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AI Technology Set to Reshape Stock Images & Videos Market, the Market is Projected to Worth $7.33 Billion by 2028 – Arizton

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ai-technology-set-to-reshape-stock-images-&-videos-market,-the-market-is-projected-to-worth-$7.33-billion-by-2028-–-arizton

CHICAGO, July 4, 2023 /PRNewswire/ — According to Arizton’s latest research report, the stock images and videos market will grow at a CAGR of 6.74% during 2022-2028.

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Browse In-Depth TOC on Stock Images and Videos Market  

122 – Tables  
123 – Charts  
474 – Pages 

The stock image market was in good shape in the mid-1990s. Good-quality photographs, stable stock photography prices, great demand, and limited supply made it a lucrative sector. However, the advent of the internet turned the market upside down. Customers and end-users began looking for ways to get these images at low prices for longer durations. The RF license thus made its way into the market. Synonymous with nearly unlimited usage, images that carried this license must be sold for fixed prices based on the file size. Subscriptions became the norm. Five years down the line, these libraries began shifting to the digital base, and the revenue growth was strong. Like every other high-profit-making industry, it invited solid competition. Many countermeasures were released in response to the competition, including bringing down royalty rates, offering micro-prices, and driving up sub-distribution agreements. This resulted in chaos, with the photography commission being thrown in a bind and aggregators and distributors taking up more revenue share. The rising penetration of animation production, a rapid shift to vertical formats, blockchain technology making inroads, social issues trumping mindless consumerism, increasing penetration of AI & ML in stock content, growth of platform integrations, and mobile stock losing its sheen are the growing trends in the stock images and videos market.

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Stock Images and Videos Market Report Scope

Report Attributes

Details

Market Size (2028)

USD 7.33 Billion

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Market Size (2022)

USD 4.96 Billion

CAGR (2022-2028)

6.74 %

Base Year

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2022

Forecast Year

2023-2028

Market Segmentation

Product, Source, License, Application, End-user, and Geography

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Geographic Analysis

North America, Europe, APAC, Latin America, and Middle East & Africa

Market Dynamics

  •  Growing E-Learning Industry
  •  Reinvention of Storytelling
  •  Improving Journalistic Value
  •  Growth of Digital Communities in Hyper-Connected Ecosystems
  •  Social Shows Sustain Buzz in Stock Content
  •  Growth of Content Automation & Personalization
  •  Consumer Behaviour & Authenticity

 

 

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Recent Developments and Launches Of AI Platforms & Tools

In the stock image market, vendors increasingly introduce AI platforms and tools to enhance their offerings. These AI-powered solutions are designed to revolutionize the way customers search for and utilize stock images. By leveraging machine learning and computer vision algorithms, these platforms can analyze and understand the content of images, enabling more accurate and relevant search results.

In early 2023, Shutterstock launched a new AI image generator – Shutterstock Generate. This tool came out because of the partnership between Dall-E & Shutterstock. It is a text-to-image generator that utilizes the Dall-E model, specifically trained using Shutterstock’s content library. This unique approach ensures legal compliance and transparency throughout the image generation process. When users download the generated images through the app, they are licensed by Shutterstock, providing a reliable and authorized source for usage.

Microstock Market Gaining Huge Popularity, and Macrostock Market to Recover in the Upcoming Years

Microstock has recreated the industry demands and has found even more popularity during the pandemic. The rise of the World Wide Web brought a rush of new highly digital businesses that needed a strong online presence and marketing collateral for their offline efforts. These start-ups have largely been attributed to the success of this relatively new, stably growing online image market. However, the advent of microstock has led macrostock agencies to lose their customers to the former. While these heavy hitters have firmly grounded their revenues, accounting for the largest share of the market, their growth has slowed down comparatively in recent years.

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Major agencies are currently swaying towards acquiring more crowd-sourced images to increase their authenticity and revenues. However, some players such as Stocksy, are betting on platform cooperatives, which aim to preserve the strength and integrity of the artist community for sustainable long-term growth. Compared to macrostock agencies, microstock is swift to act on innovation and adapt to new image technologies. From efforts gained at breaking new ground, such as the embed initiatives, to trailblazing partnerships with technology companies, social networks, publishing platforms, events, and the like, macrostock companies are on a roll. All of this, though, is an effort to bring the market back to its good days. For instance, Getty Images partnered with the Rugby Africa Gold Cup board to offer images of its competition to its customers.

