Stock Video Market, 51% of Growth to Originate from North America, Technavio
NEW YORK, May 2, 2024 /PRNewswire/ -- The global stock video market size is estimated to grow by USD 319.3 million from 2023 to 2027, according to Technavio. The market is estimated to grow at a CAGR of 7.65% during the forecast period. North America is estimated to contribute 51%. to the growth of the global market.
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The Stock Video Market report forecasts market growth by revenue at global, regional & country levels from 2017 to 2027.
Region Outlook
- North America
- Europe
- APAC
- South America
- Middle East & Africa
1. North America - North America is set to drive 51% of the global market growth. Analysts at Technavio detail regional trends and drivers shaping the market. With abundant high-quality stock footage, North America leads the industry, buoyed by major platform presence.
- These platforms offer diverse footage, attracting a broad global audience seeking engaging content. The robust US entertainment sector, notably Hollywood, amplifies North America's market dominance. US technological advancements further solidify its market position. Innovations like high-resolution cameras and editing software empower US content creators to produce professional-grade videos, spurring market growth.
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Research Analysis
The global stock video market encompasses the creation and consumption of visual content, driven by factors like technological advancements and increasing demand from industries such as advertising and social media. Competition among key players like Dronebase Inc. and Imagine Group shapes the market landscape, with a focus on product launches, partnerships, and acquisitions for business expansion.
This market is characterized by short clips catering to various needs, from filmmaking to television documentaries. Growth opportunities lie in emerging regions and the proliferation of drones for aerial footage. However, challenges such as copyright infringement and stringent regulations pose restraints.
The market's value, dominated by high-quality 4K aerial stock footage, is expected to grow steadily, fueled by demand from industries and individuals alike. A comprehensive analysis, including SWOT and Porter's five forces, provides insights into market dynamics, with a forecasted period extending to historical footage and live reality television shows.
Market Overview
In the Stock Video Market, companies focus on visual content creation and consumption. Factors like technology advancements and consumer preferences impact the market. The competitive landscape is dynamic with companies vying for market share through service launches, partnerships, and business expansions. Acquisitions are common strategies for growth and market dominance.
Company profiles provide insights into their offerings and market positioning. Product benchmarking helps assess performance against competitors. Overall, the market is driven by constant innovation and strategic maneuvers aimed at gaining a competitive edge.
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Key Topics Covered:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Vendor Landscape
11 Vendor Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
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