By: The BitMar Team.
Streaming has transformed how we consume media—from movies and TV shows, to music and podcasts. As we look into the future, it is clear that streaming will continue to play a significant role in our lives. In this article, we will explore predictions, and trends, for the next decade of streaming.
The Rise of New Platforms:
The next decade is likely to see the rise of new streaming platforms, that cater to niche audiences, and/or provide unique content offerings. One such platform – although no longer in existence – was: Quibi. Launched in 2020, Quibi offered short-form video content, designed for mobile devices.
TikTok is another example—even though the company is facing legal scrutiny, and possible censure, in some countries, over its ties to the Chinese government, and alleged spying on its users. TikTok's unique algorithm-driven content recommendations, and short-form video format, have made it a hit with younger audiences.
Advancements in Virtual Reality (V.R.), and Augmented Reality (A.R.):
V.R, and A.R., have the potential to revolutionize the streaming experience. With virtual reality, users can immerse themselves in a 360-degree environment, making them feel as if they are 'inside' the content. On the other hand, A.R. overlays digital content onto the real world, enhancing the user's experience.
According to a report, by MarketsandMarkets, it is predicted that the V.R., and A.R., market will grow—from: $15.3 billion, in 2020, to $50.7 billion, by 2026. As these technologies become more affordable, and accessible, we can expect to see them incorporated into more streaming platforms.
The Impact of Artificial Intelligence (A.I.):
A.I has already had a significant impact on the streaming industry—from personalized content recommendations, to automated content moderation. In the next decade, we can expect A.I. to play an even larger role in streaming.
One report, by Business Insider Intelligence, predicts that A.I. will save the media and entertainment industry $3.5 billion, by 2023. A.I. can help platforms to better-understand user behavior, and preferences, leading to more targeted content recommendations, and improved user engagement.
Conclusion:
In conclusion, the next decade of streaming is likely to see the rise of new platforms, advancements in V.R. and A.R., and the continued impact of A.I. Keeping up with these trends will be essential to streaming platforms, in order to remain competitive and meet the evolving needs of consumers.
Next-generation streaming platforms – like: BitMar – may provide you the most affordable form of on-demand streaming entertainment. BitMar provides all-in-one streaming service, for life, for a one-time payment. It can connect you to millions of on-demand movies, TV shows, channels, videos, and songs (from many different sources on the Web), on the screens that you already own. In fact, BitMar provides access to more movies, and TV shows, than: Cable, Satellite, Netflix, Disney Plus, Max/HBO Max, Amazon Prime Video, Apple TV+, Peacock, and Hulu – combined – and more songs, than: Pandora, Spotify, Amazon Prime Music, and Apple Music—combined. You may learn more, at: BitMar.com/.