Market Research Report
Generation Hashtag - Thematic Research
|Published by||GlobalData||Product code||907761|
|Published||Content info||48 Pages
Delivery time: 1-2 business days
|Generation Hashtag - Thematic Research|
|Published: August 6, 2019||Content info: 48 Pages||
Anyone born between 1991 and 2005 is a member of Generation Hashtag. This demographic, which incorporates both younger Millennials and older members of Generation Z, cannot countenance a world without the internet or smartphones, and their priorities and preferences are reshaping the corporate world.
At a rough estimate, Generation Hashtag makes up one-quarter of the world's population and its influence will only increase over the next decade, as its members continue to enter the workforce. This new breed of consumers demands a personalized, convenient, omnichannel experience, and companies must adapt or risk becoming obsolete.
Generation Hashtag has already been instrumental in the rise to prominence of companies like Netflix, Uber, and Airbnb. These firms disrupted well-established markets by appealing directly to young, tech-savvy consumers and have now established themselves as market leaders. Others will follow in their footsteps as spending power shifts decisively from Millennials to Generation Hashtag.