In December 2016, Photo-Me announced the launching of photo booths which will be able to send the photos and signature directly to the UK passport office. Innovation in photo booth technology for various applications is simultaneously fueling the market growth. For instance: In April 2016, Her Majesty Passport Office in United Kingdom has been testing the idea of selfie photos owing to the advantages such as free, quick and easy to take. Photo booth is regarded as the most efficient and best way for capturing the images which meets the requirements of International Civil Aviation Organization.
Document photo both is primarily used to capture photos for passports, driving license and other official documents. On the basis of application, the photo booth market is segmented into document photo and entertainment occasion. Photo booth rental is gaining a wide range of acceptance owing to the social media integrated booths which allows the guest to step into social media sharing kiosk and sharing the pictures instantly on the social media platforms. According to UK wedding statistics 2017, about 40% of the demography hires a photo booth in wedding ceremony. The rental services in photo booth market is gaining wide range popularity and becoming an essential component in any successful wedding, party or any other events, thereby providing great fun not only to the guest but also providing long lasting memories.
Global photo booth market is mainly bifurcated on the basis of product and application.īased on product, the photo booth market is mainly segmented into rental services and equipment sales. The photos captured in the booths are directly sent to the printer, hence eliminating the longer waiting periods for printing Intended Audience Ease of installation and cost-effective characteristics of photo booths also facilitates its adoption in the major events, hence fueling the market growth. The adoption of photo booths directly eliminates the hassle of taking pictures yourself thereby providing the opportunities to enjoy the occasions. It helps in providing the event with memorable moments rather than just a photo-graphs. Photo booths are one of the best ways to capture a moment in several occasions such as weeding, parties and others. Mainly photo booths are adopted for passport and driving license purposes, hence considerably propelling the market growth. The photo booths play an important role in capturing the photos for such official documents specifically in the countries such as UK, France, Japan and others. The photograph used on the official documents possess a numerous benefit such as: prove the identification when needed, operate efficient security within the office environment and others. This photo id cards are used for a wide range of applications depending upon their type and usage.
Identification forms a significant part of our life, irrespective whether at home or overseas, photo Id is essential to remain safe and secure. Global photo booth market by equipment sales is expected to grow at CAGR 20.7% during the forecast period 2019–2026. Besides this, it has gained huge popularity in wedding, parties and other entertainment occasion, thereby propelling the market growth. Photo booths are mainly used to capture photos for official documents such as passports, driving license and other documents. The primary equipment required for photo booth are camera, background, props and other devices such as printer and software, hence resulting in low investment supporting many new entrants in the market. Photo booth companies mainly offer rental services on hourly basis, hence majorly contributing in the market growth. Photo booths have become popular owing to its adoption in weddings, parties, corporate events and in government services. In the recent few years, photo booths market has expanded owing to its simple business model. Photo booth is a digital vending machine consist of camera and film processor specifically used for capturing photographs for official documents and entertainment purposes. Global Statistics Representing Photo Booth Market Scenario