Delivered March 19, 2020. Contributor: Olatunji O.
To quantify the size of the commercial and fashion photography market.
The revenue of the United States commercial photography industry was $1.8 billion in 2018. The industry had an average annual growth of 1.9% between 2015 and 2018.
In the photographic services market, the United States accounts for 30% of the market.
Additionally, commercial lines of products and services represent 23.8% of the United States photography industry. On the other hand, portraits and wedding segments account for 51.7% and 8.6%, respectively.
The global photography services market is expected to grow by $10.24 billion between 2019 and 2023 with a cumulative annual growth rate of 5% within the same period.
These paywalled sources (here and here) may offer more insights on the commercial photography market in the United States.
Only the project owner can select the next research path.