Learn about the global photographic services market through The Business Research Company, which provides information on photographic services market size, photographic services market drivers and restraints, photographic services market players, the COVID-19 impact on the photographic services market, and more.

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The global photographic services market is expected to grow from $32.2 billion in 2020 to $36.2 billion in 2021 at a compound annual growth rate (CAGR) of 10.%.The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $44.7 billion in 2025 at a CAGR of 5%.

Widespread sharing of pictures on websites and social networking platforms is expected to contribute to the growth of the photographic services market during the forecast period.

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The photographic services market consists of the sales of photographic services and related goods by entities (organizations, sole traders and partnerships) that offer services for planning, developing, creating and managing the processes for creating durable images by recording light or through electromagnetic radiation by means of an image sensor or chemically by means of a light sensitive photographic film. It includes editing, processing and presenting pictures. Photographic services include school portraits, wedding photography, special occasions and event photography. Photographic services establishments undertake processes where human capital is the major input. They make available the knowledge and skills of their employees, often on an assignment basis, where an individual or team is responsible for the delivery of services to the client.

Global Photographic Services Market Segments Include:
By Type: Portrait Studios Services, Commercial Studios
By Application: Children, Youth, Adult
Subsegments Covered: School Photography Services, Personal Photography Services, Wedding Photography Services, Other Photography Services
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the global photographic services market, accounting for 41% of the market in 2020.

Photographers and service providers are increasingly exploring opportunities in niche markets to increase market value and customer base. Expertise and specialization in fields of sports, events, landscapes, wildlife and street photography, are significantly gaining popularity .Companies and individuals are focusing on aerial photography, babies, pets, fashion, travel, and photo journalism. This trend is also helping companies market their services to targeted audiences and reducing operating costs. Working in niche markets enable photographers to command comparatively high prices for their services and specialization, thereby increasing profitability.

TBRC’s photographic services market report covers:

Major Market Players: Lifetouch Inc, Studio Alice Co Ltd, Getty Images Inc, Portrait Innovations Inc, Cherry Hill Photo Enterprises.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

The Photographic Services Market Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides photographic services market overviews, analyses and forecasts market size, share, photographic services market players, photographic services market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s photographic services market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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