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Competition in Stock Images and Videos Market is Intensifying Across the Globe

Getty Images, Visual China Group, Shutterstock, and Adobe Stock are the four major vendors that dominate the market. Several vendors in this market have a global presence, creating strong brand images for their products. In addition, several small and large vendors are altering the stock photography business with new approaches and models, such as making mobile a platform. With many of these vendors trying to cut costs due to the shrinking revenues, offering any service apart from the basic limits their growth. Several larger players have witnessed a decline in revenues over the last couple of years due to consolidation that devalued the market.

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  • Getty Images is a leading vendor in the market. It works with hundreds of image partners, 200,000 contributors, and over 160,000 sports, news, and entertainment events.
  • Visual China Group is another significant player in the market. The company has over 600 employees, serving over 15,000 media outlets, advertisers, and other organizations. It has hundreds of image partners and 14,000 contributors globally.
  • Shutterstock is another large player in the market. It has about 1.8 million active paying customers, over 350,000 contributors, more than 9 million video clips, and 170 million images available for license.
  • Adobe Stock is a significant player in the market, offering over 90 million assets.

Key Company Profiles

  • Adobe Stock
  • Getty Images
  • Hanhua Yimei Visual Technology
  • Shutterstock
  • 123RF
  • Agence France Presse (AFP)
  • AFP
  • agefotostock
  • Alamy
  • AP Images
  • Artlist
  • Can Stock Photo
  • Canva
  • Coinaphoto
  • Creative Market
  • Death to Stock
  • Depositphotos
  • Dissolve
  • Dreamstime
  • East News
  • Envato
  • EyeEm
  • Freepik
  • Fotosearch
  • ImagesBazaar
  • Masterfile
  • Newscom
  • NHK VIDEO BANK
  • PantherMedia
  • Photofolio
  • Picfair
  • Pixta
  • Pond5
  • PR Photos
  • Redux Pictures
  • Storyblocks
  • Stocksy
  • StockUnlimited
  • The Mega Agency
  • THOMSON REUTERS
  • WENN
  • Westend61
  • ZUMA Press

Market Segmentation

Product

  • Stock Images
  • Stock Videos

Source

  • Macrostock
  • Microstock

Application

  • Commercial
  • Editorial

License

  • RM
  • RF

End-user

  • Marketers
  • Films & TV Producers
  • Media & Publishing Companies
  • Business & Individual Creators

Geography

  • North America
    • The US
    • Canada
  • Europe
    • The UK
    • Germany
    • France
    • Spain
    • Russia
    • Italy
    • Sweden
    • Switzerland
    • Belgium
    • Netherlands
    • Poland
    • Turkey
  • APAC
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • Indonesia
    • Taiwan
    • Philippines
    • New Zealand
    • Malaysia
    • Thailand
  • Middle East & Africa
    • UAE
    • South Africa
    • Saudi Arabia
    • Egypt
    • Nigeria
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Colombia
    • Chile
    • Peru

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Table of Content

1 RESEARCH METHODOLOGY

2 RESEARCH OBJECTIVES

3 RESEARCH PROCESS

4 SCOPE & COVERAGE

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4.1 MARKET DEFINITION

4.1.1 INCLUSIONS

4.1.2 EXCLUSIONS

4.1.3 MARKET ESTIMATION CAVEATS

4.2 BASE YEAR

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4.3 SCOPE OF THE STUDY

4.3.1 MARKET SEGMENTATION BY PRODUCT

4.3.2 MARKET SEGMENTATION BY LICENSE

4.3.3 MARKET SEGMENTATION BY APPLICATION

4.3.4 MARKET SEGMENTATION BY SOURCE

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4.3.5 MARKET SEGMENTATION BY END-USER

