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Jul 23, 2024 · The global market for underwater photography equipment is estimated to reach $3.1 billion by 2028. The global market for photo editing apps is projected to reach $7.7 billion by 2026. The global market for photography contests and awards is estimated to be worth $2.4 billion. The online photo book market is expected to grow to $3.5 billion by 2025.
Jul 12, 2024 · The global photography market size was valued at $105.2 billion in 2023, according to a study by Verified Market Reports. With a compound annual growth rate of 4.4 percent, the market is projected to reach $161.8 billion in 2030. This international market is dominated by North America and Western Europe, with shares of 45 percent and 25 percent ...
Jul 24, 2024 · The market size of the global photo printing industry is estimated to be $19.2 billion by 2027. The revenue generated by the stock photography market worldwide reached $3.31 billion in 2020. In 2021, the photography lighting equipment market was valued at $507.1 million globally. The global market size of camera lens is anticipated to reach $4. ...
Jul 23, 2024 · The global photography market is projected to reach a value of $110.79 billion by 2026. Statistic 2. The photography industry is one of the fastest-growing industries with a 6.8% annual growth rate. Statistic 3. The demand for aerial photography services is expected to grow by 12% annually. Statistic 4.
- Top 15 Photography Industry Statistics
- Employment Numbers
- Income Potential
- Industry Numbers
- Frequently Asked Questions About Photography Industry
- Conclusion
Careers in photography are expected to grow by 17%.About 12,700 job openingsfor photographers are projected for each year.There were 110,500 professional photographersin the United States in 2020.1. Careers in photography are expected to grow by 17%.
(Pikes Peak Community College) With the world getting more digital by the day, it’s no surprise that careers inphotography are on the rise. Even so, a 17% rise in careers is nothing to sneeze at, and it’s something that you want to consider if you’re thinking about a future photographycareer.
2. About 12,700 job openings for photographers are projected for each year.
(National Bureau of Labor Statistics) There are expected to be 12,700 job openings for photographers each year. That’s quite an open market for budding photographers.
3. There were 110,500 professional photographers in the United States in 2020.
(National Bureau of Labor Statistics) In 2020, there were over 110,000 professional photographers out there! Considering the industry constantly growing, you can expect that number to rise.
7. Careers in photography are expected to see salaries rise by 12% over 5 years.
(National Bureau of Labor Statistics) Inflation is rising, but so are salaries for photographers. A 12% salary rise over 5 years means you can expect the money that you make now to keep up with inflation over the next 5 years and take you as far as it does today — that’s not something that every career can boast.
8. The median hourly pay for photographers is $18.73.
(National Bureau of Labor Statistics) $18.73 per hour works out to about $40,000 a year. Since most photographers are self-employed, your potential total income can be much higher than this. In fact, some professional photographers make close to $100,000!
9. The District of Columbia is the top-paying state for photographers with an annual mean wage of $84,590.
(National Bureau of Labor Statistics) Sometimes getting paid what you’re worth is all about moving to the right state. While the national median salary for professional photographers is just under $40,000, if you go to the District of Columbia, the annual mean salary balloons to over $84,000!
10. Global photographic services brought in $32.92 billion in 2020.
(Business Wire) There’s money in photography. In 2020 alone, people spent almost $33 billion on photography. In a world that is only going more digital by the day, you can expect those numbers to rise year after year.
11. The U.S. photography market size in 2022 is $11.5 billion.
(IBIS World) At an $11.5-billion market size, you can make decent money in the photography business in the United States. Even better for budding entrepreneurs, most of that industry is fragmented. There are not just a few companies scooping up all the money, so small businesses stand a chance at getting a slice of the pie!
12. The global photography market size is expected to reach $44.07 billion by 2025.
(Business Wire) While the world spent just under $33 billion on photography in 2020, that number is expected to exceed $44 billion by 2025! This industry is growing, which is a huge boon to job security.
Whether you’re considering a career in photographyor are just curious about what’s out there, you’re bound to have a few questions, so here are a few answers.
While taking photos on your phone is fun, it’s a far cry from the booming business that is professional photography. So much money changes hands in the photography business, and more and more industries are starting to see its value! Featured Image Credit: Kim Becker, Unsplash
Jan 2, 2024 · Photography Statistics. There are over 12,458 companies currently working in the photography services industry around the U.S. Last year, the photography industry was valued at over $36 billion. (business wire) By 2023, it’s estimated that the world’s total photo count on iPhones or Android phones will increase to 93% from 89% in 2020.
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The 2024 Photography Market Size & Growth Report details the worldwide revenue of the $33.5 billion industry. This 45-page global research report covers the market size, revenue, growth, and market share of the industry for 195 countries and 22 regions across the Americas, EMEA, and APAC. The report covers the historical timeframe from 2012 ...
