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Global Stock Images and Videos Market Report 2018: Outlook and Forecast 2017-2023 - Major Players are Getty Images, Visual China, Shutterstock & AdobeDUBLIN, Aug. 9, 2018 /PRNewswire/ -- The "Stock Images and Videos Market - Global Outlook and Forecast 2018-2023" report has been added to ResearchAndMarkets.com's offering. The Global Stock Images and Videos Market Size are Expected to Generate Revenues of Over $4 Billion by 2023, Growing at a CAGR of Over 5% 2017-2023 Stock Images and Videos Market - Overview The use of visual plays to engage consumers in commerce and communication will drive the growth of the market over the next few years. Smartphones are considered as one of the prominent tools of modern photography in this digital media age in the market. Top companies such as Scoopshot and EyeEm are driving a trend for on-demand, crowd-sourced images that allows the photographers to deliver for assignments and earn from these images that are licensed. Furthermore, vendors are offering personalized content by the recording of purchase history, analyzing data of users, and using smart technology to display the visual content as per their requirements in the market. Such initiatives will drive the transformation of the global stock images and videos market. Stock Images and Videos Market - By Application "Digitalization to drive demand for commercial applications in the global stock images and videos market" The application segment in the global stock images and videos market is divided into commercial and editorial. Commercial segment occupied around 3/4th of the market share in 2017, growing at a CAGR of approximately 5% during the forecast period. Commercial content is used of promoting, marketing, and advertising products and services on traditional ad mediums such as billboards and magazines, digital mediums such as blogs, websites, and collateral such as brochures in the global market. Digitalization is improving the interactivity of various platforms through the use of still and moving images in the global market. The boom of the streaming services such as Hulu, Amazon Prime, and Netflix will drive the demand for stock footage and images in the global market. The growth of the retail sector will also have a positive impact on the global stock images and videos market during the forecast period. Stock Images and Videos Market - By Product "E-commerce business uses the largest amount of still photos in the global stock images and videos market" The global stock images and videos market by product is segmented into still images and footage. Still image segment dominated the largest market share in 2017, growing at a CAGR of around 5% during the forecast period. The growing use of white background studio shots images for various e-commerce websites is driving the growth of this segment in the global market. The adoption of new business models and advanced technologies to offer personalized emails and other marketing materials to consumers will drive the demand for still images in the global market. The introduction of cross-agency platforms that integrate both macro and microstock through the use of neural networking is just making the whole job of having to decide between different sites hassle-free will revolutionize the global market. Moreover, the trend of embedding images with audio, video, and interactivity in still photos will transform the global stock images and videos market. Stock Images and Videos Market - By License Model "Growing awareness about cost-effective RM licenses to drive sales in the global stock images and videos market" The license model in the global stock images and videos market is categorized into RM and RF. RM occupied the majority of the market share in 2017, growing at a CAGR of more than 4% during the forecast period. The improvements in the quality of imagery, intensified by the need to prevent brand dilution are one of the major factors promoting the demand in this segment of the global market. The trend of creating unique Pinterest boards or Instagram feeds to deliver the essence of the brands and increasing consumer awareness is driving this license model in the global market. Various macrostock agencies are increasingly sourcing RM images from partner agencies in the US, the UK, and the German market for their advertising and marketing needs in the market. The affordability and flexibility of this license model will contribute to the revenues in the global market. Stock Images and Videos Market - By Geography "Multimedia content to promote the development of North America in the global stock images and videos market" The global stock images and videos market by geography is segmented into North America, Europe, APAC, and ROW. North America dominated the largest market share in 2017, growing at a CAGR of around % during the forecast period. The new digital advertising medium Facebook and Google is one of the major contributors to the North American market. The increasing focus on creating better user experiences to prevent the eroding viewership through the creation of multimedia content will propel the growth of this region in the global market. The increasing dependency on visual, interactive storytelling creating opportunities for data visualizations, video, quizzes, slideshows, and polls will help in the development of the North American market during the forecast period. Large companies such as AAA Auto Insurance, Dell, US Bank, Gateway, Microsoft, H&R Block, Samsung, Grayhound use stock photos for a car stereo store, a chat line for teens, a series of books, and an actuary site in the North American market. Key Countries Profiled The key countries profiled in the report are:
Key Vendor Analysis
Other prominent vendors include: 123RF, Alamy, AP Images, Can Stock Photo, Coinaphoto, Death to Stock, DepositPhotos, Dissolve, Dreamstime, Fotosearch, Masterfile, Photofolio, Pixta, Pond5, Reuters Images, Stocksy, SuperStock, VideoBlocks, ImagesBazaar, Videvo, Pexels, and NHK Video Bank. Key Topics Covered: 1 Research Methodology 2 Research Objectives 22 Other Prominent Vendors For more information about this report visit https://www.researchandmarkets.com/research/7mntjx/global_stock?w=5 Media Contact: Research and Markets SOURCE Research and Markets |