Commercial Photography - Market Size, Financial Statistics, Industry Trends

Industry Overview

This U.S. industry comprises establishments primarily engaged in providing commercial photography services, generally for advertising agencies, publishers, and other business and industrial users. Cross-References. Establishments primarily engaged in--
Source: U.S. Census Bureau

Commercial Photography Market Size

This report includes historical and forecasted market sizes and industry trends for Commercial Photography. It reveals overall market dynamics from 2020 through the present, and predicts industry growth or shrinkage through 2030. Revenue data include both public and private companies in the Commercial Photography industry.

Historical Forecasted
2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030
Market Size (Total Revenue)

Included in Report

% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data

Industry Revenue ($ Billions)

Commercial Photography Industry Market Size
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023
  • 2024

Industry Forecast ($ Billions)

Commercial Photography Industry Forecast
  • 2024
  • 2025
  • 2026
  • 2027
  • 2028
  • 2029
  • 2030


Pell Research's advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size statistics include revenue generated from all products and services sold within the Commercial Photography industry.

Geographic Breakdown by U.S. State

Commercial Photography market share by state pinpoints local opportunities based on regional revenue statistics. Growth rate for each state is affected by regional economic conditions. Data by state can be used to locate profitable and nonprofitable locations for Commercial Photography companies in the United States.

Industry Revenue by State [Sample]

Market Size by State

Distribution by Company Size

Company Size All Industries Commercial Photography
Small Business (< 5 Employees)

Included

Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Industry Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" Commercial Photography company (both public and private companies are included).

Industry Average Percent of Sales
Total Revenue

Included

Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit


Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits

Rent

Advertising

Depreciation and Amortization

Officer Compensation

Net Income


Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios

Included

Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Products and Services Mix

Product lines and services in the Commercial Photography industry accounting for the largest revenue sources.

Product Description Description Revenue
($ Millions)
Industry total

Included

Commercial or industrial photography services
Other photography services
Photofinishing services
Licensing of rights to use stock photos
Portrait photography services
All other operating receipts
Wedding photography services
Resale of merchandise
Wedding still photography services

Compensation and Salary Surveys

Salary information for employees working in the Commercial Photography industry.

TitlePercent of Workforce Bottom Quartile Average (Median) Salary Upper Quartile
Management Occupations 3%

Included

Chief Executives 0%
General and Operations Managers 3%
Arts, Design, Entertainment, Sports, and Media Occupations 57%
Media and Communication Equipment Workers 53%
Photographers 50%
Photographers 50%
Sales and Related Occupations 11%
Retail Sales Workers 6%
Office and Administrative Support Occupations 18%
Other Office and Administrative Support Workers 8%
Office Clerks, General 7%
Office Clerks, General 7%
Production Occupations 7%
Other Production Occupations 7%
Photographic Process Workers and Processing Machine Operators 6%
Photographic Process Workers and Processing Machine Operators 6%

Government Contracts

The federal government spent an annual total of $29,288,068 on the Commercial Photography industry. It has awarded 235 contracts to 74 companies, with an average value of $395,785 per company.

Top Companies in Commercial Photography and Adjacent Industries

Company Address Revenue
($ Millions)

Included