Driven by rapid adoption of smartphones and tablets, international consumers of digital media — video, video games, music and books — are moving away from traditional household ownership models to individual rental models, increasing the pressure on content publishers to increase investment and innovation.
This is according to "The Age of Curation: From Abundance to Discovery," an eight-country, 6,000 consumer survey and report to be presented on November 21 at the 2013 Forum D’Avignon, by Bain & Company (www.bain.com), aglobal business consulting firm. Key findings include:
° Smartphone ownership in developed markets (the U.S., U.K., France and Germany) jumped from 49% on average in 2012 to 64% in 2013, while increasing from 24% to 37% in developing markets (Brazil, Russia, India and China)
° Tablet ownership rose from 18% on average in 2012 to 39% in 2013 in developed markets, while increasing from 13...| Read more »