Commercial Photography Industry Research Report
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 BureauCommercial Photography Market Size
This research report analyzes the market size and trends in the Commercial Photography industry. It shows overall market size from 2020 to the present, and predicts industry growth through 2030. Revenues data include both public and private companies.
| 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 dataIndustry Revenue ($ Billions)
Industry Forecast ($ Billions)
Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.
Geographic Breakdown by U.S. State
Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Commercial Photography companies in the United States.
Industry Revenue by State [Sample]
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:
- Cost of goods sold
- Compensation of officers
- Salaries and wages
- Employee benefit programs
- Rent paid
- Advertising and marketing budgets
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
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 Ratio | Industry 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 |
Salary information for employees working in the Commercial Photography industry.
| Title | Percent 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 |
