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Brief Excerpt from Industry Overview Chapter:
Companies in this industry provide still, video, or digital photography services, such as commercial and industrial photography, portrait photography, and special events photography. Major US companies include portrait studios Cherry Hill Programs, Lifetouch, and Picture People, as well as commercial photo service Getty Images. Outside the US, major companies include H Tempest (UK), Studio Alice (Japan), and Visual China Group.
The global photographic services market is expected to reach about $60 billion by 2032, at a compound annual growth rate (CAGR) of 6%, according to Custom Market Insights. Asia-Pacific is a major market, just after North America.
The US photographic services industry includes about 15,000 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $6 billion.