Photo Booth Market In-depth Analysis and forecasts by 2027

The photo booth market is projected to observe substantial growth through the forthcoming timeframe due to the introduction of interactive kiosks in retail sector, higher preference for open photo booths, and wide-scale product adoption across numerous application avenues like wedding parties, amusement parks, and corporate events among others. A photo booth is essentially a vending machine or modern kiosk which comprises of an automatic generally coin-operated photographic camera and film processor.
Conventional photo booths comprise of a bench designed to seat one or two patrons to be photographed. Nowadays most of the photo booths are digital as opposed to the conventional film-based systems. The booths are generally installed indoors, in places of entertainment like amusement parks or arcades.
However, in some cities across the globe photo booths are also included inside train stations as well as other transportation centers, simply as a means of getting a photograph required for inclusion in a travel card or transit pass.
The photo booth market is segmented in terms of component, type, application, and regional landscape.
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In terms of type, the photo booth market is divided into enclosed and open. Among these, the open photo booths segment will witness robust growth owing to the factors such as availability of wide range of backdrops options and large capacity to fit individuals. This type segment is rapidly gaining popularity and is mostly popular for parties, weddings, school formals, festivals, and corporate functions.
It has both a photo booth kiosk and a backdrop stand. In comparison to traditional photo booths, open booths could get into places owing to smaller footprint. Lighting is one of the areas where these types of photo booths outshine, the arrangement offers huge potential for operators to provide top quality lighting with pleasing and vibrant photos.
Open air photo booths are also more portable as compared to traditional type of photo booths that are heavy and bulky. The setup of open photo booth could be broken down and carried to numerous locations as well as difficult to access areas like upstairs as well as through narrow doors.
From a regional frame of reference, photo booth market in Middle East & Africa will witness tremendous growth over the coming time period. Rapid expansion of retail sector in the region is driving the need for interactive kiosks to enhance customer shopping experience.
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In 2020, Emirates, one of the largest airlines and flag carrier of UAE, reportedly introduced 16 bag drop kiosks and 8 self-check in counters at the Dubai International Airport. These kiosks help in decreasing the waiting time, specifically during peak hours. Customers could conveniently get boarding passes, drop off their bags, check-in, as well as select seats.
Table of Contents
Chapter 1 Methodology & Scope
	
1.1 Scope & definitions
	
1.2 Methodology & forecast parameters
	
1.3 COVID-19 impact	
		
1.3.1 North America
		
1.3.2 Europe
		
1.3.3 Asia Pacific
		
1.3.4 Latin America
		
1.3.5 MEA
	
	
	
1.4 Data sources	
		
1.4.1 Secondary
		
1.4.2 Primary
	
	
Chapter 2 Executive Summary
	
2.1 Photo booth industry 360 degree synopsis, 2017 - 2027	
		
2.1.1 Business trends
		
2.1.2 Regional trends
		
2.1.3 Component trends
		
2.1.4 Type trends
		
2.1.5 Application trends
	
	
Chapter 3 Photo Booth Industry Insights
	
3.1 Industry segmentation
	
3.2 Impact of coronavirus (COVID-19) pandemic	
		
3.2.1 Global outlook
		
3.2.2 Regional outlook		
			
3.2.2.1 North America
			
3.2.2.2 Europe
			
3.2.2.3 Asia Pacific
			
3.2.2.4 Latin America
			
3.2.2.5 MEA
		
		
		
3.2.3 Industry value chain		
			
3.2.3.1 Raw material & component suppliers
			
3.2.3.2 Manufacturers
			
3.2.3.3 Technology provider
		
		
		
3.2.4 Competitive landscape		
			
3.2.4.1 Marketing & strategy
			
3.2.4.2 Business growth
		
		
	
	
	
3.3 Industry ecosystem analysis	
		
3.3.1 Evolution of photo booths
		
3.3.2 Raw material & component suppliers
		
3.3.3 Manufacturers
		
3.3.4 Technology providers
		
3.3.5 Third party payment issuers/providers
		
3.3.6 Telecom operators
		
3.3.7 System integrators
		
3.3.8 Service providers
		
3.3.9 Distributors
		
3.3.10 Vendor matrix
	
	
	
3.4 Technological & innovation landscape	
		
3.4.1 Augmented Reality (AR) & Virtual Reality (VR)
		
3.4.2 Impact of Artificial Intelligence (AI) and Machine Learning (ML)
		
3.4.3 NFC & RFID enabled photo booths
		
3.4.4 Virtual photo booth
		
3.4.5 3D technology
		
3.4.6 Green-screen technology
	
	
	
3.5 Regulatory landscape
	
3.6 Industry impact forces	
		
3.6.1 Growth drivers		
			
3.6.1.1 Integration of advanced technologies in photo booths
			
3.6.1.2 Rising adoption of photo booths in entertainment industry in North America
			
3.6.1.3 Increasing investments by market players to enhance image quality in Europe
			
3.6.1.4 Adoption of social networking sites among young demographic in Asia Pacific
			
3.6.1.5 Growing internet penetration and digitalization in Latin America
			
3.6.1.6 Flourishing travel & tourism industry in the MEA
		
		
		
3.6.2 Industry pitfalls & challenges		
			
3.6.2.1 High cost of the machine
			
3.6.2.2 Poor quality photos leading to security risks
			
3.6.2.3 Growth of rental photo booth market
		
		
	
	
	
3.7 Growth potential analysis
	
3.8 Porter's analysis	
		
3.8.1 Supplier power
		
3.8.2 Buyer power
		
3.8.3 Threat of new entrants
		
3.8.4 Threat of substitutes
		
3.8.5 Internal rivalry
	
	
	
3.9 PESTEL analysis
 
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