this trend is projected to continue in the forecast future.

Research Methodology -

Key players on the lookout, topographical fracture, product kind and depiction, and market end-customer applications have all been investigated by the analysts group. It shows the calculated deal income from each chunk and location. The necessary and optional information in the Stock Photography market report is organized using diagrams and pie graphs. The whole report is appealing, with a basic framework, arrangements, and some realities based on reassurance and cognizance.

Overview of the Region

This research examines the market's size and value at the global, regional, and corporate levels. This study examines historical data and forecasts to determine the overall market size from a worldwide viewpoint. The report's emphasis regions are North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa. Market participants would benefit from the regional market analysis by better understanding market dynamics in different parts of the world. Players can use these critical insights to help them decide on their growth strategy.

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Coherent Market Insights -

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