Still Image Market Size, Share, By Type (BMP, TIF, GIF and JPEG), By License Model (Royalty Free (RF) and Right Managed (RM)), and By Region - Trends, Analysis, and Forecast till 2034

Report Code: PMI68119 | Publish Date: January 2024 | No. of Pages: 178

Global Still Image Market By Overview

Still Image Market Size was valued at USD 2.1 Billion in 2024 and is expected to reach USD 4.6 Billion by 2034 growing at a CAGR of 8.2%.

Still image, sometimes referred to as a static image, is a single, motionless photographic image or graphical depiction. This kind of visual content offers a certain message or idea while capturing a specific moment in time.   

The market for still images is expanding significantly, propelled by elements such as shifting consumer tastes, competitive dynamics, and Type developments. The industry's ability to adjust to digitalization, sustainability initiatives, and geopolitical shifts is demonstrated by its growth. In order to take advantage of new opportunities and broaden the range of products offered, the market's expansion may also entail investigating new geographic areas, product categories, or market segments.

Still Image Market Size

Global Still Image Market By Dynamics

Key Drivers of Target Market:

Technological advancements

  • New developments in Type frequently result in better goods, services, and procedures, which boost industrial growth and competitiveness. New technological advancements such as use of AI tools have been effective for many applications such as criminal record, data management and social media.

Changing Customer Preference:

  • Market trends and industry dynamics can be greatly impacted by changes in consumer preferences, such as a need for digital solutions or sustainable products. In the modern era of smart-phones and digitalization it acts as a market driver.

Regulatory Environment:

  • Industry practices and market strategies are greatly influenced by laws and rules, particularly those pertaining to trade, environmental protection, and safety. Everything on the portal is regulated by frameworks.

Restrains:

Safety and declining rate of return per image:

  • The safety of personal documents and belonging is a true restrain for the market as there are many possibilities of data theft and hacking across the internet. The declining rate of return per image is also a restraining factor for the market

Opportunities:

Rising demand:

  • Notwithstanding obstacles, the development of AI-powered picture editing, high-resolution photography technologies, and the growing popularity of stock photo platforms are driving growth in the still image market. Advancements in camera Type, including professional DSLR/mirrorless cameras and smartphone cameras, persistently enhance image quality and accessibility. Furthermore, automatic editing, tagging, and content customisation are made possible by the use of AI and machine learning in image editing and enhancement technologies, which is revolutionizing the creation and use of images.

Global Still Image Market By Segmentation

The market is segmented based on Type, License Model, and Region.

Type Insights:

  • BMP: A BMP file is perfect for storing and displaying high-quality digital photographs since it contains uncompressed data. Unfortunately, compared to other file formats like JPGs and GIFs, this lack of compression typically results in greater file sizes. Positively, 2D images, icons, and screen captures are compatible with the BMP format.
  • TIF: Raster graphics and image data are stored in computer files called TIFFs, or Tag Image File Formats. If you want to avoid lossy file formats, TIFFs are a great option to keep high-quality photographs before editing. They are a favorite among photographers. TIFF documents: Have a disagreement or.
  • GIF: Graphics Interchange Format is referred to as GIF. A raster file format called GIF was created specifically for simple graphics that are mostly found online. Up to 8 bits per pixel and 256 indexed colors are supported in each file. Additionally, GIF files enable the combining of images or frames to produce simple animations. These files can be opened in a variety of programs and have the.gif extension.
  • JPEG: Joint Photographic Experts Group, or JPEG for short, is an international group that standardized the format in the late 1980s and early 1990s. It has always been the preferred file format for digital photos, ever since photographers started taking and saving pictures with digital cameras and other reprographic equipment.

License Model Insights:

  • Royalty Free (RF): One special type of photographs that require a permission is the royalty-free image. Companies can use their selected image as often as they'd like by paying a one-time license price. One benefit of royalty-free photos is that, after you've paid for them, you don't have to renew the license. When a picture is royalty-free, it means that anyone who purchases the license or other businesses and individuals may use it in their works without restricting it to the buyer. It's also advantageous that these photos don't need credit to their original creator, especially if you're using them for a presentation or social media campaign.
  • Right Managed (RM): Photos or graphics that are licensed under a restricted usage license known as Rights-Managed are referred to as Rights Managed Images, or RM. This means that the stock agency will grant you a Rights Managed license for the specific image you wish to use, and you, the customer, will negotiate the usage of the photographs, the time, and the location.

Regional Insights

  • North America: The North American Still Images Market is propelled by increasing trends in social media, favorable policies, and a significant emphasis on grid stability. The United States and Canada are the leaders in adoption, and the use of AI in still images administration.
  • Asia Pacific: The Asia Pacific area is poised for solid expansion in the Still Images market, owing to number of users, rapid urbanization, and increased artificial intelligence tool use. Government measures to modernize safety frameworks and increase dependability are critical.
  • Europe: Europe is on track to become the world’s largest Still Images market, powered by ambitious Visual content objectives and severe aspirations. The region's strong, smart grid infrastructure and supportive legislative framework, such as the privacy concerns and multiple step verification of users, allow for rapid regulatory implementations.
  • Latin America: The still image market in Latin America is predicted to rise gradually, driven by increased use of social media and internet, particularly AI and photoshop, as well as initiatives to modernize aging grid techniques. The region aims to improve grid stability, reduce privacy fraud issues, and increase returns per image through demand-side management.
  • Middle East and Africa: This region is seeing increased interest in still images generated, particularly in countries with high law and order objectives and needing greater grid stability. Still Images are viewed as a solution for managing peak demand in fast-developing urban regions while supporting rural awareness efforts.

