Stock Footage Software Market Scope
Stock footage software and websites are repositories of licenced video that can be used for free or for a charge in other media. Stock footage is frequently utilised as a visual supplement to other content in marketing collateral and news media. Licenses for media use elsewhere are available from stock footage sources. Stock footage is pre-filmed footage that may be acquired and utilised in a range of projects and films. It is also known as stock video or B-roll. Stock footage can be licenced, saving filmmakers the time and money required to capture original material. Growth in the media and advertising industries, for example, has facilitated demand for Stock Footages for professional use.
The Stock Footage Software market study is segmented and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Stock Footage Software market throughout the predicted period.
Getty Images, Inc. (United States), Filmsupply (United States), Clipstill (United States), Vimeo, Inc. (United States), 123RF Limited (United States), Adobe Inc. (United States), Dissolve Inc. (Canada), Shutterstock, Inc. (United States), Pond5 (United States) and Storyblocks (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are YayImages (Norway), Pexels (Canva) (Australia), Pixabay GmbH (Germany) and RawFilm (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AMA Research has segmented the market of Global Stock Footage Software market by Type, Application and Region.
On the basis of geography, the market of Stock Footage Software 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).
Market Leaders and their expansionary development strategies
On 26th January, 2021 – Shutterstock Acquired TurboSquid (Emerging Digital Media Firm). The Deal Provides Shutterstock with Two Million Customers, Which Include Professional Creatives to Individual Freelancers, Making Shutterstock World’s Largest 3D Marketplace in Terms of Revenue.
Market Trend
- Emergence of AI Enabled Stock Footage Platforms
Market Drivers
- Growth in Media and Advertisement Industry
- High-Cost Expenses of Footage Shoot
Opportunities
- Increasing Adoption Among Individuals and Freelance Artists
Restraints
- Lack of Trained Professionals
Challenges
- Fierce Competitive Pressure
- High Initial Investment
Key Target Audience
Stock Footage Software Developers, New Launch Release, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others