4.3.6 MARKET SEGMENTATION BY GEOGRAPHY

5 REPORT ASSUMPTIONS & CAVEATS

5.1 KEY CAVEATS

5.2 CURRENCY CONVERSION

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5.3 MARKET DERIVATION

6 MARKET AT A GLANCE

7 PREMIUM INSIGHTS

7.1 MARKET DEFINITION

7.2 REPORT OVERVIEW

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7.3 RECENT DEVELOPMENTS AND LAUNCHES OF AI PLATFORMS & TOOLS

7.4 RISK FACTORS IN MARKET

7.5 GLOBAL MEDIA LANDSCAPE

7.6 OPPORTUNITIES & CHALLENGE ANALYSIS

7.7 SEGMENT ANALYSIS

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7.8 REGIONAL ANALYSIS

7.9 COMPETITIVE LANDSCAPE

7.10 FREQUENTLY ASKED QUESTIONS

8 INTRODUCTION

8.1 OVERVIEW

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8.2 INTRODUCTION OF AI STOCK IMAGES MARKET

8.2.1 MARKET DYNAMICS

8.2.2 GROWTH OPPORTUNITIES FOR AI STOCK IMAGES

8.2.3 GEOGRAPHY ANALYSIS

8.2.4 RECENT DEVELOPMENTS AND LAUNCHES OF AI PLATFORMS & TOOLS

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8.3 RISK FACTORS

8.4 GOVERNMENT REGULATIONS

8.5 KEY ELEMENTS IN STOCK IMAGES & VIDEOS MARKET

8.5.1 SALES & DISTRIBUTION CHANNEL

8.5.2 CONTENT CONTRIBUTING COMMUNITY

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8.5.3 COMPETITION

8.5.4 MARKETING

8.6 GLOBAL DIGITAL VISUAL CONTENT MARKET

8.7 GLOBAL MEDIA LANDSCAPE

8.8 COVID-19 IMPACT ANALYSIS

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8.8.1 CHANGING AGENCY MODELS

8.8.2 POST-COVID SCENARIO

8.9 FUTURE OUTLOOK

8.10 VALUE CHAIN

8.10.1 BUSINESS MODEL

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9 MARKET OPPORTUNITIES & TRENDS

9.1 RISING PENETRATION OF ANIMATION PRODUCTION

9.2 RAPID SHIFT TO VERTICAL FORMATS

9.3 OTT PLATFORMS BOOSTING DEMAND FOR STOCK FOOTAGE

9.4 BLOCKCHAIN TECHNOLOGY MAKING INROADS

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9.5 SOCIAL ISSUES TRUMP MINDLESS CONSUMERISM

9.6 INCREASING PENETRATION OF AI & ML IN STOCK CONTENT

9.7 POWERING UP VIA DISTRIBUTION DEALS

9.8 GROWTH OF PLATFORM INTEGRATIONS

9.9 MOBILE STOCK LOSING ITS SHEEN

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9.10 DRONE-SHOT CONTENT IN VISUAL ARTS

10 MARKET GROWTH ENABLERS

10.1 GROWTH IN E-LEARNING INDUSTRY

10.2 REINVENTION OF STORYTELLING

10.3 IMPROVEMENT IN JOURNALISTIC VALUES

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10.4 GROWTH OF DIGITAL COMMUNITIES IN HYPER-CONNECTED ECOSYSTEM

10.5 SOCIAL SHOWS SUSTAIN BUZZ IN STOCK CONTENT

10.6 GROWTH OF CONTENT AUTOMATION & PERSONALIZATION

10.7 CONSUMER BEHAVIOR & AUTHENTICITY

11 MARKET RESTRAINTS

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11.1 SHIFT IN DIGITAL CULTURE

11.2 COPYRIGHT INFRINGEMENT & BREACH OF LICENSES

11.3 PROLIFERATION OF SHOPPABLE SOCIAL COMMERCE

11.4 GLUT OF IMAGES

11.5 UNSUSTAINABLE BUSINESS MODELS

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11.6 USER-GENERATED CONTENT EATING INTO MARKET

11.7 AUDIO ECLIPSING VIDEO

12 MARKET LANDSCAPE

12.1 MARKET OVERVIEW

12.1.1 MERGERS & ACQUISITIONS AND RECENT DEVELOPMENTS

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12.1.2 KEY INSIGHTS

12.2 PEST ANALYSIS

12.2.1 POLITICAL FACTORS

12.2.2 ECONOMIC FACTORS

12.2.3 SOCIAL FACTORS

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12.2.4 TECHNOLOGICAL FACTORS

