Summary
Emarketer, a market research company, has identified 8 trends to watch for 2023. According to the report, consumer habits are changing, and Generation Z is playing a significant role in this shift. Gen Zers have a shorter attention span, tend to make purchasing decisions based on social influence and have less brand loyalty than previous generations. These changes are expected to drive significant evolution in several industries, particularly in financial services, advertising, and social media. As Gen Z's spending power continues to grow, these trends will become increasingly important for businesses to understand and adapt to.
Region:
Global
Published:
January 2023
Author(s):
Insider Intelligence & Emarketer
Language:
English