Thursday, May 31, 2018

Nearly 40% of U.S. broadband households own a streaming media player

Amazon increases share of streaming media players, while Roku maintains its lead

Parks Associates announced new research today showing that ownership of streaming media players has risen from about six percent of U.S. broadband households in 2010 to almost 40% at the beginning of 2018. Parks Associates’ consumer data indicates that Amazon’s share of streaming media players owned in U.S. broadband households has increased by 4% since last year, taking some of Google’s share of the installed base. Roku’s share has held steady at 37% for the past year.

Streaming Media Player: Brand Share by Installed Base | Parks Associates

 “Since their inception about a decade ago, consumers have purchased streaming media players due to their modern and friendly user-interfaces, wide app support, and low cost, making them easier to upgrade and replace than a television set,” said Kristen Hanich, Research Analyst, Parks Associates. “In terms of usability, consumers score Roku, Apple TV, and Amazon’s Fire TV highly. When ranking these devices, Roku leads in multiple usability categories, while the Apple TV leads in terms of gaming and the ability to purchase content. Amazon’s Fire TV has moved up to second place in the ease-of-setup category and is close to the Apple TV’s score in several more, including ease of finding something to watch and ease of purchasing content, which could account in part for its growing market share.”

While adoption of streaming media players is close to 40%, more than half of U.S. broadband households own a smart TV. The IoT research firm notes ease-of-use is the most important factor to consumers when it comes to choosing which entertainment device to use, and these two devices are competing directly in terms of usage, while usage of gaming consoles for video has declined.

 Streaming Media Player Ownership | Parks Associates 

Parks Associates’ new research in this area includes:

The research highlights key data specific to smart TVs and streaming media players including:

  • More than 70% of streaming media player (SMP) owners use their devices at least once per week, compared to 59% of smart TV owners.
  • 44% of SMP owners use their device daily as compared to 37% of smart TV owners.
  • Almost 50% of smart TV owners also own a streaming media player.
  • Between 2015 and 2017, flat-panel purchases including 4K/Ultra HD technology rose from 14% to 30% among U.S. broadband households.
     

“Smart TVs earned the highest Net Promoter Score (NPS) among consumers out of all the CE products Parks Associates tested, but streaming media players still have higher usage rates, indicating these devices have firmly established their role in their ability to connect users with content quickly and easily,” Hanich said.

For more information about Parks Associates’ research, contact sales@parksassociates.com. To schedule an interview with an analyst or to request specific data, contact Julia Homier at julia.homier@parksassociates.com, 972-996-0214.

About Parks Associates: Parks Associates is an internationally recognized market research and consulting company specializing in emerging consumer technology products and services. Founded in 1986, Parks Associates creates research capital for companies ranging from Fortune 500 to small start-ups through market reports, primary studies, consumer research, custom research, workshops, executive conferences, and annual service subscriptions.

The company's expertise includes the Internet of Things (IoT), digital media and platforms, entertainment and gaming, home networks, Internet and television services, digital health, mobile applications and services, support services, consumer apps, advanced advertising, consumer electronics, energy management, and home control systems and security.

Each year, Parks Associates hosts industry webcasts, the CONNECTIONS™ Conference Series, Smart Energy Summit: Engaging the Consumer, Connected Health Summit: Engaging Consumers, and Future of Video: OTT, Pay TV, and Digital Media.

http://www.parksassociates.com

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