The Future of Media Consumption: Insights from Competitive Analysis in 2025
Two factors will continue to drive transformation in the
media landscape in 2025, as we see it. Both factors will contribute almost
equally to these variations. The ever-evolving technology and the ever-mutating
consumer preferences! In this write-up, we will attempt to envisage the future
of Media Consumption basing our conclusions on comparative analysis.
We shall draw upon the intelligence that two separate
services provide, intel that will help us create a picture of the near future
of Media Consumption. On the one hand, market
intelligence reporting services provide us with data about the overall
environment of the market, encompassing industry trends, customer behavior,
market dynamics, and potential opportunities or threats.
On the other hand, competitive
intelligence reporting services give us access to information on
specific businesses, their strategies, strengths, weaknesses, and market
positioning. Based on the insights these two provide, let us draw a vision of
tomorrow’s Media Consumption.
A safe prediction to make at this juncture seems to be that
a drastic rise in consumption of genuine, social issues-based content will be
observed. Real people and communities, highlighting their true experiences and
challenges will take center stage. According to a report by ‘We Are Social’,
the process of creation of media content will display major decentralization.
This will grant individual creators more control over their content. Also, due
to the direct interaction between producers and buyers, e-commerce will
flourish.
An obvious, high-impact game changer is going to be
Artificial Intelligence. AI is going to bring great changes in both the nature
of content as well as the way it’s created. Consumers can expect highly
customized experiences and unprecedented efficiency in content creation. Of
course, during the initiation phase as well as later, we will have to prepare
for concerns related to intellectual property making regulatory frameworks a
primary necessity.
Strangely, it is also being predicted that ‘linear video’,
where the programs are scheduled to be broadcast at a fixed time will continue
to go strong. According to a report, more than 90% of media gurus opined that
linear video will continue to be significant in the media business mix.
Further, a word of caution can be sent out to the market
that these and other changes that are expected can be dealt with by the
businesses by including market and competitive intelligence reporting in
their panoply, helping them to maximize gains and mitigate risks. For instance,
the potential intellectual property threats from content creation with AI can
be understood by media companies based on these reports.
Also, as I said, consumers will prefer meaningful and
personalized content, and hence, businesses will have to create strategies that
create outcomes catering to these altered requirements. Here also, media
market and competitive intelligence reporting services will provide the
vital input these businesses will need.
In a nutshell, the media landscape in 2025 will show an
inclination toward well-created content with social impact making content
creators highly significant. Also, technology will be in the driving seat which
would alter the picture drastically. Further, I specifically mentioned the rise
in importance of market and competitive intelligence reporting solutions
in helping businesses deal with the changing scenario.
Here's wishing everyone a gainful new year bringing in
success.
Comments
Post a Comment