Stock Photos and Videos See Continued Market Growth

The stock image and video markets are now valued at over USD 7 Billion. The market is expected to continue a steady growth over the next 5 years. Canadian-based ProPics Canada Media Ltd. holds over 500,000 image and video files.
 
VANCOUVER, British Columbia - Feb. 13, 2024 - PRLog -- ProPics Canada Media Ltd. has over 500,000 video and image files while only a very small percentage are currently available online for stock creative or editorial usage. ProPics Canada Media Ltd. has been testing the creative market while also creating editorial content for media outlets around the globe. ProPics Canada Media Ltd. has captured content in 6 countries and continues to capture content for digital distribution in addition to exploiting the AI marketplace which will only add to the value of each individual file.

The average valuation of the files currently stands at $15. per image, $45. per video file and this does not include the combined value when each file is licensed as a data set for AI and Machine Learning Technologies. ProPics Canada Media Ltd. plans to not only release 300,000 digital image and video files by the end of Q4 2024 but also will continue to add new files to the catalogue. The small percentage of files currently available bring in a varied revenue stream for the company as the past 5 years has been focused on creating and building the library to be released on dozens of platforms for licensing.

ProPics Canada Media Ltd is also involved in Artificial Intelligence, Media Production, Cloud Solutions, Custom Technology App Design and Implementation, Machine Learning and other areas of Media, AI and Technology. For a complete list of ProPics Canada Media Ltd.'s international brands and services, you only need to visit https://www.propicscanada.com which also features thousands of image and video files in the galleries. If you are seeking editorial or creative stock images and videos, you can find the ProPics Canada Media Ltd. collection at https://www.pond5.com/artist/propicscanada166?ref=propics...

https://youtu.be/wgw96aFd1lA



This video is a brief over view of the brands and services of ProPics Canada Media Ltd. which is currently entering into the first round of SEED funding for a major growth and expansion which will include the rapid release of stock content and AI technologies. The average increase in the value of each file upon release triples the file values and adds immediate value to the companies digital assets. If you are interested in participating in this round of SEED funding, reach out to smile@propicscanada.com
  • The global stock images and videos market size was valued at USD 4.96 billion in 2022 and is expected to reach USD 7.33 billion by 2028, growing at a CAGR of 6.74% during the forecast period.
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ProPics Canada Media Ltd.
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