The rise of reels, social networks, and digital streaming platforms has significantly influenced the way we consume and interact with content. India, with its vast population of over 1.4 billion people, presents a unique set of demographics that influence media consumption patterns, and probably even vice-versa in media influencing social behaviour. The market has a predominantly young population, with a significant percentage falling within the millennial and Gen Z cohorts. These digitally savvy generations are not only shaping consumption trends but also redefining how media is produced, distributed, and consumed. With increasing internet penetration and smartphone adoption, more Indians now have access to a wide array of content across various digital platforms.
The Indian media sector has been quick to recognise the changing landscape and adapt to the evolving needs of its audience. Traditional media outlets, such as print and television, have been expanding their digital presence to reach wider audiences. At the same time, digital-native platforms are gaining prominence, offering on-demand content, personalised experiences, and interactive engagement. Streaming services, social media platforms, and digital news aggregators are witnessing significant growth, attracting both domestic and international players to invest in the Indian market. Can they exist as standalone, or will there be a melting confluence of media mediums?
Denne historien er fra 17 June 2023-utgaven av Business World India.
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Denne historien er fra 17 June 2023-utgaven av Business World India.
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