We have featured Niche of the Week posts on special hobbies, or what I call “passions,” before: makeup, cooking and travel. Here I am yet again with another Niche of the Week post on how to turn your hobby or passion into a source of income.
My husband was badly bitten by the shutterbug two years ago. He has always been interested in photography and has exhibited a talent for capturing great moments, so he finally decided to pursue it. He bought a Nikon 5100 DSLR and became the official family photographer. I fully support him, but we both never thought anything would come out of it besides having another hobby.
Interest in photography had reached a plateau until Nikon introduced the first digital camera in early 2000. Canon and other manufacturers followed suit, and not long after that, we discovered cameras on mobile phones. Digital photography was born.
There are now 4 times as many camera owners per US household as there were in 2002, with the bulk of photos stored on Facebook. Photography accessories such as memory cards, camera bags, cleaning kits and the like have never been more in demand. There are also online photography schools where you can learn to shoot better photos, as well as various books on photography.
The Big Picture
The photography industry is a $10 billion industry in the US alone.
Photography has gone digital in recent years. While anyone with a camera can now take photos and edit them with (often) free software, there’s definitely still a demand for photography specialists, who are making a comeback as they focus on specific photography services like special events coverage and publishing photo books.
The photography industry in the US earned USD $10 billion in 2013, and and has been projected to grow 1.8% each year since then — indicating a recovery in progress.
As far as interest in the photography niche, Australia tops the list. There was a decline to the number of searches from between 2014 to early 2016, but it is slowly on the rise. The US takes the 5th spot, behind New Zealand, the UK, and South Africa.
Source – https://goo.gl/M1ZMxZ
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