hometechnology NewsShorter shorts, AR frenzy, regional content to rule wild wild 'verse' in 2023

Shorter shorts, AR frenzy, regional content to rule wild wild 'verse' in 2023

According to INCA-e4m Influencer Marketing Report 2022 India’s influencer market is valued at Rs 1247 crore in 2022. This is a massive 42 percent increase from over Rs 900 crore in 2021 and  is set to reach Rs 2,800 crore by 2026. Read what are the experts are anticipating in the thrill-a-minute social media space in 2023.

By Nishtha Pandey  Mar 14, 2023 1:43:56 AM IST (Updated)

5 Min Read

The year 2022 saw a surge of creators dominating social media trends in the marketing and advertising arena through the short video platform content, meme marketing, pop culture references and use of technology — with augmented reality (AR) making its presence felt. These trends are set to dominate on a larger scale in 2023.

“2022 witnessed deeper penetration of technology in the realm of content. Driven by algorithms, and analytics, personalisation based on the metrics, AI-powered content creation made significant impact. Virtual influencers and content for the ‘Verse’ came alive and kicking. Brands and marketers experimented with these new creative playgrounds which were welcomed with growing curiosity, intrigue and excitement,” said Aashutosh Katre, Director, Yellow Seed.

There has been a tremendous expansion in the Indian influencer market in 2022. According to INCA-e4m Influencer Marketing Report 2022, India’s influencer market is valued at Rs 1,247 crore in 2022. This is a massive 42 percent increase from over Rs 900 crore in 2021 and  is set to reach Rs 2,800 crore by 2026.