The rise of digital media is largely driven by convenience and consumer preference for accessing content across multiple devices.
Here's a breakdown of the key factors:
Convenience: Streaming services offer on-demand access to a vast library of content, eliminating the need for physical media like CDs and DVDs.
Accessibility across devices: Users can enjoy their music, movies, and books on smartphones, tablets, laptops, and smart TVs, providing greater flexibility.
Shifting consumer preferences: Younger generations are more accustomed to digital media consumption and may not value physical media collections as much as older generations.
The article cites a Statista survey which highlights this trend:
Only 25% of US adults prefer physical copies (CDs, DVDs, books)
Over 55% value access to content across multiple devices
While some people may enjoy nostalgia associated with physical media, practicality and user habits are driving the digital media revolution.
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