Traditionally, photography is a practice, involving the capturing and recording of light and objects. But photography is more than that. It also involves application, creativity, and art.
Photography as a process dates back to the 1600s. It evolved through the 1860s and 1870s, when a number of small producers of photographic supplies emerged. A new system of photography was introduced in 1948 by the Polaroid Corporation.
Today, technology has changed dramatically. Digital cameras enable photographers to record and store images on computer chips. They can also do things like smile detection and face recognition. The new technology has also given photographers more control over their photos.
Photography is a valuable industry because of its ability to capture memories and events. It is also important to businesses, because high-quality images are necessary to promote products. However, it is also threatened by technological advances. In particular, the fall in the cost of professional equipment could limit its growth.
As a result, smaller photography businesses will need to find new ways to appeal to clients. Technology may also help new businesses break into the industry.
The industry is highly competitive. Having a good reputation is crucial to success. There is little regulation in the industry. In the UK, there are no licenses required for professional photographers. Many photographers work on a freelance basis. The majority of photography businesses are small.
The industry is expected to grow over the next five years. Its revenue is forecast to increase 1.8%. This growth is driven by increased advertising activity. However, inflation and the rising popularity of online photograph databases are predicted to hinder its growth.