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NAICS Code 541921-22 Description (8-Digit)

Photographers-Stock is a subdivision of the Photography Studios, Portrait industry that involves the creation and sale of stock photographs. Stock photographs are pre-existing images that are licensed for specific uses, such as advertising, editorial, or commercial purposes. Photographers-Stock typically work on a freelance basis, creating and submitting their photographs to stock photography agencies or websites. These agencies then license the images to clients who pay a fee for their use.

Hierarchy Navigation for NAICS Code 541921-22

Parent Code (less specific)

Tools

Tools commonly used in the Photographers-Stock industry for day-to-day tasks and operations.

  • High-quality digital camera
  • Various lenses (e.g. wide-angle, telephoto)
  • Tripod
  • Lighting equipment (e.g. strobes, softboxes)
  • Photo editing software (e.g. Adobe Photoshop, Lightroom)
  • Model and property release forms
  • Studio or location scouting tools (e.g. Google Maps, location databases)
  • Color calibration tools (e.g. color checker)
  • Memory cards and storage devices
  • Marketing and promotion tools (e.g. website, social media)

Industry Examples of Photographers-Stock

Common products and services typical of NAICS Code 541921-22, illustrating the main business activities and contributions to the market.

  • Business people in a meeting
  • Family enjoying a picnic
  • Woman doing yoga on the beach
  • Group of friends hiking in the mountains
  • Couple on a romantic date
  • Children playing in a park
  • Food and drink photography
  • Travel and tourism photography
  • Sports and fitness photography
  • Nature and wildlife photography

Certifications, Compliance and Licenses for NAICS Code 541921-22 - Photographers-Stock

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • Certified Professional Photographer (CPP): This certification is offered by the Professional Photographers of America (PPA) and is a mark of excellence in the photography industry. It requires passing a written exam and submitting a portfolio of work for review. The CPP certification demonstrates a photographer's technical proficiency, artistic skill, and commitment to the industry.
  • FAA Part 107 Remote Pilot Certificate: This certification is required for photographers who use drones for commercial purposes. It is issued by the Federal Aviation Administration (FAA) and requires passing a written exam. The certificate demonstrates a photographer's knowledge of airspace regulations, safety procedures, and drone operation.
  • Sales Tax Permit: This permit is required for photographers who sell tangible goods, such as prints or albums, in many states. It is issued by the state's department of revenue and requires registering for a sales tax account. The permit demonstrates a photographer's compliance with state tax laws.
  • Business License: This license is required for photographers who operate a business in many states. It is issued by the city or county where the business is located and requires registering the business with the local government. The license demonstrates a photographer's compliance with local business regulations.
  • Copyright Registration: Copyright registration is not required for photographers, but it provides legal protection for their work. It is issued by the U.S. Copyright Office and requires submitting an application and fee. Registration demonstrates a photographer's ownership of their work and allows them to pursue legal action against infringers.

History

A concise historical narrative of NAICS Code 541921-22 covering global milestones and recent developments within the United States.

  • The stock photography industry has its roots in the early 1900s when photographers started to sell their images to publishers. However, the industry started to grow rapidly in the 1960s when stock agencies started to emerge. In the 1980s, the industry saw a significant shift from print to digital, which allowed for easier distribution and access to images. In recent years, the industry has seen a rise in demand for authentic and diverse images, as well as a shift towards more user-generated content. In the United States, the stock photography industry has seen significant growth in the past decade due to the rise of digital media and the increasing need for visual content. The industry has also seen a shift towards more niche and specialized content, as well as a focus on authenticity and diversity. In 2019, the global stock photography market was valued at $3.78 billion, with North America being the largest market. The industry is expected to continue to grow in the coming years, driven by the increasing demand for visual content in digital media.

Future Outlook for Photographers-Stock

The anticipated future trajectory of the NAICS 541921-22 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The future outlook for the Photographers-Stock industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for high-quality images for commercial and editorial purposes. The rise of digital media and the internet has created a need for high-quality images, which has led to an increase in demand for stock photography. The industry is also expected to benefit from the growth of e-commerce, as businesses require high-quality images to showcase their products. However, the industry may face challenges from the increasing use of user-generated content and the rise of free stock photography websites. Overall, the industry is expected to grow steadily in the coming years, driven by the increasing demand for high-quality images.

Industry Innovations for NAICS Code 541921-22

Recent groundbreaking advancements and milestones in the Photographers-Stock industry, reflecting notable innovations that have reshaped its landscape.

  • AI-Powered Image Recognition: Companies are using artificial intelligence to analyze images and categorize them based on their content. This technology helps photographers to tag their images more accurately, making it easier for buyers to find the images they need.
  • Mobile Photography: With the increasing quality of smartphone cameras, many photographers are using their phones to capture images. This has led to the rise of mobile stock photography, which is becoming increasingly popular.
  • Virtual Reality Photography: Virtual reality is becoming more popular, and photographers are using this technology to create immersive images. This technology is being used in industries such as real estate and tourism to showcase properties and destinations.
  • 360-Degree Photography: 360-degree photography is becoming more popular, and photographers are using this technology to create immersive images. This technology is being used in industries such as real estate and tourism to showcase properties and destinations.
  • Drone Photography: Drones are being used to capture images from unique angles, which is becoming increasingly popular in industries such as real estate and tourism.

NAICS Code 541921-22 - Photographers-Stock

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