12.3 MARKET SIZE & FORECAST

12.4 MARKET BY PRODUCT

12.5 MARKET BY SOURCE

12.6 MARKET BY APPLICATION

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12.7 MARKET BY LICENSE

12.8 MARKET BY END-USER

12.9 FIVE FORCES ANALYSIS

12.9.1 THREAT OF NEW ENTRANTS

12.9.2 BARGAINING POWER OF SUPPLIERS

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12.9.3 BARGAINING POWER OF BUYERS

12.9.4 THREAT OF SUBSTITUTES

12.9.5 COMPETITIVE RIVALRY

13 PRODUCT

13.1 MARKET SNAPSHOT & GROWTH ENGINE

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13.2 MARKET OVERVIEW

13.3 STOCK IMAGES

13.3.1 MARKET SIZE & FORECAST

13.3.2 MARKET BY GEOGRAPHY

13.4 STOCK VIDEOS

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13.4.1 MARKET SIZE & FORECAST

13.4.2 MARKET BY GEOGRAPHY

14 SOURCE

14.1 MARKET SNAPSHOT & GROWTH ENGINE

14.2 MARKET OVERVIEW

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14.3 MACROSTOCK

14.3.1 MARKET SIZE & FORECAST

14.3.2 IMAGES

14.3.3 VIDEOS

14.3.4 MARKET BY GEOGRAPHY

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14.4 MICROSTOCK

14.4.1 MARKET SIZE & FORECAST

14.4.2 IMAGES

14.4.3 VIDEOS

14.4.4 MARKET BY GEOGRAPHY

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15 APPLICATION

15.1 MARKET SNAPSHOT & GROWTH ENGINE

15.2 MARKET OVERVIEW

15.3 COMMERCIAL

15.3.1 MARKET SIZE & FORECAST

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15.3.2 MARKET BY GEOGRAPHY

15.4 EDITORIAL

15.4.1 MARKET SIZE & FORECAST

15.4.2 MARKET BY GEOGRAPHY

16 LICENSE

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16.1 MARKET SNAPSHOT & GROWTH ENGINE

16.2 MARKET OVERVIEW

16.3 RM

16.3.1 MARKET SIZE & FORECAST

16.3.2 IMAGES

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16.3.3 VIDEOS

16.3.4 MARKET BY GEOGRAPHY

16.4 RF

16.4.1 MARKET SIZE & FORECAST

16.4.2 IMAGES

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16.4.3 VIDEOS

16.4.4 MARKET BY GEOGRAPHY

17 END-USER

17.1 MARKET SNAPSHOT & GROWTH ENGINE

17.2 MARKET OVERVIEW

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17.3 MARKETERS

17.3.1 MARKET SIZE & FORECAST

17.3.2 MARKET BY GEOGRAPHY

17.4 FILMS & TV PRODUCERS

17.4.1 MARKET SIZE & FORECAST

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17.4.2 MARKET BY GEOGRAPHY

17.5 MEDIA & PUBLISHING COMPANIES

17.5.1 MARKET SIZE & FORECAST

17.5.2 MARKET BY GEOGRAPHY

17.6 BUSINESSES & INDIVIDUAL CREATORS

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17.6.1 MARKET SIZE & FORECAST

17.6.2 MARKET BY GEOGRAPHY

18 GEOGRAPHY

18.1 MARKET SNAPSHOT & GROWTH ENGINE

18.2 GEOGRAPHIC OVERVIEW

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19 NORTH AMERICA

19.1 MARKET OVERVIEW

19.1.1 IMAGES

19.1.2 VIDEOS

19.2 MARKET SIZE & FORECAST

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19.2.1 PRODUCT: MARKET SIZE & FORECAST

19.2.2 SOURCE: MARKET SIZE & FORECAST

19.2.3 APPLICATION: MARKET SIZE & FORECAST

19.2.4 LICENSE: MARKET SIZE & FORECAST

19.2.5 END-USER: MARKET SIZE & FORECAST

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19.3 KEY COUNTRIES

19.4 US

19.4.1 MARKET SIZE & FORECAST

19.4.2 IMAGES

19.4.3 VIDEOS

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19.5 CANADA

19.5.1 MARKET SIZE & FORECAST

19.5.2 IMAGES

19.5.3 VIDEOS

20 EUROPE

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20.1 MARKET OVERVIEW

20.1.1 IMAGES

20.1.2 VIDEOS

20.2 MARKET SIZE & FORECAST

20.2.1 PRODUCT: MARKET SIZE & FORECAST

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20.2.2 SOURCE: MARKET SIZE & FORECAST

