Top 10 Growth Opportunities in Digital Content Services, 2024

Top 10 Growth Opportunities in Digital Content Services, 2024

The Rise of Internet Connectivity, the Natural Need for Individuals to Connect with Others, and Technology Improvements Continue to Boost Digital Content Services

RELEASE DATE
08-Jan-2024
REGION
North America
Deliverable Type
Market Research
Research Code: K9CC-01-00-00-00
SKU: EM_2023_498
AvailableYesPDF Download
$2,450.00
In stock
SKU
EM_2023_498
$2,450.00
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Description

The increase in global internet users, internet traffic, active social media users, and unique mobile phone users is driving digital content growth. In 2023, the industry grew in new global internet users, new active social media users, and unique mobile phone users. By the end of 2023, around two-thirds of the world’s population is estimated to be using the internet. With high-speed connectivity bringing billions of people online, digital content and services increasingly drive the global economy. Will this growth continue in 2024? Frost & Sullivan expects this momentum to sustain due to the rise of internet connectivity, the natural need for individuals to connect with others, and general technological improvements. Globally, people conduct more activities online than ever before, such as watching videos, interacting on social media applications, shopping, and playing video games. This Frost & Sullivan study compiles 10 growth opportunities digital content service providers can focus on in 2024 to thrive in this dynamic and competitive landscape. These growth opportunities result from aggregated input from Frost & Sullivan’s Digital Content Services research teams across different global regions. Businesses seeking to understand the evolving dynamics of this growing industry will benefit from this information. Frost & Sullivan also lists Growth Accelerators or companies at the forefront of driving growth in their respective industries. These companies accelerate growth by continuously innovating and creating new technologies, solutions, platforms, business models, or strategies that serve ever-evolving customer needs. These companies are also best positioned to expand market growth by strategically broadening and/or enhancing their product portfolio. Frost & Sullivan’s Digital Content Services program has a future-facing mandate to examine evolving digital content services delivered over the Internet. Our practice area examines emerging topics and dynamic markets that represent the crucial touchstones of the digital landscape.

Author: Alaa Saayed

Table of Contents

Strategic Imperatives

Top 10 Growth Opportunities

Growth Opportunity 1: VR/AR-MR will Continue to Grow

Growth Opportunity 2: Generative AI will Find Real Applications

Growth Opportunity 3: Metaverse Concepts will be Refined

Growth Opportunity 4: Ad-supported Video Streaming is Pushing the Market Forward

Growth Opportunity 5: Enterprises Need Video Platform Help

Growth Opportunity 6: New Revenue Opportunities in the Digital Advertising Ecosystem

Growth Opportunity 7: Edge Evolution will Drive Performance

Growth Opportunity 8: Social Gaming and New Technologies are Reshaping the Video Gaming Market

Growth Opportunity 9: CPQ Solutions are Helping Enterprises Navigate Challenging Macroeconomic Conditions

Growth Opportunity 10: Efficiency and Sustainability Efforts Needed to Meet Consumer Expectations

Next Steps

Legal Disclaimer

The increase in global internet users, internet traffic, active social media users, and unique mobile phone users is driving digital content growth. In 2023, the industry grew in new global internet users, new active social media users, and unique mobile phone users. By the end of 2023, around two-thirds of the world s population is estimated to be using the internet. With high-speed connectivity bringing billions of people online, digital content and services increasingly drive the global economy. Will this growth continue in 2024? Frost & Sullivan expects this momentum to sustain due to the rise of internet connectivity, the natural need for individuals to connect with others, and general technological improvements. Globally, people conduct more activities online than ever before, such as watching videos, interacting on social media applications, shopping, and playing video games. This Frost & Sullivan study compiles 10 growth opportunities digital content service providers can focus on in 2024 to thrive in this dynamic and competitive landscape. These growth opportunities result from aggregated input from Frost & Sullivan s Digital Content Services research teams across different global regions. Businesses seeking to understand the evolving dynamics of this growing industry will benefit from this information. Frost & Sullivan also lists Growth Accelerators or companies at the forefront of driving growth in their respective industries. These companies accelerate growth by continuously innovating and creating new technologies, solutions, platforms, business models, or strategies that serve ever-evolving customer needs. These companies are also best positioned to expand market growth by strategically broadening and/or enhancing their product portfolio. Frost & Sullivan s Digital Content Services program has a future-facing mandate to examine evolving digital content services delivered over the Internet. Our practice area examines emerging topics and dynamic markets that represent the crucial touchstones of the digital landscape. Author: Alaa Saayed
More Information
Deliverable Type Market Research
Author Alaa Saayed
Industries Entertainment and Media
No Index No
Is Prebook No
Keyword 1 Digital Content Services
Keyword 2 Digital Content Industry Trends
Keyword 3 Content Services Trends
Podcast No
WIP Number K9CC-01-00-00-00