Photography - 2022 U.S. Market Research Report with Updated COVID-19 Forecasts

Photography - 2022 U.S. Market Research Report with Updated COVID-19 Forecasts

The 2022 Photography Market Research Report is one of the most comprehensive and in-depth assessments of the industry in the United States with over 100+ data sets covering 2013-2026.

This Kentley Insights report includes historical and forecasted market size, product lines, profitability, financial ratios, BCG matrix, statistics by state, operating expense details, organizational breakdown, consolidation analysis, employee productivity, price inflation, pay bands for the top 20 industry jobs, trend analysis and forecasts on companies, locations, employees, payroll, and much more.

The Photography industry includes companies primarily engaged in providing still, video or computer photography services, including the video taping of special events. These companies may specialize in a particular field of photography, such as aerial photography, commercial and industrial photography, portrait photography and special event photography.

This report was developed utilizing the results from extensive business surveys and econometrics. Professionals utilize this report for market sizing, benchmarking, strategic planning, due diligence, cost-cutting, planning, understanding industry dynamics, evaluating opportunities, forecasting, streamlining, gap analysis, and other analyses.

Review the table of contents or download a sample report to see the data-rich insights, which leaders have come to depend on for their research, strategic, and benchmarking needs.

Below are a few of the hundreds of stats from the report:

INDUSTRY SIZE

In 2021, industry sales were $6.9 billion
Purchase now for historicals (2012-2021) and forecasts for 2022 and the next 5 years

INDUSTRY GROWTH

Over the past 3 years, the industry has grown at an annual rate of 1.9%
The report has historical, annual and forecasted growth rates

COMPANY GROWTH

There are 12,550 companies in the industry
Learn more about the historical and forecasted industry composition

SALES PER COMPANY

In 2021, the average sales per company was $.5 million
Purchase now for historical and forecasted sales per company

INFLATION & PRICING

2020 inflation was 3.5%
The report has historicals (2013-2021), 4 years of monthly figures, and 2022 & 5-year forecast

PROFITABILITY

For unprofitable companies, the average net loss is -22.9%
The report has more on market and profitability dynamics

RIGHTSIZING ANALYSIS

Employee productivity is $116,274
Learn more about historical and forecasted employee productivity

EXPENSE BENCHMARKING

2.4% of expenses is spent on health insurance
Benchmark against 24 other expense categories

OPERATING EXPENSES

In 2021, industry operating expenses declined -3.3%
Purchase now for historical and forecasted OPEX

PAYROLL

In 2021, payroll per employee was $34,171
Get the full picture with historicals and the 2022 and 5-year forecasts

PAYROLL BY STATE

California averages $33,876 in payroll per employee
Purchase now for payroll stats on other states

JOB CATEGORIZATION BENCHMARKS

3.9% of employees in the industry are in management positions
Benchmark against 13 other job categories

JOB CATEGORIZATION PAY RANGES

The average industry hourly pay for office and administrative jobs is $19.49
Purchase now for the bottom 10%, 25%, average, top 75% and 90% pay ranges in 14 job categories

The above stats represent a small fraction of what you will find in this report.

Purchase the 2022 Photography Market Research Report now to unlock the insight from one of the most trusted research firms.


2022 Photography U.S. Market Research Report:
OVERVIEW
Report Overview
Industry Overview
Methodology
Industry Definition & Profile
Revenue & Growth Snapshot
Costs & Profitability Snapshot
INDUSTRY PERFORMANCE
Trend Analysis from 2013 to 2021
2022 Forecast
5-Year Forecast
Total Revenue / Sales
Number of Companies
Number of Locations
BREAKDOWN OF PRODUCT LINES
Percentage of Revenue from Top Product Lines
GROWTH BENCHMARKS
Trends from 2013 to 2021
Forecasts for 2022 and the Next 5 Years
Revenue per Company
Revenue per Location
Locations per Company
BCG MATRIX
Income vs. Revenue Growth Matrix
Service Subsectors vs. Industry
STATE STATISTICS
Revenue per Employee and State Rankings
Number of Employees and State Rankings
Sales per Capita and State Rankings
Sales as a Percent of Income by State
Sales per Location and State Rankings
Payroll per Employee and State Rankings
PRICING & INFLATION
Annual Inflation - Indexed to 2006
Trends from 2013 to 2021
Forecasts for 2022 and the Next 5 Years
Seasonal Monthly Inflation Figures for the Past 4 Years
PROFITABILITY & FINANCIAL RATIOS
Percent of Companies that are Profitable
Average Net Income as a Percent of Revenue
Total Asset Turnover
Fixed Asset Turnover
Fixed Assets to Total Assets Ratio
Total Assets to Total Liabilities Ratio
Return on Sales
Return on Total Assets
Return on Net Worth
Total Liabilities to Net Worth Ratio
Fixed Assets to Net Worth Ratio
Solvency Ratio
WORKFORCE BREAKDOWN
Management & Finance
Sales & Marketing
IT & Engineering
Service, Support & Training
Operations
OPERATING EXPENSE DETAILS
Employee Expenses
Annual Payroll
Health insurance
Defined benefit pension plans
Defined contribution plans
Other fringe benefits
Contract labor costs, incl. temporary help
Property Expenses
Lease and rent for buildings, offices, stores
Repairs and maintenance to buildings
Purchased electricity
Purchased fuels (except motor fuels)
Water, sewer, refuse, other utility payments
Equipment Expenses
Expensed equipment
Lease and rent for machinery and equip.
Repairs, maint. to machinery and equip.
Depreciation and amortization charges
Other materials, parts, and supplies
IT Expenses
Data processing & other computer services
Communication services
Expensed purchases of software
Miscellaneous Expenses
Advertising and promotional services
Professional and technical services
Taxes and license fees
Other Operating Expenses
OPERATING EXPENSES
Industry Operating Expenses
Industry Revenue vs. Operating Expense Growth
Operating Expense as a Percent of Revenue
Operating Expenses per Company
Operating Expenses per Location
Revenue vs. Expenses Growth per Location
Trends from 2013 to 2021
Forecasts for 2022 and the Next 5 Years
PRODUCTIVITY & INDUSTRY EMPLOYMENT
Trends from 2013 to 2021
Forecasts for 2022 and the Next 5 Years
Revenue per Employee
Total Industry Employees
Employees per Company
CONSOLIDATION ANALYSIS
Number of Companies by Business Size
Number of Locations by Business Size
Locations per Company by Business Size
2012 versus 2021
EMPLOYMENT BY BUSINESS SIZE
Number of Employees by Business Size
Employees per Company by Business Size
Employees per Location by Business Size
2012 versus 2021
SERVICES SUBSECTOR BENCHMARKING
Sales and 5-Year CAGR
Number of Companies
Number of Locations
Locations per Company
Employees per Company
INDUSTRY PAYROLL
Payroll per Employee
Payroll per Company
Payroll per Location
Trends from 2013 to 2021
Forecasts for 2022 and the Next 5 Years
PAYROLL BY BUSINESS SIZE
Payroll per Company
Payroll per Location
Payroll per Employee
2012 versus 2021
JOB CATEGORIZATION PAY RANGES
Management & Finance
Sales, Service & Marketing
IT & Engineering
Service & Support
Operations
Pay Bands - Bottom 10% & 25%, Mean, Top 25% & 10%
TOP 20 JOBS BREAKDOWN
Percent of Total Employees
Pay Bands - Bottom 10% & 25%, Mean, Top 25% & 10%

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