The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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This report covers the present scenario and the growth prospects of the global still images market for 2017-2021. To calculate the market size, the report considers the cover value and volume sales for only stock imagery.
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The following companies are the key players in the global still images market: 123RF, Adobe Systems, Dreamstime, Getty Images, and Shutterstock.
Other Prominent Vendors in the market are: Alamy, AP Images, Can Stock Photo, Depositphotos, Dissolve, Dreamstime, Envato, Fotosearch, Photofolio, Reuters Pictures, PIXTA, and POND5.
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The latest trend gaining momentum in the market is growth of microstock images. Over the last two years, stock agencies have created or acquired microstock divisions.
Vendors in the microstock photography segment source images from photographers and sell licenses for the use of these photos at prices lower than those charged by traditional stock photography agencies (between $1 and $100 per photo).
According to the report, one of the major drivers for this market is evolution of new business models. Earlier, vendors procured images from professional photographers and sold them at high prices.