Stock images market to rise $ 1.22 billion | Technavio Research Insights Highlight Rise In Popularity Of Stock Images For Digital Marketing And Social Media As A Key Driver

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Supplier Information

The archival images market is fragmented in nature due to the presence of several global and regional players.

The increasing competition in the market forces the suppliers to adopt various growth strategies such as promotional activities and advertising spend to improve the visibility of their products. Some vendors are also adopting inorganic growth strategies such as mergers and acquisitions to remain competitive in the market.

For example, in August 2021, Envato Pty Ltd. has partnered with HubSpot to launch hundreds of high-quality CMS Hub templates.

Learn about additional vendors with various other strategies and their product offering Read a sample market research report.

Geographic market analysis

North America will provide maximum growth opportunities in the stock image market during the forecast period. According to our research report, the region currently holds 44% of the global market share and is expected to dominate the market until 2025.

Besides, countries such as USA, UK, China, Germany, and Canada are expected to become important markets for stock images during the forecast period.

Learn more about the geographical spread of this market along with the detailed analysis of the main regions – https://www.technavio.com/report/stock-images-market-industry-analysis

Key market trends and challenges

Another major factor supporting the growth in the stock image market share is the increase in investments in related business portfolios. Declining profit margins and increased adoption of substitute products by customers of stock image vendors have encouraged vendors operating in the global stock image market to invest in related business portfolios to deliver an experience. customer improved. These investments have emerged as an upward trend in the market.

However, declining profit margins are a major challenge for the stock image market. The average price per image has declined over the years in the global stock image market due to changing consumer patterns and technology. With the increase in internet penetration, it has become easier for suppliers to deliver images directly to buyers, which has limited the need for physical interaction or delivery of products to customers. In addition, there has been an increase in the number of photo sharing platforms and community photography sites, such as Flickr and Pinterest. The growing number of sources of stock images has resulted in intense competition and led to price wars.

See a free sample to discover more facts about market trends and challenges affecting the stock image market.

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Scope of the Stock Images Market

Cover of the report

Details

Page number

120

Year of reference

2020

Forecast period

2021-2025

Growth dynamics and CAGR

Accelerate to a CAGR of over 5.61%

Market growth 2021-2025

$ 1.22 billion

Market structure

Fragmented

Annual growth (%)

3.24

Regional analysis

North America, Europe, APAC, MEA and South America

Efficient contribution to the market

North America at 44%

Main consumer countries

United States, United Kingdom, China, Germany and Canada

Competitive landscape

Leading companies, competitive strategies, reach of consumer engagement

Profiled companies

Adobe Inc., Depositphotos Inc., Dreamstime.com LLC, Envato Pty Ltd., Getty Images Inc., Inmagine Group, PA Group Ltd., PIXTA Inc., Pond5 Inc. and Shutterstock Inc.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Obstacles, Analysis of Fast Growing and Slow Growing Segments, Impact of COVID-19 and Future Consumer Dynamics, Analysis of Market Conditions for the Forecast Period.

Customization

If our report didn’t include the data you’re looking for, you can reach out to our analysts and customize the segments.

About Us:

Technavio is one of the world’s leading technology research and consulting companies. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s report library includes over 17,000+ reports, spanning 800 technologies, spanning 50 countries. Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research and actionable market intelligence to identify opportunities in existing markets. and potentials and assess their competitive positions in changing market scenarios.

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