Over the next 25 years, consumer created and curated content will evolve to stand shoulder to shoulder with professionally produced news and entertainment, according to a new report from ZenithOptimedia.
The study, which identifies six future trends for the next quarter of a century, predicts the emergence of individual content producers and publishers creating content for the wider public – in some cases published by traditional media corporations.
ZenithOptimedia writes that “despite the phenomenal growth of consumer created content, there will still be a strong need for professionally produced content from mainstream publishers and entertainment companies.”
Alongside the democratisation of content, the media agency also predicts the rise of the Internet of Everything – a reoccurring theme at this year’s annual Consumer Electronics Show in Las Vegas, which saw everything from connected fridges to connected coffee cups.
The company expects wearable devices – and even chips implanted under the skin – to become commonplace, ultimately enabling brands to “personalise and deliver products and services for our every need.”
Other predicted trends include the Age of the i-Street, that will see the high street evolve to give consumers sensory experiences where they can interact with brands and products; a major shift in global economic power – with Brazil, Russia, India and China generating half of the world’s GDP by 2030; and companies shifting from using social media primarily as a communication platform to adopting it as a fundamental part of their business model.