Having been in the Wedding Photography business in Singapore for the last decade, and as a working veteran wedding photographer, since 1991, i believed that the local (Singapore) wedding photography market has finally come to a matured state, and is ready for the next phase of change, in the next 5 years.
The common observation by many peers is as follows:
[1] many new faces ( digital wedding photographers ) in the last 3 years
[2] many old Birds ( veterans film / digital photographers ) have faded or semi-retired in the last 3 years.
My personal forecast in the next 3-4 years:
[1] There will be at least 5 times in Numbers of Wedding photographers in 2010, as compared to today's estimated 6,000 wedding photographers ( 90% *part-timers and 10% **full-timers ).
*Note: Part-timers refers to Photographers offering services as sideline jobs, they have their day jobs.
**Note: Full-timers refers to Working or Career Professionals whom are specialist in Weddings and bridal portraits, or Commercial or Event photographers doing weddings for diversification of their portfolios or incomes.
[2] There will be even a wider "Pricing Gap", between the premium and the entry level, as of the last few years. Currently, there's a pricing "vacuum" in the middle-upper range of the wedding day photography market. This "vacuum" has not not been filled, but it can be understood , once One analyzed the data and the market trend and offerings.
So what or how much is this so-called middle-upper bracket or range of the wedding photography market ? ... [ To be Continue ... ]
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©2005-2006 Nick Goh Photography www.nickgoh.com
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