Growing Popularity Of Smartphones Makes Digital Content Creation Market a Success
In recent years, the
technological world has witnessed a tremendous shift from analog to
digital technology. Digital technology has played an important role
in augmenting the rise of digital content creation. In past few
years, digital content creation market has observed huge demand from
small businesses to large enterprises. Digital content include text,
images, audio, graphics, animations, and video files. Organizations
from different industry verticals have adopted digital content format
to promote their brand, product or any other information. The
widespread of social media such as, Facebook, LinkedIn, Twitter, and
others have created an enormous demand for digital content in the
modern age. Nowadays, social media is one of the easiest medium to
reach a large number of viewers in a very short time. Thus, marketers
have concentrated their marketing strategy to explore this medium
through digital content, in order to target maximum customers.
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The remarkable rise
in the creation of digital content creators can be attributed to the
advancement of smart technologies and electronic gadgets. The growing
popularity of smartphones, tablets and e-Readers, have significantly
increased the number of digital content viewers. Moreover, e-commerce
industry is observing a spontaneous growth that has further added to
use of digital content, to display their products images, videos, and
catalogues online. Furthermore, creation of rich media content has
been adopted on a large scale by organizations, considering the
high-impact format and other benefits of rich media content over
standard banner ads. Cloud services can be considered as a major
factor to accelerate the digital content, by providing virtual
storage place and facility to access the stored content from multiple
platforms at any time.
The digital content
creation market can be segmented on the basis of its end-use industry
and geography. On the basis of end-use industry, the global digital
content creation market is segmented into media and entertainment,
healthcare, education, government and public, manufacturing, museums
and art, retail, and hospitality. Further, the market for digital
content creation is segmented on the basis of different geographical
regions such as North America, Europe, Asia Pacific (APAC), Middle
East and Africa (MEA), and Latin America. Media and entertainment and
museums & art sectors are the major adopter of digital content,
considering its core business activities related to collection of
images, audio, videos and others. While retail sector is anticipated
to be the fastest growing sector in terms of digital content
adoption, to promote their wide product portfolio and reduce the
time-to-market. Furthermore, education sector is anticipated to
create a huge market for digital content creators, considering the
flourishing e-learning industry. The digital content for education
sector include, online seminars, videos, online database, periodicals
etc.
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Due to fast adoption
of technology and advanced digital infrastructure North America
accounts for the major share of digital content creation, followed by
Europe. However, Asia Pacific (APAC) and Latin America are expected
to create huge opportunities for digital content in coming years
considering the rise in adoption of technology in the region, with
economic growth. Developing countries such as India and Brazil are
focused on developing strong internet infrastructure and digital
technology, which is expected to generate vast opportunities for
digital content vendors in coming years.
The regional
analysis covers:
North America
(U.S. and Canada)
Latin America
(Mexico, Brazil, Peru, Chile, and others)
Western Europe
(Germany, U.K., France, Spain, Italy, Nordic countries, Belgium,
Netherlands, Luxembourg)
Eastern Europe
(Poland, Russia)
Asia Pacific
(China, India, Japan, ASEAN, Australia and New Zealand)
Middle East and
Africa (GCC, Southern Africa, North Africa)
The study is a
source of reliable data on:
Market segments
and sub-segments
Market trends
and dynamics
Supply and
demand
Market size
Current
trends/opportunities/challenges
Competitive
landscape
Technological
breakthroughs
Value chain and
stakeholder analysis
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