Ukpeh: Photography Business Will be Worth $150bn by 2026

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The Managing Director of NYV Lens Limited, Mr Alvin Ukpeh has stated that The estimated value of the photography industry set at nearly $80 billion in 2017 is expected to reach $150 billion by 2026…

The Managing Director of NYV Lens Limited, Mr Alvin Ukpeh has stated that The estimated value of the photography industry set at nearly $80 billion in 2017 is expected to reach $150 billion by 2026.

“On the other hand, there is an opportunity for various persons to venture into the photography industry with little or no experience. Likewise in Nigeria, the face of the industry has changed drastically as more creative photographers entered the scene. Despite the prevailing COVID-19 restrictions to public events, the desire for better imagery doesn’t seem to be waning anytime soon, “he said.

“We started NYV Lens eight years ago through my love for arts, which eventually developed into a passion for photography. While most art shows in Nigeria focus primarily on paintings, drawings and sculptures, Alvin saw the need to fill the gap in the exhibition sector of Nigeria’s photography culture, showcasing his work with the hope to inspire other photographers to expand into these more creative areas.

 

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