The Future of Media and Entertainment: How Emerging Tech Will Reshape the Industry
By harnessing the power of 5G and other emerging technologies, media companies can deliver tailored content and craft interactive environments that cater to individual preferences
The media and entertainment landscape is undergoing a significant transformation, driven by emerging technologies that are redefining how content is created, delivered, and consumed. As we look ahead, several key technologies are set to have a major impact on the industry.
5G: The Foundation for Innovation
5G's incredible speeds and low latency will usher in a new era of individualized experiences. From real-time interactions and personalized content to extended reality (XR) applications that blend the physical and digital worlds, 5G will reshape audience engagement with content. Consumer device manufacturers are focused on untethered connectivity with personalized experiences.
AI and Machine Learning: Powering Content Creation
Artificial intelligence and machine learning are poised to revolutionize content production and consumption. By automating tasks, analyzing viewer preferences, and generating curated recommendations, these technologies will empower media companies to deliver bespoke experiences that truly resonate with viewers.
Additionally, AI-driven tools will streamline content creation processes, enabling the rapid development of highlights, summaries, and other content formats tailored to specific audience segments. Think about a shift from one piece of content for everyone’s consumption to unique content for specific segments, down to the individual consumer.
Extended Reality (XR): Transforming the Viewer Experience
XR, encompassing virtual reality (VR), augmented reality (AR), and mixed reality (MR), will continue to redefine how we experience media and entertainment. From attending virtual concerts and sporting events, to airline flights with custom XR experiences, to interacting with digital elements that enhance live performances, XR will create unprecedented levels of immersion and engagement outside the home.
The 5G Stadium: A New Era for Fans
5G will also revolutionize the live event experience. In stadiums, fans will enjoy seamless streaming, instant replays from various angles, and interactive experiences such as real-time stats and player perspectives.
AR overlays will provide real-time player information and historical context, enriching the viewing experience and opening up new avenues for fan engagement. Furthermore, 5G will enable connectivity for a wider array of devices, amplifying the overall stadium experience.
Edge Computing: Real-Time Content, Everywhere
Edge computing benefits from the inflection point where bandwidth and throughput have become ubiquitous. It is the combination of low-latency, server in the cell approach that enables data processing closer to the origin, that facilitates real-time content creation and delivery with almost no delays.
This will empower creators to provide live, high-quality experiences to audiences irrespective of their location. For venues and retailers, edge computing will also enhance wayfinding and other location-based services, elevating the customer experience.
Personalization and Immersion: The Future of Media
As consumer expectations continue to rise, media and entertainment companies are adapting to the growing demand for personalized, immersive experiences.
By harnessing the power of 5G and other emerging technologies, they can deliver tailored content and craft interactive environments that cater to individual preferences. From AR-powered wayfinding in retail spaces to VR experiences that transport fans to the sidelines of their favorite sporting events, the possibilities are boundless.
Connectivity is moving outside of the tethered cell phone to direct connected 5G-enabled high end IoT devices, the still camera, video camera, televisions, over the top playout devices, health wearables, real-time coaching, and many more that will come to market.
The future of media and entertainment is being shaped by rapid technological advancements. It’s becoming a story about interactivity and personalization, not just consumption of content. 5G, AI, XR, and edge computing are just a few of the technologies that are set to redefine the industry in the coming years.
It is the two-way nature of connectivity that enables this transformation and new market opportunity. By embracing these innovations, media companies can deliver captivating experiences that meet the evolving expectations of today's consumers.
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Josh Arensberg is CTO, Media & Entertainment for Verizon Business Group. With more than 25 years of experience in media and technology, Josh has been running engineering organizations, providing technology strategy and leading global business development in the media and entertainment space at numerous companies. He currently provides M&E strategy and business development leadership at Verizon.