What is Stock Video Market?
Stock video is the video footage which can be used in films. These footages can be moving images of cities and landmarks, wildlife in their natural environments, and historical footage. It is beneficial to filmmakers as it saves shooting new material and time. A single piece of stock footage is also known as a "stock shot" or a "library shot". Stock video may have appeared in previous productions but may also be outtakes or footage shot for previous productions and not used. The websites offers direct downloads of these videos.
The market study is being classified, by Application (Editorial and Commercial) and major geographies with country level break-up.
Adobe Inc. (United States), Footage Firm Inc. (United States), Getty Images Inc. (United States), Pond5 Inc. (United States), Shutterstock Inc. (United States), Depositphotos Inc. (United States), Dreamstime.com LLC (United States), Envato Pty Ltd. (Australia), Inmagine Group (Netherlands) and Thomson Reuters Corp. (Canada) are some of the key players profiled in the study.
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Stock Video market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Stock Video market by Type, Application and Region.
On the basis of geography, the market of Stock Video has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Demand of Stock Videos in Movies
- Benefits Such as Cost Saving on Shooting New Footage
Market Trend
- Increasing Usage of Smartphones and Internet
Restraints
- Availability of Free Stock Videos
Opportunities
- Increasing Popularity of Stock Videos
- Growing Film Industry is Boosting the Market
Challenges
- Limited Producers of Stock Videos
On April 2020, Shutterstock has launched HD video subscription plans for marketers and businesses. With this plan small business owners can access Shutterstock’s 18+ million video clips.
Key Target Audience
Film makers, Government associations, Research organisations, Stock video vendors and Others