20.2.3 APPLICATION: MARKET SIZE & FORECAST

20.2.4 LICENSE: MARKET SIZE & FORECAST

20.2.5 END-USER: MARKET SIZE & FORECAST

20.3 KEY COUNTRIES

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20.4 UK

20.4.1 MARKET SIZE & FORECAST

20.4.2 IMAGES

20.4.3 VIDEOS

20.5 GERMANY

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20.5.1 MARKET SIZE & FORECAST

20.5.2 IMAGES

20.5.3 VIDEOS

20.6 FRANCE

20.6.1 MARKET SIZE & FORECAST

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20.6.2 IMAGES

20.6.3 VIDEOS

20.7 SPAIN

20.7.1 MARKET SIZE & FORECAST

20.7.2 IMAGES

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20.7.3 VIDEOS

20.8 RUSSIA

20.8.1 MARKET SIZE & FORECAST

20.8.2 IMAGES

20.8.3 VIDEOS

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20.9 ITALY

20.9.1 MARKET SIZE & FORECAST

20.9.2 IMAGES

20.9.3 VIDEOS

20.10 SWEDEN

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20.10.1 MARKET SIZE & FORECAST

20.10.2 IMAGES

20.10.3 VIDEOS

20.11 SWITZERLAND

20.11.1 MARKET SIZE & FORECAST

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20.11.2 IMAGES

20.11.3 VIDEOS

20.12 BELGIUM

20.12.1 MARKET SIZE & FORECAST

20.12.2 IMAGES

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20.12.3 VIDEOS

20.13 NETHERLANDS

20.13.1 MARKET SIZE & FORECAST

20.13.2 IMAGES

20.13.3 VIDEOS

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20.14 POLAND

20.14.1 MARKET SIZE & FORECAST

20.14.2 IMAGES

20.14.3 VIDEOS

20.15 TURKEY

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20.15.1 MARKET SIZE & FORECAST

20.15.2 IMAGES

20.15.3 VIDEOS

21 APAC

21.1 MARKET OVERVIEW

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21.1.1 IMAGES

21.1.2 VIDEOS

21.2 MARKET SIZE & FORECAST

21.2.1 PRODUCT: MARKET SIZE & FORECAST

21.2.2 SOURCE: MARKET SIZE & FORECAST

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21.2.3 APPLICATION: MARKET SIZE & FORECAST

21.2.4 LICENSE: MARKET SIZE & FORECAST

21.2.5 END-USER: MARKET SIZE & FORECAST

21.3 KEY COUNTRIES

21.4 CHINA

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21.4.1 MARKET SIZE & FORECAST

21.4.2 IMAGES

21.4.3 VIDEOS

21.5 INDIA

21.5.1 MARKET SIZE & FORECAST

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21.5.2 IMAGES

21.5.3 VIDEOS

21.6 JAPAN

21.6.1 MARKET SIZE & FORECAST

21.6.2 IMAGES

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21.6.3 VIDEOS

21.7 AUSTRALIA

21.7.1 MARKET SIZE & FORECAST

21.7.2 IMAGES

21.7.3 VIDEOS

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21.8 SOUTH KOREA

21.8.1 MARKET SIZE & FORECAST

21.8.2 IMAGES

21.8.3 VIDEOS

21.9 INDONESIA

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21.9.1 MARKET SIZE & FORECAST

21.9.2 IMAGES

21.9.3 VIDEOS

21.10 TAIWAN

21.10.1 MARKET SIZE & FORECAST

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21.10.2 IMAGES

21.10.3 VIDEOS

21.11 PHILIPPINES

21.11.1 MARKET SIZE & FORECAST

21.11.2 IMAGES

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21.11.3 VIDEOS

21.12 NEW ZEALAND

21.12.1 MARKET SIZE & FORECAST

21.12.2 IMAGES

21.12.3 VIDEOS

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21.13 MALAYSIA

21.13.1 MARKET SIZE & FORECAST

21.13.2 IMAGES

21.13.3 VIDEOS

21.14 THAILAND

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21.14.1 MARKET SIZE & FORECAST

