- The key vendors in the Global Visual Content Market 2014-2018 are Corbis Corp., Fotolia LLC, Getty Images Inc. and Shutterstock Inc.
London, 03 September 2014: TechNavio, an independent tech-focused global research firm, announced today the publication of its market research report on the Global Visual Content Market 2014-2018. One major trend emerging in this market is the decline in returns per image because of several changes in consumption patterns and technology. The overall market is expected to grow at a CAGR of 5.34 percent and 5.08 percent in terms of revenue and unit shipments, respectively, during the forecast period of 2013-2018.
Visual content market deals with the supply and licensing of pre-produced images and videos that are used for specific purposes. It allows organizations to enhance engagement, increase brand awareness, and generate important leads.
“Innovative business models are expected to drive the growth of the Global Visual Content market during the forecast period. The new business models consist of creator-focused collectors and customer-focused distributors,” says Faisal Ghaus, Vice President of TechNavio Research.
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
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