Global Still Images Market 2018-2022
About Still Images
Still images refer to photographs, graphic images, vectors, posters, presentations, and infographics. The global still images market is segmented based on license models such as rights managed (RM) and royalty-free (RF).
Technavio’s analysts forecast the global still images market to grow at a CAGR of 7.94% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global still images market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Still Images Market 2018-2022
Technavio recognizes the following companies as the key players in the global still images market: Adobe, Dreamstime, Getty Images, Inmagine Group, and Shutterstock.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is growing concern of authenticity. Visual content helps create the perception of a particular product or brand. Millennials are more concerned with brands than the previous generations. Therefore, meaningful stories in visual content are developed to gain their attention toward a brand or product.”
According to the report, one driver in the market is rising adoption of new business models. Earlier market players obtained images from different professional photographers and offered them at higher prices. Due to the declining popularity of the print medium, the demand for still images has dropped over the years.
Further, the report states that one challenge in the market is declining profit margins. In the global still images market, the average return per image has been declining over the years because of a few changes in consumption and technology patterns.
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