Stock Images Market size to grow by USD 1.34 billion, Market Research Insights highlights the increased popularity of stock images for digital and social media marketing as a Key Driver – Technavio – QNT Press Release


NEW YORK, Aug. 4, 2022 /PRNewswire/ — According to the research report, the Stock Images Market will witness a YOY growth of 4.73% in 2022 at a CAGR of 5.79% during the forecast period. The report is segmented by application (editorial and commercial) and geography (North America, EuropeAPAC, the Middle East and Africaand South America).

Vendor Insights

The Global Stock Images Market is fragmented, and the vendors are deploying various organic and inorganic growth strategies to compete in the market.

The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Some vendors are also adopting inorganic growth strategies such as M&As to remain competitive in the market.

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

  • Adobe Inc.
  • Can Stock Photo Inc.
  • Death to Stock Ltd.
  • Depositphotos Inc.
  • Dissolve Inc.
  • Dreamstime.com LLC
  • Envato Pty Ltd.
  • Getty Images Inc.
  • Ingram Image Ltd.
  • Inmagine Group
  • Masterfile Corp.

Find additional highlights on the growth strategies adopted by vendors and their product offerings, Read Free Sample Report.

Geographical Market Analysis

North America will account for 44% of market growth. The two biggest stock image markets in North America are the US and Canada. The market in this region will grow more quickly than the markets in Europe and the Middle East and Africa. Throughout the projection period, the growth of the stock pictures market in North America will be facilitated by the introduction of cutting-edge service delivery techniques and an expanding business model that includes providing custom stock images.

Furthermore, countries such as the US, Canada, Chinathe UK, and Germany are expected to emerge as prominent markets for Stock Images Market during the forecast period. Download FREE Sample Report

Key Market Drivers & Challenges:

The rising use of stock photos in digital and social media marketing is one of the major factors boosting the market for photographic images globally. Growing exposure to social and digital media platforms is a result of increasing Internet usage and increased use of smart devices like smartphones and tablets.

Social media has grown to be a crucial component of advertising and marketing plans to increase the clientele for other vendors as well. Stick images are becoming increasingly popular on these platforms, which will boost market expansion throughout the forecast period. However, factors such as declining profit margins may impede market growth.

Buy a sample report for highlights on market Drivers & Challenges affecting the Stock Images Market.

Related Reports:

Magazine Publishing Market by Type and Geography – Forecast and Analysis 2022-2026: The magazine publishing market share is expected to increase by USD 2.71 billion from 2021 to 2026, at a CAGR of 0.51%.

Stock Video Market by Application, License Model, Image Source, and Geography – Forecast and Analysis 2022-2026: The stock video market share is expected to increase to USD 275.41 million from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 7.31%.

Stock Images Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 5.79%

Market growth 2022-2026

$1.34 billion

Market structure

Fragmented

YoY growth (%)

4.73

Regional analysis

North America, Europe, APAC, Middle East and Africa, and South America

Performing market contribution

Full story available on Benzinga.com



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