Stock Video Market By User Type (Individual Creators, Small & Medium Enterprises, Large Enterprises, Educational Institutions), By Platform Type (Stock Video Agencies, User-Generated Content Platforms), By Vertical Industries (Media and Entertainment, Corporate and Business, Education, Healthcare an
Published on: 2024-08-06 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Stock Video Market By User Type (Individual Creators, Small & Medium Enterprises, Large Enterprises, Educational Institutions), By Platform Type (Stock Video Agencies, User-Generated Content Platforms), By Vertical Industries (Media and Entertainment, Corporate and Business, Education, Healthcare an
Stock Video Market Valuation – 2024-2031
The Stock Video Market is growing significantly in recent years, due to rising demand for high-quality visual content across a wide range of businesses. This market serves a diversified set of users, including filmmakers, advertisers, content developers and educators who need a variety of video clips for their projects. Shutterstock, Adobe Stock and Pond5 are industry leaders, with huge footage libraries spanning a wide range of themes and genres. Stock videos have become an indispensable resource for professionals seeking to improve their visual storytelling without the need for expensive and time-consuming original shoots. These factors are likely to enable the market size surpass USD 5.99 Billion valued in 2023 to reach a valuation of around USD 9.98 Billion by 2031.
Technological advancements, such as higher video resolution and quicker internet speeds have also helped to drive industry growth. Stock video sites now offer clips in ultra-high resolution (4K) and even 8K meeting the growing demand for premium quality. Furthermore, the advent of social media and digital marketing is raising the demand for interesting and dynamic content, further propelling the Stock Video Market. The rising demand for Stock Video is enabling the market grow at a CAGR of 8.75% from 2024 to 2031.
Stock Video MarketDefinition/ Overview
Stock video is pre-recorded material available for license to filmmakers, video producers and content developers. These movies include a wide range of subjects and scenarios, from natural scenes to urban landscapes and are utilized to supplement video projects without requiring original filming. Stock videos save time and resources by providing high-quality visuals quickly.
Stock video assets are adaptable and can be utilized in a variety of media projects. They improve marketing campaigns, social media postings and advertising by providing professional quality without the cost of specialized shoots. Filmmakers and video developers use them for B-roll, background scenes and visual storytelling. They can also be used in educational videos, presentations and website designs to interest and inform viewers.
Stock video offers the potential to transform content development by allowing for quick, cost-effective production in marketing, education and entertainment. It benefits a wide range of industries, including advertising and movies by strengthening storytelling with high-quality images. As AI progresses, personalized and dynamic stock footage will enhance user experiences making it a useful tool for both creators and corporations.
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Will Increasing Demand for Visual Content Drive the Stock Video Market?
The growing need for visual material is definitely a key driver of the Stock Video Market. As digital platforms increase and consumers prefer video-based communication, businesses of all sizes recognize the importance of appealing images in engaging their audiences effectively.
Visual content, including stock videos is critical for improving storytelling, delivering concepts clearly and catching audience attention amidst a sea of digital content. Businesses utilize stock videos extensively in a variety of settings, including marketing campaigns, social media posts, websites, presentations and e-learning modules. When opposed to creating unique content, stock video is a more convenient and cost-effective option for many organizations.The global shift toward remote work and virtual communication is driving demand for digital content, especially stock movies, to promote effective online interactions and collaborations.
As technology improves video quality and accessibility and more platforms incorporate video into their user experiences, the demand for diverse and high-quality stock video material is projected to rise. This development creates huge opportunity for stock video companies and creators to innovate and grow their offerings in response to the changing needs of businesses and consumers throughout the world. As such, rising demand for visual content is a key component driving the Stock Video Market’s steady expansion.
Will Increasing Copyright and Licensing Issues Hamper the Stock Video Market?
Increasing copyright and licensing concerns can impede the expansion of the Stock Video Market. As the demand for visual content grows, so does the need of maintaining legal compliance and protecting intellectual property rights.
