Photographic Services Industry Profile

Report Page Length: 10-12
Last Quarterly Update: 6/15/2015
SIC Codes: 7221, 7335
NAICS Codes: 54192
Chapters Include:
Industry Overview Trends & Challenges Industry Forecast
Quarterly Industry Update Call Prep Questions Website & Media Links
Business Challenges Financial Information Glossary & Acronyms
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Excerpt from Photographic Services Industry Profile

Companies in this industry provide services such as commercial and industrial photography, portrait photography, and special events photography. Major companies include portrait studios Lifetouch (owner of Olan Mills) and Portrait Innovations and commercial photo services Getty Images and Corbis (all based in the US), as well as Dimension Studios (a unit of Australia-based PMP), PixiFoto (the UK), and Studio Alice (Japan).

Global spending on commercial photography is projected to reach about $11 billion by 2015, according to Global Industry Analysts. Providers of photographic services generally operate within a single country or region. In developing nations, commercial photography is still considered a nascent industry with potential for growth.

The US photographic services industry includes about 18,000 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $6.8 billion.


Demand is closely tied to consumer income and corporate marketing activity. The profitability of individual companies depends heavily on effective marketing. Large companies have economies of scale in marketing and production. Small companies can compete effectively by offering specialized services or holding favorable locations. The US photographic services industry is fragmented: the 50 largest companies generate about 40 percent of revenue.


Major products are family portraits and images for corporate advertising and marketing materials. Portrait studios account for about 75 percent of industry revenue; commercial photography for about 25 percent.

Family portrait companies specialize in just one segment of ...

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