Industry Analysis & Industry Trends
The Photography industry has experienced several changes as digital cameras and postproduction technologies have increasingly affected operators. While photographers are benefiting from the changes by increasing their efficiency and availability, consumers are now able to take professional-quality images without the need of a specialist. Nevertheless, revenue is expected to improve slightly in the next five years as operators focus on niche markets, such as events, sports and church directory photography, to sustain demand... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Photography industry has a low level of concentration, with the four largest photography companies in the United States generating less than 15.6% of industry revenue. The industry is dominated by small establishments, with nonemployers accounting for over 90.4% of industry establishments, yet only an estimated 36.1% of total industry revenue. Moreover, nonemployers who usually generate less than $50,000 in revenue per year make up 80.4% of all establishments, yet only 13.8% of industry revenue.
Industry concentration has fallen in the past five years as larger industry players have down scaled and shut down nonviable outlets... purchase to read more