One of the most pressing concerns is the unlawful usage of copyrighted material. To prevent legal ramifications, stock video agencies must painstakingly verify the ownership and licensing rights of the content they supply. Similarly, organizations and producers using stock movies must follow license terms to avoid copyright infringement, which can result in costly lawsuits and reputational harm.
Furthermore, the complexities of worldwide copyright laws and varying restrictions across states add another layer of difficulty. International stock video firms have to traverse numerous regulatory frameworks, which can be time-consuming and costly.
Emerging technologies such as deepfakes and AI-generated material pose significant copyright concerns. In this changing world, it is increasingly important to ensure that information is original and legally licensed.
Despite these hurdles, proactive steps such as strong copyright education, explicit license agreements and technical tools for tracking and monitoring content usage can help to reduce hazards. Furthermore, cooperation among industry players, legal experts and politicians to expedite copyright processes and improve enforcement methods are critical for the Stock Video Market’s growth and integrity.
Thus, while copyright and license concerns pose challenges, effectively managing these issues may protect the market and support continuous innovation and expansion in visual content creation and dissemination.
Category-Wise Acumens
Will Increasing Demand for High-Quality Footage Drive the User Type Segment?
The growing demand for high-quality footage by individual creators is bolstering the growth of Stock Video Market. This tendency is especially visible in business and large organizations, which demand a consistent flow of professional-grade material for a variety of reasons such as marketing, advertising, training and corporate communications. As these firms attempt to maintain a competitive edge and improve their brand image, the importance of visually appealing and engaging content grows.
Individual artists, like YouTubers, freelancers and small company owners are also seeing an increase in demand for high-quality footage. As content creation becomes more accessible and competitive, these users look for stock video to elevate their projects and help them stand out in crowded digital environments.
Individual artists may now create professional-looking video without investing heavily in equipment and production resources because to the availability of high-quality, low-cost stock footage.
Educational institutions also profit from this trend. With the growth of e-learning and online education, there is a greater demand for compelling, high-quality video content to supplement virtual classrooms and instructional materials. Stock film can help instructors generate appealing educational content more efficiently.
Overall, the rising need for high-quality footage is boosting the stock video industry across all user types, especially individual creators; thereby, enabling the region dominate the market.
Will Increasing Demand for Professional Content for Diverse Industries Drive the Platform Type?
The growing need for professional content across a variety of businesses is boosting platform types in the Stock Video Market. Stock video organizations, which specialize in curating and distributing high-quality, professionally produced material are seeing rising demand and use. It is such applications that are projected to allow the segment retain its dominance in the market. Industries such as advertising, media production, education and corporate communications rely largely on these organizations to provide visually appealing content that meets their specific requirements and standards.Stock video agencies provide various benefits over user-generated content platforms in terms of quality, dependability, and license. Businesses and organizations favor these firms because they regularly offer professional-quality material that enhances rather than detracts from their brand’s image and messaging. Additionally, agencies frequently provide a broader range of film classifications and hems, catering to diverse industry requirements and creative visions.
While user-generated content sites contribute to the stock video industry by delivering more economical and often niche-specific material, they may not always match the demanding quality and licensing standards of larger corporations and sectors. As the demand for polished, professional material grows in sectors such as advertising and education, stock video firms are well-positioned to profit on this trend by increasing their services and enhancing accessibility to meet the needs of a wide range of industries. This segment is expected to witness rapid growth over the forecast period.
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Country/Region-wise Acumens
Will Increasing Robust Digital Marketing Industry Drive the Market in North America?
The growing strength of the digital marketing business in North America is propelling the market. As organizations prioritize digital platforms for marketing and communication, there is a rising need for high-quality visual content, such as stock videos. North America with its advanced digital infrastructure, major advertising agencies and countless media production companies, is likely to lead it’s the way in consuming and generating such content.
Engaging images are critical in digital marketing because they catch and hold audience attention across multiple platforms such as social media, websites and digital adverts. Stock videos play an important part in this ecosystem since they provide ready-made, professionally produced content that boosts storytelling and brand messaging effectively.
