The worldwide growth of the creator economy in the past few years, has come on the back of the internet’s increasing penetration, falling data rates and the rise of social media platforms.
However, it is COVID-19 that has accelerated the creator economy’s growth by giving a further push to digital consumption and purchasing habits.
“During the pandemic, more creators joined social media platforms generating content and a large number of people sitting at home experimented with new content fuelling creative economy growth,” Suryahti Abdul Latiff, director of media capabilities development at Singapore’s Infocomm Media Development Authority,...