Global Photo Booth Market was valued US$ 457.25 Mn in 2021 and is expected to reach US$ 768.41 Mn by 2027, at a CAGR of around 10.4% during a forecast.
The market for photo booth will gain momentum which is driven by high demand for secure photo printing technology for identification cards and passports. The market is being expanded because of the benefit of flexibility and convenience in capturing photos for visa documents and passports. The photo booths are well-equipped with facilities like audio-guidance, user-friendly database and multiple language support. These facilities allow customers to capture their photos quickly and print their photos on an 18.5” HD touchscreen display. These booths for document printing are usually placed at crowded places like shopping malls and retail stores.
Photo-Me International PLC revolved out an encrypted photo ID upload technology with the governments of the UK, France, Germany, Ireland, and the Netherlands. The company has 15,000 photobooths connected to government organizations to secure the uploaded photo ID. Moreover, with the growing tourism businesses in France and Switzerland, photo booths have expanded momentous acceptance. Photo booths installed at beaches and tourist stores entice visitors due to their appealing structures, enlarging the market revenue by the forecast year.
Who are the Major Players in Photo Booth Market?
Top Key Players in the Photo Booth Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report includes Faceplace, Digital Centre, Kindom Photo Booth, Photo Me, Extreme Booths, Open Air Photobooth, Your City Photo Booth, Team Play, Red Robot, Innovative Foto Inc, WanMingDa, PhotoExpress, Fang Tu Intelligent, and others.
Global Photo Booth Market research provides a detailed Analytical Insights of global market size, regional and country-level scope, segmentation wise growth, global share, Competition Scenario, sales analysis, impact global market players on domestic players, value chain optimization, trade regulations, Latest developments, future opportunities, product launches, expanding marketplaces, and New technological innovations.
By Type,
By Application,
The report offers an in-depth assessment of the growth and other aspects of the Photo Booth Market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific, and Latin America.
The Europe photo booth market accounted for around 40% revenue share in 2020 and is predicted to grow speedily from 2021 to 2026. Presence of recognized market companies that are incessantly expanding their presence across the region is composed to drive the market revenue and growth. For example, Tesco PLC has placed its photo booths at its UK stores making it easier for people to click the photos at affordable cost of US$ 7.22.
Report Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 10.4 % over the forecast period (2022-2027) |
By Type |
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By Application |
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By Companies | Faceplace, Digital Centre, Kindom Photo Booth, Photo Me, Extreme Booths, Open Air Photobooth, Your City Photo Booth, Team Play, Red Robot, Innovative Foto Inc, WanMingDa, PhotoExpress, Fang Tu Intelligent |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 133 |
Customization Available | Yes, the report can be customized as per your needs |
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Who are the key players in Photo Booth Market?
Faceplace, Digital Centre, Kindom Photo Booth, Photo Me, Extreme Booths, Open Air Photobooth, Your City Photo Booth, Team Play, Red Robot, Innovative Foto Inc, WanMingDa, PhotoExpress, Fang Tu Intelligent
What regions does this Photo Booth Market report cover?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Photo Booth Market?
Document Photo, Entertainment Occasion
What are the major end-use applications of the Photo Booth Market?
Rental Service, Equipment Sales
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with the purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
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SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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