NEW YORK, June 20, 2017 /PRNewswire/ -- Read the full report: http://www.reportlinker.com/p04908898/Global-Stock-Images-Market-Strategic-Assessment-and-Forecast.html
It includes detailed study of several market drivers, trends, and restraints. The report also profiles the leading three vendors in the market.
The report provides the analysis of key segments of the market in terms of product, end-users, geography, country, and vendors.
It provides a comprehensive analysis of the revenue from the following segments:
By Product Segments
• RM images
• Digital news
• North America
• Rest of the World
• South Africa
Stock Images Market – Market Size and Dynamics
The digital revolution has been spearheading the shift from traditional print publication to online versions of digital images in the last one decade. The exponential growth of the Internet and social media platforms has led to the creation of small-scale enterprises that have business models completely based on the Internet and social networks. These businesses are driving demand for stock images online.
Analysts at Beige Market Intelligence expect that the global stock images market will grow at a CAGR of 7.37% during 2016–2022. The demand for stock images is witnessing a rapid growth because of the growing number of websites. As advances in technology have reduced the effort and cost of creation, licensing and the use of images, low-priced images have largely penetrated the market, making it feasible for small customers to easily buy stock images.
Rights-managed (RM) images account for the largest share of the market. However, Royalty Free (RF) images segment is likely to witness the fastest growth rate during the forecast period as this segment offers the flexibility in terms of usage. The demand for RF images is coming from SMBs and bloggers due to their affordability.
Stock Images Market – Trends, Drivers, and Challenges
There has been an increased competition among stock image suppliers globally. Thus, to increase the stock of images and drive the sales, many agencies are collaborating. Some of the agencies collaborate with high-profile press agencies and companies specialized in editorial imagery. The collaboration of stock image agencies with other industry platform is one of the emerging trends, which is going to drive the market during the forecast period 2016–2021. Further, increased use of smartphone camera and applications has opened new avenues for the stock images market and is among the newest trends in the market.
Visuals make communications more effective, express ideas quickly, provide engaging user experience, and enhance social media efforts, thus making the content more impactful. Companies are focusing more on the visual content for their marketing strategy and communications than text. Hence, the urge of images boosting the customer engagement is a major driving factor for the market. Among the other driving factors that are discussed in the report are growing demand for online advertisement and introduction of new business models.
However, growing preference for video content is a major challenge for the market. The report describes the leading trends, growth driving factors and impeding challenges of the market. It provides a Porter's Five Force analysis and its impact on the market.
Stock Images Market – Geographical Analysis
The report outlines the major market share holders and the market size analysis of all the regions and provides the market size and forecast of key countries. North America represents the largest stock image market. Europe accounts for nearly 37% of the market share of the stock image market. The APAC is one of the fastest growing regions of the stock image market. With high population, especially in India and China and increasing number of social media users, the market is lucrative for advertisers. Thus, the demand for these images for the social media advertisements is expected to increase exponentially. In many regions in RoW, the internet penetration is low, which reduces the reach to the social media. However, in the middle eastern countries, the internet penetration is high and so are the number of internet users.
Stock Images Market – Key Vendors and Market Share
This market research report profiles major companies in the global stock images market and provides the competitive landscape and market share of the key players. It covers the entire market outlook regarding the value chain operating within the market.
The major vendors included in the report are as following:
• Getty Images
Other prominent vendors included in the report are 123RF, Alamy, AP Images, CanStockPhoto, Depositphotos, Dreamstime, Fotosearch, Photodune, Pixta, Thinkstock, Reuters Pictures.
Why should you buy the report?
The report provides answers to the following questions related to the global stock images market.
1. What are the current changes witnessed by the market and how are they likely to affect the market landscape in the coming years?
2. What are the various factors that can affect the market over the next few years?
3. What are the major emerging trends and challenges for the market over the next five years?
4. What is the market size and market forecast for each product segment and end-user type?
5. Which region is expected to witness the highest market share and what are the factors driving the growth in that region?
6. What is the sale growth rate in key geographies?
7. Which are the key countries in terms of market size and market forecast?
8. Which are the major vendors in the market?
9. What are the main strategies implemented by the leading vendors to increase growth opportunities?
10. Which are the key emerging vendors in the market?
Read the full report: http://www.reportlinker.com/p04908898/Global-Stock-Images-Market-Strategic-Assessment-and-Forecast.html
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