In a world where digital content consumption has reached saturation point, capturing audience attention and creating value has become the biggest challenge for content providers. PwC Strategy& UK conducted a survey revealing insights into the current state of the Digital Attention Economy (DAE), including differences in digital media consumption between genders and age groups. In the UK alone, the Digital Attention Economy had an estimated consumer spend of £21bn in 2023. The DAE landscape is constantly changing, marked by the growing popularity of user-generated content, new modes of content discovery and distribution, and the rapid adoption of new technologies such as Generative Artificial Intelligence (GenAI). Our latest Strategy& report shares a comprehensive understanding of the landscape, customer segments, and future changes in consumer behavior: https://lnkd.in/eWcCS2z4 #DigitalAttentionEconomy #ContentProviders #ConsumerDemands #DigitalTransformation Omar Tsang, Usamah Agha, Daniel Bunyan, Henrico Yuwono, Mary Shelton Rose, Will Barkway, Andy Wisnia
"To thrive in this highly competitive environment, businesses must adapt to fast changing trends and transform their operations to build the necessary capabilities for retaining customers and achieve sustainable long-term growth in the DAE" Couldn't agree more 👏🏻👏🏻
Lots to absorb there. Be interested in the team’s perspective of the pace of emergence of digitally immersive experiences that will cross over gaming, broadcast and streaming - where increasingly powerful AI will enable you to interact with the stars (alive or dead, or who never existed).
Thanks Cled Jones - this is a fantastic write up on Attention metrics and Digital Consumption. I'm sure all my AdTech network will value reading this.
Very interesting read, great stuff team!
Strategy& | ICBS | Oxford
7moGreat working with Cled Jones Usamah Agha Henrico Yuwono Zaid Dudhniwala Tiffany Tay on this piece! Looking forward to seeing how the DAE landscape will continue to evolve in the next few years and beyond!