New industry report examines current and future market for OTT and TV Everywhere video services
New industry research from Parks Associates finds global OTT video service subscription revenues will increase from nearly $9 billion in 2014 to over $19 billion in 2019. Currently, 57% of U.S. broadband households subscribe to an OTT video service. Among European broadband households, 57% in the U.K., 29% in Spain, and 24% in Germany subscribe to an OTT service.
Cisco and Parks Associates to discuss emerging cloud-DVR market in industry webcast
Parks Associates research finds that 51% of pay-TV subscribers are very interested in having unlimited space to store DVR recordings, which indicates strong consumer demand for cloud-based DVR services. Currently, over 50% of U.S. broadband homes either include a DVR as part of their pay-TV subscription or have purchased one at retail. The research firm estimates the total number of cloud DVR ...read more
Emerging Power of IoT in Canada reveals adoption and usage trends among Canadian connected consumers
New Parks Associates research reveals 58% of Canadian broadband households have at least one connected CE device that allows online content to be accessed through a TV set, up from 48% in 2012. Nearly 40% have a gaming console connected to the Internet, 25% have a connected smart TV, and 14% have a connected streaming media device. ...read more
Research analysts highlight OTT and cloud DVR trends at upcoming industry events
Recent research from Parks Associates finds that 55% of U.S. broadband households subscribe to an OTT (over-the-top) video service, up from 44% in 2013. Subscriptions are highest among households with a younger head-of-household, with 72% among ages 18-24 and 71% among ages 25-34 having an OTT service subscription.
“Consumers in key demographics have adopted OTT services in large numbers, and now both ...read more
Parks Associates hosts OTT Super Session at 2015 NAB Show with CBS Interactive, Vubiquity, and Discovery Communications
Access and entertainment research from Parks Associates finds 57% of consumers in U.S. broadband households subscribe to an OTT (over-the-top) video service, such as Netflix or Hulu Plus. The research firm, which will participate at the NAB Show next week in Las Vegas, reports the average U.S. broadband household spends $9 per month on Internet video, up from $7 in ...read more