Before looking towards the future, let’s take a moment to see what the social media landscape looks like currently. That’s why future platforms will be designed with smartphones in … It's all about how close you are to the audiences, how you analyse and track numbers. The future of social media is mobile. Add to this that bitcoin is now easily purchasable through popular services like Robinhood and Paypal, and you have fewer people who need Google to figure out the intricacies of bitcoin wallets and transactions. The existential crisis of ad blocking will resolve itself — but be careful what you wish for. Share on Facebook: http://on.fb.me/1uhAXc3In July 2012, the US spent 121 BILLION minutes on social media - should we be worried? After dwindling due to a glut of Pong clones, the release of Space Invaders in 1978 reinvigorated the market. FinTech startups like Chipper Cash are providing Nigeria and other African nations with no-fee P2P payment services, along with the ability to trade bitcoin. The Matrix-like future: Movies, games, TV all blur The future of media is certainly streaming. 2018 Social Media Trends Report: 10 Key Insights Into the Present and Future of Social Media. For Boomers and Gen Xers, the shift has been earth-shattering. Axios’ Jim VandeHei on the Future of Media and the News Outlet’s Foray Into Local News. Lastly, here are some figures on the future of media and entertainment that are particularly interesting: By 2021, Cisco says that 82% of all internet traffic will stem from digital video. From your iPod Shuffle to your Spotify subscription. Which Countries are Mapping the Ocean Floor? Time will tell if 2017 is set to repeat itself, or if bitcoin is getting ready to set new all-time highs going into 2021. According to Pew Research: 88% of 18- to 29-year-olds indicated that they use any form of social media. The future of media is continuing to turn to digital media for entertainment, news, and business, which translates to major opportunities for businesses. While it’s hard to predict how the future of social media marketing will look like in the next 10 years, there are several trends that can be forecasted. Oops. But it was Apple’s iPhone that solidified the transition of gaming to a mobile platform. For as long as most of us can remember, Fox News has been at the center of the right-wing media world. “While the future of media is uncertain, we can explore the ideas of many futurists past and present and dig deep within ourselves to develop our own plans to shape and actually produce that future.” – Course Description, Producing and Predicting the Future of Digital Media… Nintendo continued to hold onto the handheld market with updated Game Boy consoles, and Nokia and BlackBerry tried their hands at integrating game apps into their phones. Read all. In just four years, eMarketer projects it will nearly double by 32.7 percent. So begins the war of the voices, to see which platform—if any—can rise to mainstream status and shape the future of social networking. I think we may be on the verge of a new wave of independent media. Social media referrals are overtaking search. Research from Pelham Smithers shows that while the tidal wave of gaming has only continued to swell, the driving factors have shifted over the course of gaming history. We had a previous wave and it gave rise to websites, blogs, and news aggregators. Keep an eye on these trends to stay ahead of the curve in 2020 and beyond. Even if current mainstream coverage isn’t far from previous peaks, it’s still likely that people are seeing an increase in bitcoin content in their news feeds following the recent surge. Additionally, more and more people are using their smartphones as their main source for accessing social platforms. Precious Metal Production in the COVID-19 Era. Meanwhile, Amazon and Google are launching their own services that work on multiple devices, mobile included. Different types of groups. There are more than 2.7 billion gamers worldwide in 2020, and how they choose to spend their money will continue to shape gaming history as we know it. Since 2015, the Nigerian Naira has lost more than 50% of its value against the U.S. dollar. – Course Description, Producing and Predicting the Future of Digital Media, … Debating the future of media. Unfortunately, the gaming industry grew too quickly to maintain. I think we may be on the verge of a new wave of independent media. Research has shown that the gap between those who consume TV news and those who consume online news is rapidly narrowing, with almost half of Americans admitting they regularly read online news sources. Interested in getting the full report? Most television of the future will still reach homes through cable lines that are already in the ground, media executives predict. It was a sign of what was to define this era of gaming history: a technological race. Just about every financial asset saw a huge drop in March, but few have had the spectacular recovery that bitcoin has had since then. With the revenue streams that have sustained the media industry for decades drying up, subscriptions may be the only viable future for independent … Fast-forward to the future, and we should see global social media usage continue on its upward trajectory. Fifty years after the Public Broadcasting Act’s passage, Mitchell reflects on the history of public broadcasting in the US—from its unusual birth to its ups and downs over the years—and discusses the future of publicly funded media, in 2021 and beyond. Longer Visits, Repeat Visits. Social media is always evolving. 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Media and the ways we engage with it are constantly evolving. Keep an eye on these trends to stay ahead of the curve in 2020 and beyond. With CNN being in a prime position to understand these trends, the future of media may well see this democratisation of AI, data and 5G coming to fruition. And with the proliferation of smartphones, social media games, and streaming services, they’re on the right track. And it’s up to us to create the world we want to live in, otherwise we’re enabling or succumbing to our current reality and dystopian future. Meanwhile on PCs, Blizzard was tapping into the Massive Multiplayer Online (MMO) subscription market with the 2004 release of World of Warcraft, which saw a peak of more than 14 million monthly paying subscribers. By 2021, Cisco says that 82% of all internet traffic will stem from digital video, There will be 26.3 million VR headsets shipped in 2022, up from 100,000 in 2016, By 2021, there will be 650 million subscribers to services like Amazon Prime or Netflix, 5G latency is expected to be 0.001 seconds, which is 15-60x faster than 4G. By changing our way of consuming content, it will change traditional media as well. Every year it feels like the gaming industry sees the same stories—record sales, unfathomable market reach, and questions of how much higher the market can go. Social media evolves faster than the marketing industry can keep up. In 2001, Microsoft launched the Xbox Live online gaming platform for a monthly subscription fee, giving players access to multiplayer matchmaking and voice chat services, quickly becoming a must-have for consumers. The presentation was put together with the help of the BI Intelligence team, a premium research service from Business Insider. On the backs of games like Duck Hunt, Excitebike, and the introduction of Mario in Super Mario Bros, the massive success of the NES revived the console market. Online video (6.0%), online ads (4.3%), and video gaming (2.7%) are the only sectors growing at a rate faster than GDP growth. Here are some of the key trends that we found to be compelling: Annualized Media Sector Growth (Minus GDP Growth) from 2016-2021. In the long term, creativity will win. It's yours FREE! Please try again later. Read the full article. The Digital Magazine Awards have been going strong for six years, and the conference preceding the awards has been a place where the industry rebels and enthusiasts have gathered to discuss the issues facing the industry. Likewise, it was Atari that sold a home console version of Pong in 1975, and eventually its own Atari 2600 home console in 1977, which would become the first console to sell more than a million units. 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