Global Stock Images Market

Stock Images Market Size, Share, Growth Analysis, By Product(People Photography (Sports, Wedding, Event, Fashion), By Application(Editorial, Commercial), By Region - Industry Forecast 2024-2031

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

Stock Images Market News

  • On September 7th, 2021, Shutterstock announced the purchase of PicMonkey, a picture layout and image editing software program. This acquisition is predicted to supplement Shutterstock’s content subscriptions and extend its target market attainment. On October twenty sixth, 2021, Shutterstock added Flex 25 Plan Creative Workflow Tools. This is a multimedia subscription for single users that permits the download of inventory snapshots, and stock motion pictures indistinctly.
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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 competitive environment of the global 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 global 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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