21.14.2 IMAGES

21.14.3 VIDEOS

22 MIDDLE EAST & AFRICA

22.1 MARKET OVERVIEW

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22.1.1 IMAGES

22.1.2 VIDEOS

22.2 MARKET SIZE & FORECAST

22.2.1 PRODUCT: MARKET SIZE & FORECAST

22.2.2 SOURCE: MARKET SIZE & FORECAST

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22.2.3 APPLICATION: MARKET SIZE & FORECAST

22.2.4 LICENSE: MARKET SIZE & FORECAST

22.2.5 END-USER: MARKET SIZE & FORECAST

22.3 KEY COUNTRIES

22.4 UAE

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22.4.1 MARKET SIZE & FORECAST

22.4.2 IMAGES

22.4.3 VIDEOS

22.5 SOUTH AFRICA

22.5.1 MARKET SIZE & FORECAST

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22.5.2 IMAGES

22.5.3 VIDEOS

22.6 SAUDI ARABIA

22.6.1 MARKET SIZE & FORECAST

22.6.2 IMAGES

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22.6.3 VIDEOS

22.7 EGYPT

22.7.1 MARKET SIZE & FORECAST

22.7.2 IMAGES

22.7.3 VIDEOS

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22.8 NIGERIA

22.8.1 MARKET SIZE & FORECAST

22.8.2 IMAGES

22.8.3 VIDEOS

23 LATIN AMERICA

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23.1 MARKET OVERVIEW

23.1.1 IMAGES

23.1.2 VIDEOS

23.2 MARKET SIZE & FORECAST

23.2.1 PRODUCT: MARKET SIZE & FORECAST

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23.2.2 SOURCE: MARKET SIZE & FORECAST

23.2.3 APPLICATION: MARKET SIZE & FORECAST

23.2.4 LICENSE: MARKET SIZE & FORECAST

23.2.5 END-USER: MARKET SIZE & FORECAST

23.3 KEY COUNTRIES

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23.4 BRAZIL

23.4.1 MARKET SIZE & FORECAST

23.4.2 IMAGES

23.4.3 VIDEOS

23.5 MEXICO

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23.5.1 MARKET SIZE & FORECAST

23.5.2 IMAGES

23.5.3 VIDEOS

23.6 ARGENTINA

23.6.1 MARKET SIZE & FORECAST

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23.6.2 IMAGES

23.6.3 VIDEOS

23.7 COLOMBIA

23.7.1 MARKET SIZE & FORECAST

23.7.2 IMAGES

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23.7.3 VIDEOS

23.8 CHILE

23.8.1 MARKET SIZE & FORECAST

23.8.2 IMAGES

23.8.3 VIDEOS

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23.9 PERU

23.9.1 MARKET SIZE & FORECAST

23.9.2 IMAGES

23.9.3 VIDEOS

24 COMPETITIVE LANDSCAPE

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24.1 COMPETITION OVERVIEW

24.2 MARKET RANKING & SHARES

25 KEY COMPANY PROFILES

25.1 ADOBE STOCK

25.1.1 BUSINESS OVERVIEW

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25.1.2 PRODUCT OFFERINGS

25.1.3 KEY STRATEGIES

25.1.4 KEY STRENGTHS

25.1.5 KEY OPPORTUNITIES

25.2 GETTY IMAGES

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25.3 HANHUA YIMEI VISUAL TECHNOLOGY

