A market research study has concluded that the commercial photography business is growing, largely thanks to a surging e-commerce industry.
Fact.MR, a market research company, estimated that the global commercial photography market size is an estimated $5.2 billion in 2022 and is projected to evolve a further 2.2% in the next decade until 2032.
“Since it is a modern tool that enhances the business image and makes enterprises stand out differently from competitors, commercial photography is here to stay,”The global commercial photography market is projected to expand at a moderate CAGR of 2.2% and reach $6.5 billion by 2032. “Product photography to become an opportunistic factor for the demand for commercial photography,” says a Fact.MR analyst.The United States commercial photography market is estimated to expand at a CAGR of 1.9% during the forecast period .
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