New York, NY (PRWEB) August 6, 2004
TrendWatch Graphic Arts released two new segmented reports detailing the growth, use, and acceptance of stock imagery. According to the reports, use and acceptance of stock imagery continues to rise steadily among all segments of the graphic arts, creative, publishing, and Internet communities. From traditional rights-managed images to royalty-free versions of all styles and price ranges, to new pricing models like flat-rate, limited distribution, stock photography, illustration, and video have truly matured into a first-choice option for a wide range of graphic arts, advertising, publishing, and Internet projects. As the quality of todayÂs stock imagery has grown, users increasingly prefer to work directly with digitally-captured or pre-scanned high-res digital images that can be injected immediately into their digital work-flows.
Stock imagery includes photography, illustration, and video, which is sold for limited use in advertising, publishing or promotional applications. And though the rights of the imagery is retained by the stock photo provider, it allows the campaign designer or creative director to acquire just the right look, at just the right price, without the time and cost penalties of creating their own original artwork. The two TWGA reports are available for online purchase at the TWGA eStore in PDF format (http://www.trendwatchgraphicarts.com).
- 27% of publishers plan to purchase stock illustration or clip art in the next 12 months, more than doubling to 56% among small catalogers;
- 22% of Internet Designers plan to purchase royalty-free images in the next 12 months; this rises to 58% for graphic designers;
- On average, creative professionals purchase 6 rights-managed images per month from the Internet versus 4 rights-managed images per month from a print catalog.
ÂStock has become one of the most high-quality, easily accessible, cost-effective tools for document creators today,Â notes Heidi Tolliver-Nigro, TWGA Analyst. ÂAs a result, stock photography is one of the few categories that seems to benefit whether the U.S. economy is strong or not. When the economy is good, clients do more projects, which equates to a greater need for more images. When the economy is bad, clients do fewer projects, but tight budgets mean less money for commissioned photography and artwork, which translates to increased need for more stock photos. Thus the strength of the stock photography market.Â
According to the ReportÂ
- PUBLISHER PLANS: 32% of publishers plan to purchase rights-managed images in the next 12 months, while 42% plan to purchase royalty-free images;
- GRAPHIC ARTS PLANS: 17% of trade shops plan to purchase royalty-free images in the next year and 13% plan to purchase rights-managed images;
- CREATIVE BUYS: 38% of creative professionals plan to purchase rights-managed images (rising to 48% of ad agencies) in the next 12 months; 64% plan to purchase royalty-free images and 34% plan to purchase stock illustration;
- NEW PRICING MODELS: On average, creative professionals purchase five images per month using new pricing models (this rises to 7 among ad agencies);
- HOLDING OUT: 27% of creative professionals say they have never used royalty-free images and never will.
About the ReportsÂ
TWGA has divided its new research into two segmented reports
- ÂStock Images 2004: Still The One (Publishers, Graphic Arts Firms, Internet Designers)Â analyzes the stock photography market from the perspective of publishers, commercial printers, trade service providers, and Internet designers (129 pages);
- ÂStock Images 2004: Still The One (Creative Markets)Â investigates the demands, needs and wants of graphic artists and designers, ad agencies, illustrators, and commercial photographers (134 pages).
These reports were drawn from the most recent TWGA market surveys and resulting data. The ÂStock Images 2004: Still The One (Publishers, Graphic Arts Firms, Internet Designers)Â report is based upon the latest data from TWGA Printing #19 (Spring 2004), TWGA Publishing #15 (Summer 2003), TWGA Internet Design & Development #7 (Summer 2003). The ÂStock Images 2004: Still The One (Creative Markets)Â is based upon the latest data from TWGA Design & Production #17 (Winter 2003-04) and TWGA Design & Production #16 (Summer 2003), as well as comparison data taken from TWGA Design & Production #15 (Winter 2003-04). Historical charts are taken from the TWGA Design & Production Historical Database. Additional material taken from TWGA proprietary interviews and consultant analysis.
The two reports, ÂStock Images 2004: Still The One (Publishers, Graphic Arts Firms, Internet Designers)Â and ÂStock Images 2004: Still The One (Creative Markets)Â are available for purchase by visiting the secure TrendWatch Graphic Arts eStore online at http://www.trendwatchgraphicarts.com or by phone at 866-873-6310. The reports are available at TWGAÂs new pricing structure of $995.00 TWGA is offering a package price of $1,895.00 TrendWatch Graphic Arts eStore customers can download this report in PDF Acrobat format immediately after purchase.
About TrendWatch Graphic Arts...
TrendWatch Graphic Arts specializes in the assessment of trends and changes in graphic communications markets by providing timely and strategic information, hard-hitting market analysis and concise expert opinion. The reports have earned the reputation for containing the most reliable and timely industry intelligence in the graphic arts and graphic design marketplaces. TrendWatch Graphic Arts can be reached on the web (http://www.trendwatchgraphicarts.com), via email (email@example.com) or toll-free by phone at 866-873-6310.
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