CAMBRIDGE, Mass.--(BUSINESS WIRE)-- Just as the Internet has
changed the way that businesses communicate with consumers, it
will change the way consumers communicate with each other.
Digital technologies, combined with the communication and
distribution medium of the Web, will enable consumers to create
and share personal multimedia content. According to a new Report
from Forrester Research, Inc. (Nasdaq: FORR), sites and vendors
that exploit this trend will improve customer retention and
drive related commerce activities.
"Consumers' current media experiments are baby steps
compared with what is to come," said Jeremy Schwartz, a
senior analyst in Media & Entertainment Research at
Forrester. "In five years, 57% of US households will use
some form of personal rich media once per month. It is painless,
affordable, and easy to use."
Consumer electronics vendors and Dot Coms are fueling
consumer adoption of personal rich media by creating products
and services that make it easy for consumers to create and share
their own multimedia content with a minimal commitment of time
and energy. Camera companies are producing digital cameras and
camcorders that make uploading images to PCs and Web sites quick
and easy. Sites are offering services like digitization of 35-mm
film, online photo storage, and tools that let consumers easily
create and share photo albums and slide shows.
In addition to new products and services, personal rich media
will take off because it does not require consumers to adopt
entirely new behaviors. Consumers will simply have a more
sophisticated way of creating, sharing, and communicating
personal content. Broadband's fast, always-on connection will
further facilitate the growth of personal rich media, as more
time will be spent creating content and less time will be wasted
waiting for uploads or for PCs to reboot. As broadband adoption
reaches 16 million households by 2002, consumers with high-speed
access will create and share video greeting cards and home video
productions.
"By 2005, video email or pointers to rich media content
will replace text messages as the main online communication
mechanism. Text-based email will seem as archaic as
black-and-white TV," added Schwartz.
As personal rich media becomes mainstream, sites will be
forced to diversify products and services. Sites will need to
accommodate consumers at every stage of their voyage -- from the
novice looking for predefined content to the expert seeking out
online tools. As consumers create greater volumes of personal
rich media, they will require asset management tools to rein in
their content as well as their increased need for digital
storage.
For the Report "Personal Rich Media Takes Off,"
Forrester drew upon 35 interviews with consumer electronics
vendors, software manufacturers, and Web sites, in addition to
Forrester's Technographics(R) data about consumers' online
usage.
Forrester Research is a leading independent research firm
that analyzes technology change and its impact on business,
consumers, and society. Forrester's "Whole View" of
the Internet economy enables clients to weave together Internet
commerce initiatives with corporate systems to satisfy
customers' changing needs. Clients receive continuous research
and analysis through Forrester's unique eResearch(TM) Reports,
an array of advisory services, and topical events. Established
in 1983, Forrester is headquartered in Cambridge, Mass.
Forrester's European Research Center is located in Amsterdam,
Netherlands, and its UK Research Centre is located in London.
Additional information about Forrester Research can be found
at