Photography Studios NAICS 541921

        Photography Studios

Unlock access to the full platform with more than 900 industry reports and local economic insights.

Get Free Trial

Get access to this Industry Profile including 18+ chapters and more than 50 pages of industry research.

Purchase Report

Industry Summary

The 9,700 photography studios in the US sell professional still, video, or digital portrait photography products and services. Major revenue categories include general individual and group portraits, school portraits, wedding photography, and special event services. Firms may offer related products and services, such as yearbook, directory, or memory book publication or commercial photography and print production services.

Competition from Amateurs

Falling prices for photographic equipment allowed many amateur photographers to produce high quality work, effectively reducing the need for professional services.

Seasonal Peaks in Demand

Demand for photographic services is highly seasonal, with peak periods varying depending on specialty.


Recent Developments

Sep 19, 2025 - Studios Face New Competition as Couples Turn to AI Imagery
  • According to a report in PetaPixel, a rising trend in AI-generated pre-wedding photography, fueled by Google’s Gemini 2.5 Flash Image model, allows couples to create elaborate engagement photos in exotic locations, without travel or traditional photography services. By uploading a clear image and using text prompts, users can generate customized visuals that reflect personal style and cultural identity. While some studios, such as Photomotion Indonesia, are integrating AI to enhance offerings, the technology poses a disruptive threat to conventional wedding photography. The trend signals a pivotal shift in consumer expectations and service delivery for photography services. As AI tools become more accessible and sophisticated, studios must adapt by incorporating digital capabilities or risk losing relevance. Embracing AI-enhanced workflows could unlock new revenue streams and creative flexibility, while resisting change may lead to declining demand for traditional services.
  • According to the Consumer Price Index, pricing for photographers and photo processing services declined 3% in August 2025 year over year and fell 0.8% compared to the previous month. Employment by photographic services fell 3.2% in July 2025 compared to a year ago, according to data from the US Bureau of Labor Statistics (BLS). The decline continues an overall employment decline over the past decade. Employment by photographic services dropped 12.7% in the past 10 years, compared to 13% growth in overall private employment. Wages at other professional, scientific, and technical services, which include photography studios, grew 8.3% in July 2025 year over year to $36.59 per hour.
  • US consumer mood indicators have weakened, signaling potential headwinds for spending. The Conference Board’s Consumer Confidence Index fell 1.3 points in August 2025, with the decline driven by younger consumers under 35, while confidence among those over 55 improved. Meanwhile, the University of Michigan’s Consumer Sentiment Index slipped to 55.4 in early September from 58.2 in August, down 21% year over year. Inflation expectations held steady, but persistent worries about prices and tariff impacts remain. Consumer sentiment and confidence are leading indicators of discretionary spending, which drives two-thirds of U.S. economic activity. A continued slump suggests households may curb purchases and delay big-ticket decisions, raising risks for retailers, service providers, and the broader economy.
  • Sales for the US photography studios industry are projected to rise at a 2.96% CAGR from 2025 to 2029, slower than the overall economy's projected growth, according to a forecast from Inforum and the Interindustry Economic Research Fund, Inc. The professional and technical services sectors are driven by household income and consumer spending, construction spending, and expenditure on IT services. New technologies could support labor productivity gains for the industry. An expected improvement in consumer sentiment in the forecast period bodes well for the sector. A factor that may limit consumer spending is higher tariffs on consumer goods. Lower inflation supports a moderate increase of real disposable income by about 2% in 2025 and 1.9% in 2026. Real income could suffer to an extent if average prices rise due to tariff implementation.

Industry Revenue

Photography Studios


Industry Structure

Industry size & Structure

The average photography studio operates out of a single location, employs 5 workers, and generates about $492,000 annually.

    • The photography studio industry consists of about 9,700 firms that employ about 49,000 workers and generate $4.8 billion annually.
    • The photography studio industry is concentrated at the top and fragmented at the bottom; the top four companies account for about 38% of industry revenue. The top 50 companies account for about 54% of industry revenue. Some freelance photographers work out of home studios.
    • Large companies include Lifetouch and Picture People.

                                  Industry Forecast

                                  Industry Forecast
                                  Photography Studios Industry Growth
                                  Source: Vertical IQ and Inforum

                                  Vertical IQ Industry Report

                                  For anyone actively digging deeper into a specific industry.

                                  50+ pages of timely industry insights

                                  18+ chapters

                                  PDF delivered to your inbox

                                  Privacy Preference Center