Tech-trends Redefining Entertainment Industry Future
Not surprisingly, technological advances are changing the entertainment industry in every way. With the global pandemic restricted people from going out, with friends, to clubs and theatres to see the new edition at the box office, the need for online video streaming services is growing dramatically.
Entertainment companies are coming out with latest and new ways to adapt the digital landscape to make it a better part of the decade. With the increasing demand for Internet services, meaningful, high-quality video content, TV subscriptions are becoming obsolete. The organizations make every effort to offer a new user experience and connect with its customers in the best possible way.
Did you know that about 60% of millennials watch a streaming video every day? Platforms like YouTube, Netflix, Disney+ Hotstar, and Amazon Prime Video have suddenly seen a surge in viewership worldwide.
A sharp enhancement in the digital content consumption from various sources such as television, games and mobile applications can be seen in Italy and the United States. The rapid introduction of mobile apps for access to social media and other entertainment platforms should drive the growth of online streaming services.
A new technology that is revolutionizing the entertainment industry
Users are constantly switching to multi-platform, multi-device applications. Entrepreneurs need to know their target audience and areas of interest. Where the entertainment industry is changing rapidly, innovation and modern technological devices has become a magnet. On the other hand, content is key in all areas of the entertainment sector. Advances in smart TVs, wireless music systems, smartphones, cameras, and automated computer processors have opened new ways of delivering content.
The fast internet connection and the ease of reaching customers have completely changed the way users and content creators interact. Technological growth strengthens digital streaming services. Streaming video and audio has changed consumer behaviour and improved the delivery of all types of media.
Let's highlight the innovative technologies that have changed how content is created and delivered in the entertainment industry.
Augmented Reality (AR) and Virtual Reality (VR):
Augmented Reality and Virtual Reality have conquered all lights in the entertainment industry. The most promising technological innovations have strengthened the relationship between viewers and content creators. Pokémon Go provides an example of leveraging the power of AR and VR. Enterprise giants like Google and Facebook believe that AR/VR offers mass, affordability, mobility, and price whether story-based content or live streaming, virtual reality and augmented reality app development enhance the user experience like never before.
IoT:
The entertainment industry has adopted the Internet of Things (IoT) to find new paths to success. As global businesses turn to strict lockdowns, companies like Amazon and Netflix are risking millions. Their shares are not fair on the stock exchange. It is undeniable that the development of IoT applications creates a significant gap in the entertainment industry.
Wearable Technology:
Wearable technology is the most powerful resource that makes the entertainment industry much more attractive. It offers a new way for users to access the content easily. Wearables allow users to watch augmented reality videos, listen to music, and play virtual reality games.
With the advent of portable app development, content delivery has become easier. This ensures that the content is delivered in a concise format without missing the full story.
Video Creation Technology:
It is indeed a fact that video streaming is the most important addition to the entertainment industry. Visual presentation is the most important approach to convey content properly, but creating multiple videos for different audiences is not easy. This is where video development technologies like API solutions and automated video creation solutions simplify the process.
Auto Journalism:
Automated journalism, or robotic journalism, is nothing more than a computer program that generates new articles, stories and interpretations of data to generate relevant content automatically. This gives them more room for complex tasks. It is the cheapest and most time-saving technological innovation that produces most of the information faster. This is best for new websites struggling with budget constraints but still want to maintain broad coverage.
Voice Search Technology:
Ignoring voice search technology can cause the entertainment business the biggest loss. Smartphone users are constantly using smart sound solutions and loudspeakers for quick discovery. With a combination of artificial intelligence and machine learning, voice recognition technology is constantly working to optimize content and provide a more transparent and personalized user experience. Google Assistants like Siri, Amazon Alexa, and Microsoft Cortana are perfect examples of successful voice recognition solutions.
Blockchain:
With its superior nature, blockchain solves technical barriers in the entertainment industry. Blockchain can improve revenue sharing, royalties, prices, and advertising. Emerging technologies offer advantages such as an optimized model for paid content payments, secure and efficient distribution of license payments. The addition of blockchain applications to the entertainment sector makes the distribution of licensed content more transparent, efficient, secure and automated. This technology enables fast and secure payments that are more efficient and cost-effective than conventional systems.
Face Recognition:
The artificial intelligence and visual recognition combination enables companies to receive real-time data based on user behaviour. Facial recognition works with high accuracy to analyze private behaviour in private or public spaces. This technology is explicitly used at live concerts to record real-time images from all surveillance cameras and provide feedback based on real-time material.
Cloud Security Management:
The entertainment industry is untouched by cyber-attacks. In memory of the unfortunate incident, Sony Pictures Entertainment breached in 2014, when 40 gigabytes of highly classified and sensitive business information, including private emails, was hacked and posted online.
Cloud security management continues to fight against cyber-attacks to protect the entertainment industry from such illegal endeavors. It avoids piracy by checking for and eliminating the streaming of illegal content online. The cloud management system monitors the production network, customer data, access control, and IT rules. Factors such as cloud load and data encryption will take center stage as more public entertainment agencies migrate to the cloud.
Summing up:
If you look at the entertainment industry, the last few years have redefined the true meaning of entertainment. All this because of the unstoppable advances in technology. Without a doubt, technology has taken the entertainment sector to the next level. There is no way for people to be bored. There are interesting things day and night that consumers can access in their spare time or whenever they want. The current era is filled with digitization, and the entertainment industry is no exception.
From listening to music to the art of filmmaking, playing video games in high definition graphics, watching your favorite TV shows and more, the entertainment industry caters to the needs of people of all ages. Everyone can share their favorite content stories, movies, etc.
Are you looking for a trusted entertainment application creation service? Contact Katalyst Technologies, as we are a team of highly skilled and certified mobile app developers. We have proven their experience of mobile app development that introduces a new way of online streaming services worldwide.
Email us at sales@katalysttech.com or call us at +1847425 4321
