Industry revenue of »photographic activities« in Spain 2011-2023

From the Alcazar to the Royal Palace, Spain is home to some of the finest architecture in the world. Tourism, is one of the most flourishing sectors in the nation and has had a positive effect on many other industries such as restaurants, beverages and even photographic activities, which is expected to generate revenues of around 610 million U.S. dollars in 2017.

Smartphones are replacing traditional cameras

Evolution of smartphones has resulted in a sharp decline in the use of watches, calculators, diaries and compasses over the last few years. And now, with mobile camera resolutions exceeding 50 megapixels, traditional cameras are being pushed to the wall as well. In addition, the availability of affordable/free cloud storage is also making printing of photographs obsolete. Therefore, an estimated decline in the revenues over the next few years from photographic activities does not surprise industry stalwarts.

Photos/Videos, most expensive part of the wedding

With a relatively high number of marriages taking place in Spain as compared to its European counterparts, photographic activities in Spain have received a significant boost. Typically, rings and car rentals would be the most expensive spent-on items for most wedding planners, but that certainly is not the case in Spain. According to a survey conducted in 2014, Spaniards spent a minimum of 900 Euros and a maximum of 1500 Euros on photos/videos for their weddings, nearly 50% of the total cost.

Most photographers working for news agencies and newspapers

Nearly 78% of the photographers and cameramen work for news agencies and digital newspapers. They are either employed by the organisation or work on a freelance basis.

Industry revenue of »photographic activities« in Spain from 2011 to 2023

Revenue in million U.S. Dollars
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Sources

Supplementary notes

* Estimate - This also applies for past years as data provided by statistical institutions often is not available for more recent years.

Currency conversion factor: (EUR -> USD) = 1.186

The industry classification is based on the NACE Rev.2 - system in Spain. The industry “photographic activities“ has the code “M742“.

Details on the methodology can be found here.

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