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
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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
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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%
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PAYROLL
In 2021, payroll per employee was $34,171
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PAYROLL BY STATE
California averages $33,876 in payroll per employee
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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.
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