25.4 SHUTTERSTOCK

26 OTHER PROMINENT VENDORS

26.1 123RF

26.1.1 BUSINESS OVERVIEW

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26.1.2 PRODUCT OFFERINGS

26.1.3 KEY STRENGTHS

26.1.4 KEY STRATEGIES

26.2 AGENCE FRANCE PRESSE (AFP)

26.3 AFP

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26.4 AGEFOTOSTOCK

26.5 ALAMY

26.6 AP IMAGES

26.7 ARTLIST

26.8 CAN STOCK PHOTO

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26.9 CANVA

26.10 COINAPHOTO

26.11 CREATIVE MARKET

26.12 DEATH TO STOCK

26.13 DEPOSITPHOTOS

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26.14 DISSOLVE

26.15 DREAMSTIME

26.16 EAST NEWS

26.17 ENVANTO

26.18 EYEEM

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26.19 FREEPIK

26.20 FOTOSEARCH

26.21 IMAGESBAZAAR

26.22 MASTERFILE

26.23 NEWSCOM

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26.24 NHK VIDEO BANK

26.25 PANTHERMEDIA

26.26 PHOTOFOLIO

26.27 PICFAIR

26.28 PIXTA

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26.29 POND5

26.30 PR PHOTOS

26.31 REDUX PICTURES

26.32 STORYBLOCKS

26.33 STOCKSY

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26.34 STOCKUNLIMITED

26.35 THE MEGA AGENCY

26.36 THOMSON REUTERS

26.37 WENN

26.38 WESTEND61

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26.39 ZUMA PRESS

27 REPORT SUMMARY

27.1 KEY TAKEAWAYS

27.2 STRATEGIC RECOMMENDATIONS

28 QUANTITATIVE SUMMARY

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29 APPENDIX

29.1 ABBREVIATIONS

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About Us:        

Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services.       

We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.       

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Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.      

Contact Us       
Call: +1-312-235-2040       
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Mail: [email protected]        
Contact Us: https://www.arizton.com/contact-us        
Blog: https://www.arizton.com/blog        
Website: https://www.arizton.com/  

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Blockchain Press Releases

KuCoin Introduces Omnibus Account Structure to Enhance Liquidity for Brokerage Partners

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VICTORIA, Seychelles, July 19, 2024 /PRNewswire/ — July 23, 2024 – KuCoin, a leading cryptocurrency exchange, is pleased to announce a significant enhancement to its Broker Program, designed to cater to liquidity-seeking partners. This upgraded program enables participants to leverage KuCoin’s superior liquidity and diverse asset offerings across both Spot and Futures markets. With this enhancement, participants can now benefit from KuCoin’s top-tier liquidity, high-revenue shares, unlimited sub-accounts, and independent deposit addresses, allowing for functional flexibility and maintaining their own client management powers.

“Our new brokerage infrastructure is suitable for multiple types of institutional partners, such as crypto exchanges, execution terminals, layer 2 aggregators, OTCs, and traditional financial service providers venturing into crypto,” said Anton Starchenko, Director of Institution Business Development of KuCoin. 

“This upgrade demonstrates our commitment to providing our partners with the tools they need to succeed in the rapidly evolving crypto market.”

By joining the KuCoin brokerage service, brokers gain access to one main broker account with unlimited sub-accounts. Each sub-account features an exclusive deposit address, serving as a wallet to separate funds and trades. Additionally, each sub-account undergoes independent risk checks. These ongoing risk and compliance measures bolster KuCoin’s commitment to protecting partner interests. Broker accounts are subject to separate fee structures, while the broker receives a combined commission based on the cumulative volume across all accounts.

As a leading platform in the cryptocurrency industry, KuCoin is dedicated to providing top-notch security and reliability. The platform employs state-of-the-art security measures, including advanced encryption protocols, multi-factor authentication, and real-time monitoring systems to ensure the safety of users’ assets. KuCoin’s unwavering focus on security and innovation has solidified its reputation as a trusted and forward-thinking exchange in the global crypto market.

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For more information about the KuCoin Broker Program and the new omnibus account structure, please visit KuCoin’s official website.

About KuCoin

Launched in September 2017, KuCoin is a leading cryptocurrency exchange with its operational headquarters in Seychelles. As a user-oriented platform with a focus on inclusiveness and community engagement. It offers over 900 digital assets across Spot trading, Margin trading, P2P Fiat trading, Futures trading, and Staking to its 34 million users in more than 200 countries and regions. KuCoin ranks as one of the top 6 crypto exchanges. KuCoin was acclaimed as “One of the Best Crypto Apps & Exchanges of June 2024” by Forbes Advisor and has been included as one of the top 50 companies in the “2024 Hurun Global Unicorn List”. Learn more at https://www.kucoin.com/ .

