Global Stock Images Market

Stock Images Market Size, Share, Growth Analysis, By Type(Macro stock and Micro stock), By Product(Still images, Artificial, People and Footage), By Application(Commercial, and Editorial), By Region - Industry Forecast 2024-2031


Report ID: SQMIG50X2007 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 87 | Figures: 72

Stock Images Market Insights

Global Stock Images Market size was valued at USD 6.4 billion in 2022 and is poised to grow from USD 6.85 billion in 2023 to USD 11.77 billion by 2031, growing at a CAGR of 7.00% in the forecast period (2024-2031).

The growing recognition of stock photographs for digital and social media advertising is a first-rate aspect driving the growth of the global stock images market. With the increasing use of clever devices consisting of smartphones and pills and the rise in internet penetration, the usage of social and virtual media structures for advertising and marketing, advertising and marketing, and patron acquisitions has accelerated unexpectedly as social media posts with snapshots benefit greater perspectives and responses, similarly aiding the enterprise growth. Moreover, producers of photographic devices are providing a whole lot of technologically superior equipment to assist photographers triumph over environmental challenges, enhance picture niceness, and add effects to their images. Photographers are increasingly adopting such technologically advanced lenses, cameras, and filters and implementing new patterns such as drone pictures, vivid patterns, and pastel colors to quickly shoot distinct photos in their preference with non-external obstacles, imparting in addition impetus to the market.

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Stock Images Market size was valued at USD 6.4 billion in 2022 and is poised to grow from USD 6.85 billion in 2023 to USD 11.77 billion by 2031, growing at a CAGR of 7.00% in the forecast period (2024-2031).

The competitive environment of the Stock Images market is dynamic and characterized by the presence of a mix of well-established brands, emerging players, and niche producers. Innovation is a key competitive factor. Leading brands invest in research and development to introduce new flavors, packaging formats, and health-focused variations to cater to changing consumer preferences. They often set the trends in the industry. 'Getty Images', 'Shutterstock Inc. (NYSE: SSTK)', 'Adobe Inc.', 'Associated Press (AP) Images', 'Dissolve Inc.', 'Others', 'Depositphotos, Inc. USA', 'Adobe Inc.', 'Inmagine Lab Pte., Ltd.', 'Dreamstime', 'Stocksy United', 'Canva, Inc', 'Shutterstock, Inc.', 'The Associated Press', 'Getty Images Holdings, Inc', 'Unsplash'

Due to the massive impact of stock photographs on viewers, the demand for inventory images shot in real eventualities is higher than the ones created using software and laptop snap shots, that's aiding the inventory photographs enterprise globally.

The increase of the stock images market is driven through an increase in demand for virtual media campaigns, advantages associated with paid inventory images, and rise in e-commerce industry. However, the availability of inventive and creative free stock pics hampers the growth of the market. On the contrary, high internet penetration fees amongst advanced and developing economies and technological trends are predicted to offer remunerative opportunities for the expansion of the inventory snapshots marketplace during the forecast period.

North America is anticipated to witness the quickest CAGR of 7.5% from 2024 to 2031, as the extensive variety of picture services and the growth within the adoption of paid inventory photographs, allowing the market to thrive.

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Global Stock Images Market

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