Cultural Trends in 2021 Navigating a New Normal
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The 20,000 Foot View: Behaviours under coronavirus-driven lockdowns accelerated underlying digital consumption trends. Remote working and ongoing restrictions mean streaming behaviour is up across formats and demographics at the same time that some traditional entertainment formats effectively ceased. 2021 will see the rise of creators and services directly able to capitalise on the increased entertainment time now available online. Niche propositions will trend increasingly towards mainstream, causing the digital long tail to expand exponentially. Authenticity of voice and speed of adaptability to content output will be key to content success in 2021. Meanwhile, robust strategic distribution partnerships and ecosystem infrastructure plays through service bundling, will define entertainment business success in the coming year.
Key Insights
- The shift daily life to the digital as a result of pandemic-induced was an escalation of a slower-moving trend, and now has into the mainstream
- Sports was of the last strong propositions traditional pay-TV operators, with of sports watchers in 2020 having to pay-TV for three years more
- As the of lockdown become embedded and trend towards digital-first becomes the gaming is poised to lead experimental forays into new distribution and content applications of consumers said they would cancel one or more video streaming subscriptions, rising to of year olds – up strongly from in 2020 – and of 20-24 year olds
- With higher penetration for both Spotify and the younger segments have a affinity for pure-play propositions than which plays to the increasing of fandom in a content-saturated landscape
- However, Amazon gaining ground amongst older demographics, tend to have higher purchasing – thus making this a play in the long term, the emerging recession hits younger first and harder
- Fandom was well on its way to the defining driver of adoption loyalty, and independent creators were greater autonomy and creative control; has exacerbated and solidified these
- The attention crunch of saturation went through reprieve as lockdown opened up extra of consumer time, but competition of content has not overall
- In response lockdowns there will be some long-term habits, but there will be kickback when consumers are to return to what they to enjoy and have been to maintain ties to
Companies and brands mentioned in this report: Amazon, Amazon Prime Video, Amuse, Apex Legends, Apple, Apple Arcade, Apple Fitness+, Apple Music, Apple News, Apple TV+, BBC, BBC Sounds, Coalition for App Fairness, DAZN, Daybreak, Disney, Disney+, EA Games, ESPN+, Eleven Sports, Epic Games, FIFA, Fortnite, Freaks Gaming, HBO Max, Hi-Rez Studios, Kingdom, Bank, NBCUniversal, Netflix, Openbank, Orange Is The New Black, Peacock, Spotify, Spotify Fan First, Stranger Things, The Walking Dead, The Witcher, Tiger King, Twitch, Vodaphone, WarnerMedia, iCloud