Contact Us to Join

Telegram: @KuCoin_Broker

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Email: [email protected]

Book a Product Call here.

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Blockchain Press Releases

Bybit Launches Block Merchant Program, Offering Up to 3,000 USDT in Rewards

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DUBAI, UAE, July 19, 2024 /PRNewswire/ — Bybit, the world’s second-largest web3 platform by trading volume, announced the launch of its Block Merchant program, designed to empower users to maximize their earnings while buying or selling cryptocurrencies. Through this exciting initiative, Bybit aims to recognize and reward the valuable contributions of its P2P users.

By becoming a Bybit Block Merchant, users can unlock a range of exclusive benefits, including:

  • Lucrative USDT Merchant Rewards: Earn substantial rewards for buying or selling crypto.
  • Enhanced Visibility: Enjoy a prominent position on the platform with a special diamond label and higher priority than Bybit Verified Advertisers.
  • Increased Transaction Limits: Process larger transaction volumes with a single order limit raised to 200,000 USDT.
  • Priority Ad Ranking: Achieve top-tier visibility among advertisers under similar conditions.
  • Swift Appeal Resolution: Benefit from expedited customer service support for any issues.

Bybit is committed to providing its users with exceptional trading experiences and opportunities to thrive in the dynamic cryptocurrency market. The Block Merchant program reflects our commitment, offering users a chance to boost their income while contributing to the growth of the Bybit P2P ecosystem.

#Bybit / #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 33 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

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For more details about Bybit, please visit Bybit Press.
For media inquiries, please contact: [email protected]
For more information, please visit: https://www.bybit.com
For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

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Blockchain Press Releases

Hata obtains full approval from the Securities Commission of Malaysia Launches 30% revenue sharing model on its USD crypto exchange

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  • Hata obtains full approval from the Securities Commission of Malaysia and launched its exchange
  • Support USD onramp and offramp
  • Rolled out affiliate programme, sharing 30% of its trading fee with users who refer others to trade on its Exchange
  • Zero trading fee across major pairs and opportunity to earn crypto airdrop

KUALA LUMPUR, Malaysia, July 19, 2024 /PRNewswire/ — Hata has officially secured full approval from the Securities Commission of Malaysia to launch its exchange. Having obtained full approval from the Labuan Financial Services Authority (a mid-shore jurisdiction in Malaysia) in June 2023, Hata is now the first and only dual-licensed exchange by both onshore and mid-shore regulators in Malaysia.

Filling the gap in Asia with USD onramp and offramp 

Hata operates a US Dollar cryptocurrency exchange, allowing users globally to deposit, trade and withdraw funds in US Dollars. Hata users can also swap US Dollars with USDT for free.

With the foreign exchange market in Asia Pacific recorded at $396 trillion annually[1], Hata aims to serve the large US Dollar foreign exchange market by providing traders and institutions a licensed platform to convert US Dollars into stablecoins to facilitate cross border payments and access cryptocurrency in the region.

“Institutions and high net worth individuals still rely heavily on US Dollars to settle cross border transactions in Asia. With institutional adoption into cryptocurrency on the rise, coupled with weakening local currencies in the region against US Dollar, we foresee users moving their monies into USD pegged stablecoins to conduct transactions.” says David Low, Chief Executive Officer of Hata.

Hata currently supports trading of more than 40 cryptocurrency pairs on its platform that are paired with USDT and US Dollar, with the goal of supporting more crypto products in the near future.

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30% Revenue Share on its Exchange

Hata (www.hata.io) has introduced an affiliate program. Any users who sign up on Hata can refer their family and friends to earn a reward. Hata provides a revenue share of 30% from the trading fees it earns to the affiliates who refer their network to trade on Hata’s exchange.

“This affiliate programme is designed to let users globally capitalise on their network to earn rewards. We hope that this provides an economic opportunity for our users to earn a side income with minimal effort,” says Darien Ng, Chief Revenue Officer of Hata.

Zero trading fees and free airdrop

To further incentivise early users, Hata has also rolled out zero fees for its major crypto pairs, including USD/USDT pair.

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Users who sign up from now until 31 October 2024 and trade on the exchange will be added to a waitlist. Users in the waitlist will have an opportunity to earn free airdrops in the near future.

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