Industry Disruption

Industry disruption refers to significant changes in a market or sector caused by innovations, technologies, or new business models that challenge existing companies and practices. This often leads to the decline of established businesses and the rise of new players, as they meet evolving consumer needs more effectively. For example, the advent of streaming services disrupted traditional television and film industries by changing how audiences access and consume entertainment. Disruption can stimulate competition, drive improvements, and ultimately transform entire sectors.