The Next Generation Is Even More Committed to Video Than Ever
People born after the year 2000, sometimes referred to as Generation Z, are the first generation to grow up exclusively as digital natives. What this means is that their upbringing was closely tied in with digital technology- they don’t know life without iPhones, Netflix, social media, and most importantly the internet. This has vastly changed how the industry will be delivering video to consumers going forward. Both Generation Z and Millennials were raised consuming video differently than other generations. They gravitate almost exclusively towards online video and streaming websites that range anywhere from Facebook and YouTube to Netflix and Tik Tok. The formula for creating successful video content has been forever changed by these new mediums, where on-demand, short form video reigns supreme. According to Cisco, a Fortune 100 company, an estimated 82% of internet traffic globally will consist of video content by 2022, up from 75% in 2017. Additionally, Google’s research...