Due to its technological and innovative leadership, North America will continue to be a hub for content development and dissemination. Major cities like Los Angeles, New York and San Francisco house several creative agencies, studios and IT enterprises that contribute significantly to the Stock Video Market’s growth.
As digital marketing budgets grow and businesses seek to differentiate themselves in competitive online environments, the demand for diverse and high-quality stock video content in North America is expected to increase further, cementing the region’s position as a global market leader.
Will Rising Number of Content Creators and Businesses Adopting Video Content Drive the Asia Pacific Region?
The growing number of content creators and businesses using video content is propelling the Asia-Pacific region, making it a key growth sector in the worldwide Stock Video Market. As digitization advances in countries such as China, India, Japan, South Korea and Southeast Asia, there is a noticeable move toward video as the preferred medium of communication, marketing and entertainment. Asia-Pacific’s strong economic expansion, along with rising internet penetration and smartphone adoption rates, have culminated in a large audience for digital content consumption. Businesses are understanding the power of video in engaging audiences and are increasingly using it into their marketing plans to reach and interact with customers in meaningful ways. The region’s robust start-up economy and developing creative industries are spawning a new generation of content creators who are generating high-quality videos for different reasons, including social media, e-learning and corporate communication.
Also, cultural variety in Asia-Pacific provides unique potential for stock video companies to respond to specific content needs, accelerating market growth. China and India, with their large populations and increasing middle class are fueling demand for both domestic and foreign video programming.Overall, as more businesses and creators in Asia-Pacific adopt video as a strong communication tool, the region’s Stock Video Market is expected to grow significantly, providing major potential for both industry players and investors.
Competitive Landscape
The Stock Video Market is a dynamic and competitive space, characterized by a diverse range of players vying for market share. These players are on the run for solidifying their presence through the adoption of strategic plans such as collaborations, mergers, acquisitions, and political support. The organizations are focusing on innovating their product line to serve the vast population in diverse regions.
Some of the prominent players operating in the Stock Video Market include
Shutterstock, Inc., Adobe, Inc., Getty Images, Inc., Ponds, Inc., iStock (by Getty Images), VideoBlocks, Storyblocks, Inc., Dissolve, Inc., Depositphotos, Inc., MotionElements Pte. Ltd.
Latest Developments
- In June 2018, Shutterstock partnered with Dronebase, Inc. to expand its video collection with professional quality 4K aerial footage.
- In May 2018, Shutterstock partnered with IBM Watson Content Hub to simplify media campaign creation. This relationship offers users in-platform access to professional photos, video clips, and music tracks, transforming content creation.
Report Scope
REPORT ATTRIBUTES | DETAILS |
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Study Period | 2018-2031 |
Growth Rate | CAGR of ~8.75% from 2024 to 2031 |
Base Year for Valuation | 2023 |
Historical Period | 2018-2022 |
Forecast Period | 2024-2031 |
Quantitative Units | Value in USD Billion |
Report Coverage | Historical and Forecast Revenue Forecast, Historical and Forecast Volume, Growth Factors, Trends, Competitive Landscape, Key Players, Segmentation Analysis |
Segments Covered |
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Regions Covered |
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Key Players | Shutterstock, Inc., Adobe, Inc., Getty Images, Inc., Ponds, Inc., iStock, VideoBlocks, Storyblocks, Inc., Dissolve, Inc., Depositphotos, Inc., MotionElements Pte. Ltd. |
Customization | Report customization along with purchase available upon request |
Stock Video Market, By Category
User Type
- Individual Creators
- Small & Medium Enterprises
- Large Organizations
- Educational Institutions
Platform Type
- Stock Video Agencies
- User-Generated Content Platforms
Vertical Industries
- Media and Entertainment
- Corporate and Business
- Education
- Healthcare and Medical
Geography
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
Research Methodology of Market Research
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players• The current as well as a future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
Customization of the Report
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