According to the new report published by Industry Research Place Global Stock Photography Market is valued at USD 3.83 Billion in 2020 and expected to reach USD 5.11 Billion by 2026 with the CAGR of 4.96 % over the forecast period.

The global audience’s thriving visual literacy is impelling the demand for stock images. With the growth of online purchases during the COVID pandemic, strong visuals are becoming a precondition for the e-commerce industry. Digital cameras have taken over, driving the stock photography craze among amateurs. This adds an additional benefit to stock photography platforms by broadening the stock with several categories.

This report analyses the global market for Stock Photography. The report will enable the user to understand and gain insights into the current and forecast market situation. The market is comprehensively analyzed by geography to give complete information on the global scenario. The qualitative and quantitative data provided in this study can help user understand which market segments, regions are expected to grow at higher rates, factors affecting the market and key opportunity areas. The report also includes competitive landscape of key players in the industry along with emerging trends in the market.

Read Full Report Here: https://industryresearchplace.com/industry-report/Global-Stock-Photography-Market-2021-Global-Forecast-to-2026-and-COVID-19-Impact-Outlook/MjUwOTYw

Market Segmentation

• Type
o Free
o Paid
• Application
o Scientific Research
o Books, Newspapers
o Website Building
o Advertising
o Other

Industry News

November 09, 2020
Adobe announced it has entered into a definitive agreement to acquire Workfront, the leading work management platform for marketers, for $1.5 billion, subject to customary purchase price adjustments. With more than 3,000 customers and one million users, Workfront is the solution marketers rely on every day to efficiently manage content, plan and track marketing campaigns, and execute complex workflows across teams.

11 February 2020
PA Media Group, the UK-based news and information business, has acquired Alamy, a leading supplier of stock imagery. Founded 20 years ago, Alamy has one of the world’s most diverse creative and editorial stock imagery collections, comprising almost 200 million photographs, vectors and 360-degree panoramic images. The business has close to 100,000 customers in more than 150 countries, working across a range of sectors including publishing, design, advertising and broadcast.

31 Mar 2021
Unsplash, home of one of the largest collections of free to use images on the modern web with two million images and billions of downloads over the years, is being acquired by Getty Images, the company announced on Tuesday.

April 20, 2018
Flickr has been bought by professional photo hosting service SmugMug for an undisclosed price, according to a report from USA Today . The fate of Flickr has been up in the air as part of the ongoing decline of Yahoo, which was bought by Verizon last year $4.5 billion dollars and combined with AOL into Oath.

Jan. 26, 2021
Shutterstock, Inc., a leading global creative platform offering full-service solutions, high-quality content, and tools for brands, businesses and media companies, today announced that it entered into a definitive agreement to acquire TurboSquid, Inc., positioning Shutterstock as the world's largest 3D marketplace.

Market Trends

Emergence of 5G
5G will enable real-time transfer and manipulation of the massive files and permit easily fetching of data. This enables a vast array of creative opportunities and technological conveniences.

Booming Cloud Industry
For instance, Adobe offers Adobe Stock which tightly integrates with Creative Cloud to allow access to images inside of apps such as Photoshop and Illustration. These larger players are looking at how images are used, who’s buying the images, and how the process of finding and using stock photography can be better, and in turn helping their customers use their stock imagery better. As stock photography continue to grow, the access to and use of stock imagery will likely grow in new ways as well.

AI
AI being able to generate unique, one off high quality stock images of models that don’t exist. AI can now generate imaginary faces and people for future client’s project that no one else will be able to nab. Dubbed Generated Photos, the collection of faces was created by Konstantin Zhabinskiy and his team. We can think in coming days photos uploaded on Shutterstock or iPhoto except a site where all the images are created by an AI and not by a human, photoshopper, or photographer. These people aren’t real! They are building the next generation of media through the power of AI. Copyrights, distribution rights, and violation claims will soon be things of the past.

Report Coverage
• An overview of the Global Stock Photography market
• In depth analysis of market dynamics and major factors such as drivers, restraints, opportunities and trends influencing the global market
• Global Stock Photography market revenue data historic and forecast analysis (2016 to 2026)
• Characterization and quantification of the market segments for Stock Photography market
• Market share analysis of key market participants and their competitive landscape

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Important Questions Answered by Global Stock Photography Market Report
• What is the impact of COVID 19 epidemic on the Global Stock Photography market?
• Which is mostly affected region, country?
• Which is the current largest and fastest-growing region?
• What is the market size and growth rate of the Global Stock Photography market?
• What are current factors affecting the growth of market?
• What are Key trends and opportunity areas?
• Within Stock Photography market, which segments are fastest growing & emerging strongly? What are the drivers and restraints for each segment? What are vendor competencies by segment?
• What are the major strategies adopted by leading market companies?
• What are company challenges and essential success factors by market segment?
• How company offerings and supply chain capabilities are shifting to meet emerging market needs?

Global Stock Photography Market COVID-19 impact Analysis

This report highlights the impact of the Covid-19 pandemic on Global Stock Photography Market. By combining data from a range of industry sources, as well as predictive modeling and market trend analysis, we provide an evidence-based set of projections that will allow organizations to plan their strategies more effectively. The report gives in depth analysis of short term and long term impacts of epidemic on the industry.

The COVID 19 impact assessment of Global Stock Photography Market is divided into following sections:

Section1: Pre Lockdown
This part of the report looks at how market changed throughout early 2020, as the spread of COVID-19 intensified on different geographies.

Section2: During Lockdown
This part of the report collects data from across the sector to know how people have responded to lockdown. It analyses the impact of the epidemic on the workforce in the industry and disruption in various regions and countries

Section3: Post Lockdown
This part of the report project what sector recovery could look like and summarizes ways in which the business landscape could shift.

Get detailed COVID 19 Impact Analysis on Global Stock Photography Market Here:
https://industryresearchplace.com/industry-report/Global-Stock-Photography-Market-2021-Global-Forecast-to-2026-and-COVID-19-Impact-Outlook/MjUwOTYw

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