Still Image Market Report Scope:

Attribute

Details

Market Size 2024

USD 2.1 Billion 

Projected Market Size 2034

USD 4.6 Billion

CAGR Growth Rate

8.2%

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Type - BMP, TIF, GIF and JPEG

By License Model – Royalty Free (RF) and Right Managed (RM)

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study segmented the target market report based on Type, License Model, and Region.

By Type:

  • BMP
  • TIF
  • GIF
  • JPEG

By License Model:

  • Royalty Free (RF)
  • Right Managed (RM)

By Region:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa

Global Still Image Market By Key Players

The key players operating the target market includes, 123RF Limited, Adobe Systems Inc, Dreamstime, LLC, Getty Images, Inc, Shutterstock, Inc, Alamy Limited, AP Images, Can Stock Photo, Depositphotos Inc, and Dissolve Inc.

Still Image Market Players

Global Still Image Market By Key Issues Addressed

  • In September 2021, Shutterstock announces purchase of PicMonkey. PicMonkey allows creators to access thousands of templates, graphics and fonts, with tips and tutorials for producing sophisticated visual designs with an editorial look and feel for a diverse array of channels. This acquisition builds upon Shutterstock's strategy to expand its offering to small businesses, by providing additional tools to non-professionals for elevating their visual content across a variety of platforms. Visual content is the cornerstone of brand storytelling. At Shutterstock, democratizing creativity and empowering the creation of professional content by anyone, regardless of design experience, has always been at the heart of the company's vision.

Global Still Image Market By Company Profile

  • 123RF Limited*
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Adobe Systems Inc
  • Dreamstime
  • LLC
  • Getty Images Inc,
  • Shutterstock, Inc
  • Alamy Limited
  • AP Images
  • Can Stock Photo
  • Depositphotos Inc
  • Dissolve Inc.

“*” marked represents similar segmentation in other categories in the respective section.

Global Still Image Market By Table of Contents

Research Objective and Assumption

  • Research Objectives
  • Assumptions
  • Abbreviations

Market Preview

  • Report Description
    • Market Definition and Scope
  • Executive Summary
    • Market Snippet, By Type
    • Market Snippet, By License Model
    • Market Snippet, By Region
  • Opportunity Map Analysis

Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Drivers
    • Restraints
    • Market Opportunities
  • Market Trends
  • Product Launch
  • Merger and Acquisitions
  • Impact Analysis
  • PEST Analysis
  • Porter’s Analysis

Market Segmentation, Type, Forecast Period up to 10 Years, (USD Bn)

  • Overview
    • Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • BMP
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • TIF
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
    • Segment Trends
  • GIF
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
    • Segment Trends
  • JPEG
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
    • Segment Trends

Market Segmentation, License Model, Forecast Period up to 10 Years, (USD Bn)

  • Overview
    • Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Royalty Free (RF)
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Right Managed (RM)
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, By Region, Forecast Period up to 10 Years, (USD Bn)

  • Overview
    • Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Regional Trends
  • North America
    • Market Size and Forecast (USD Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By License Model, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • U.S
      • Canada
  • Asia Pacific
    • Market Size and Forecast (USD Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By License Model, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • India
      • Japan
      • South Korea
      • China
      • Rest of Asia Pacific
  • Europe
    • Market Size and Forecast (USD Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By License Model, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • UK
      • Germany
      • France
      • Russia
      • Italy
      • Rest of Europe
  • Latin America
    • Market Size and Forecast (USD Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By License Model, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • Brazil
      • Mexico
      • Rest of Latin America
  • Middle East and Africa
    • Market Size and Forecast (USD Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By License Model, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • GCC
      • Israel
      • South Africa
      • Rest of Middle East and Africa

Competitive Landscape

  • Heat Map Analysis
  • Company Profiles
  • 123RF Limited
  • Adobe Systems Inc.
  • Dreamstime
  • LLC
  • Getty Images Inc.
  • Shutterstock Inc.
  • Alamy Limited
  • AP Images
  • Can Stock Photo
  • Depositphotos Inc.
  • Dissolve Inc.

The Last Word

  • Future Impact
  • About Us
  • Contact

FAQs

Still Image Market Size was valued at USD 2.1 Billion in 2024 and is expected to reach USD 4.6 Billion by 2034 growing at a CAGR of 8.2%.

Still Images Market is segmented into Type, License Model, and Region.

Factors driving the market include the advancement in technology, changing customer preference and regulatory environment.

Still Images Market's restraints include the barriers to safety and decline rate of return per image.

The Still Images Market is segmented by region into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. North America is expected to dominate the Market.

The key players operating the target market includes, 123RF Limited, Adobe Systems Inc, Dreamstime, LLC, Getty Images, Inc, Shutterstock, Inc, Alamy Limited, AP Images, Can Stock Photo, Depositphotos Inc, and Dissolve Inc.