U.S. Real Estate Photography Market Size, Industry Analysis, Trends and Forecasts, 2024-2029 - AI Image Generation Poised to Heavily Damage U.S. Photo Agencies

Research and Markets

4 July 2024 at 10:07 am·2-min read

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Dublin, July 04, 2024 (GLOBE NEWSWIRE) -- The "Real Estate Photography in the US - Industry Market Research Report" report has been added to ResearchAndMarkets.com's offering.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates, and an analysis of the industry key players and their market shares.

Instant access to hundreds of data points and trends:

Market estimates from 2014-2029
Competitive analysis, industry segmentation, financial benchmarks
Incorporates SWOT, Porter's Five Forces and risk management frameworks

Over the years to 2024, industry performance was susceptive to macroeconomic conditions, like declining unemployment and increasing per capita disposable income. The industry experienced volatility as the COVID-19 pandemic created unfavorable economic conditions, causing many establishments to temporarily close and limit their customer visits. In 2021, macroeconomic conditions recovered strongly, and revenue continued growing significantly through 2022. Revenue grew at a CAGR of 0.6% to $268.3 million over the last few years, including an estimated decrease of 2.3% in 2024.

Market share concentration for the Real Estate Photography industry in the U.S. is low, which means the top four companies generate less than 40% of industry revenue. The average concentration in the sector in the United States is 14%.

Market Insights

The price of photography sessions is a major form of competition
Real estate photography services primarily focus on luxury dwellings
Smartphone cameras will edge out professional photographic equipment, even within professional circles
Industry revenue depends on consumer spending
AI image generation is poised to heavily damage US photo agencies

Key Topics Covered

ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

For more information about this report visit https://www.researchandmarkets.com/r/5m45qq

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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