( MENAFN - EIN Presswire) Stock Images Market stock images industry generated $6.4 billion in 2022, and is anticipated to generate $12.2 billion by 2032, witnessing a CAGR of 6.
8% from 2023 to 2032 DELAWARE, WILMINGTON, UNITED STATES, May 23, 2024 /EINPresswire / -- Allied Market Research published a report, titled, "Stock Images Market by Product Type (Nature Photography {Animals and Insects, Flowers and Plants, Landscapes, Sky and Clouds, and Others), People Photography {Sports, Wedding, Event, Fashion, Travel, Commercials, and Others}, Manmade Objects {Product Photography, Real Estate, Food, Still Life Photography, and Architecture}, and Abstract Photography): Global Opportunity Analysis And Industry Forecast, 2023-2032". According to the report, the global stock images industry generated $6.4 billion in 2022, and is anticipated to generate $12.
2 billion by 2032, witnessing a CAGR of 6.8% from 2023 to 2032. ➡️Download Research Report Sample & TOC : Prime determinants of growth The growth of the global stock images market is driven by increase in demand for digital media campaigns, benefits associated with paid stock images, and rise in e-commerce industry.
However, the availability of artistic and creative free stock images hampers the growth of the market. On the contrary, high internet penetration rate among developed and developing economies and technological developments are expected to offer remunerative opportunities for the expansion of the stock images market d.
