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


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

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