Massive shifts are underway in content creation and tools for the creation, monetization, and moderation of that content. By 2027, there will be 100X more visual content online, a major evolution of our digital identities, and exponential business opportunities.
The internet was not always considered “real life”, but now we live as much online as we do in person and this will only continue post-pandemic. We work, date, laugh with grandparents, play games, attend cooking classes, concerts, church services & dinner parties; we participate in politics, appear at court, go to school, shop, visit doctors - all via computer screens.
We find ourselves in the midst of an evolution: digital is another dimension of our human existence. Even post-lockdown, people spend 13 hrs of their day online, on average. As we embrace digital life, it is only natural that we choose to represent and express ourselves in new ways online. We want to digitally express our thoughts, tastes, styles, talents…our creativity.
To showcase our personality and uniqueness online in the same ways we do in person, we are participating more than ever before by generating content. There are millions of creators across the globe, producing, selling and building audiences around the content they create. Dubbed the “Creator Economy,” it is one of the fastest-growing business trends taking over headlines.
However, there has always been a creator ecosystem including photographers, videographers, writers and artists. Our General Partner was a professional photographer, photo editor and photo agent in the early 1990s. In 2004, he wrote an article “Will more than 100 Billion digital images be captured worldwide by 2005” and all thought he was crazy.
Due to shifts in online participation and technological advances, over the next five years, the amount of content created and shared will grow exponentially. The vast majority will be visual content.
Breakthroughs in visual tech tools are fueling the next evolution of content creation. The creative economy that has existed for generations, primarily dealing with physical goods (pottery, jewelry, paintings, photos, etc), is now digital. In this report, we examine the top visual tech trends that are now reshaping digital creation and identify the unique business opportunities to support creation over the next five years:
Automated animation;
Programmable video;
Virtual production;
3D & 4D content;
Livestreaming;
Gaming;
the Metaverse;
Camera-based motion capture;
Automated content moderation;
Generative Adversarial Networks (GANs);
Non-Fungible Tokens (NFTs);
And more…
Our team presented the findings we published in this report at our free, virtual event, “How Visual Tech is Fueling the Creator Economy” in September 2021. We look forward to hearing your insights, learning about your startups, and reading your research papers on how businesses are addressing these challenges and opportunities.
Information in this report can be referenced and quoted with a hyperlink to this page and credit ©LDV Capital.
Authors:
Evan Nisselson, General Partner
Kat Lopez, Director of Content & Marketing
Abigail Hunter-Syed, Former Partner
Azeem Khan, Former Venture Fellow
Special thanks go out to the following individuals for sharing their insights and expertise with LDV Capital for the research behind this report:
Roy Azoulay, Founder and CEO at Serelay
Matthew Ball, Managing Partner at Epyllion
Jakob Balslev, Founder & CEO at Rokoko
Richard Broadbridge, Founder & CEO at 4DViews
Chris Chaney, Managing Partner at C4+
Kate Bradley Chernis, Founder and CEO at Lately
Cheeseaholic, a YouTuber
Brent Chow, Lead Product Manager at BCG Digital Ventures
Alban Denoyel, Co-Founder at Sketchfab
Ilke Demir, Sr. Staff Research Scientist at Intel Corporation
James George, Co-Founder & CEO at Scatter
Mitchell Bayer-Goldman, Co-Founder and COO at Volta
Niles Heron, Co-Founder at Loaded.GG
Jon Jordan, Editor at Large at Beyond Games
Alex Kane, Co-Founder and CEO at Volta
Dave Laing, Global Creative Director at Scotiabank
Yan Liu, Co-Founder & CEO at TVision Insights
Hayes Mackaman, Founder & CEO at 8i
Om Malik, Entrepreneur, Writer, Investor
Jeffrey McGregor, CEO at TruePic
Rafael Pagés, Founder & CEO at Volograms
Rebecca Paoletti, Co-Founder & CEO at CakeWorks
Dr. Helen Papagiannis, Author of “Augmented Human: How Technology Is Shaping The New Reality”
Andy Parsons, Director of Content Authenticity Initiative at Adobe
Ken Perlin, Founder and Director of Future Reality Lab at NYU
Vince Pizzica, Board Advisor, Investor, and Former Technicolor Executive
Konstantinos Rematas, Research Scientist at Google
Andrew Rabinovich, Co-Founder & CTO at Headroom
Heather Raikes, Founder and Director at Neopoetics
Alfredo Ramos, SVP of Platform and Marketing at Clarifai
Victor Riparbelli, Co-Founder and CEO at Synthesia
Edward Saatchi, Co-Founder and CEO at Fable Studio
Neha Singh, Founder and CEO at ObsessAR
Dave Smiddy, Former Head of Product at Intel Studios
Roy Taylor, CEO at Ryff
Vaibhav Vavilala, Computer vision expert, Former Technical Director of Pixar
Peter Welinder, VP of Product & Partnerships at Open AI
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