Providing market intelligence for more than 35 years

Advanced Television

70m US homes will have smart TVs by 2017

According to Parks Associates research, there will be 175 million online video users in the US in 2013, rising to 191 million by 2017, at which time there will be nearly 70 million smart-TV households.

Parks Associates advertising research finds 25 per cent of smart-TV app users recall seeing an in-app ad and 84 per cent responded to that ad, the highest response rates to app advertising among current connected CE platforms.

“The TV is still the most-popular and most-used platform for video viewing – over 40 per cent of TV owners watch more than 10 hours of video per week on the device,” Heather Way, Senior Analyst at Parks Associates said. “The rise of OTT video viewing on smart TVs presents a new channel for content owners to sustain and grow their viewing audience, particularly in a marketplace that continually propagates fragmentation. The ability to leverage the mass reach of the first screen and its interactive components drives the scale and performance of a video asset.”

From the article, "70m US homes will have smart TVs by 2017."

Previously In The News

Entone extends home cloud solution with EnterLink

Entone, a provider of Hybrid TV and Connected Home solutions, is taking a leadership role in eliminating the need for new wires and set-top boxes in consumers’ homes with the introduction of its En...

50% of US broadband homes use OTT

Research from Parks Associates finds subscribers of OTT services spend more per month renting and buying video downloads than the average household, which contributes to the success of Amazon’s bus...

Mobile video driving TV apps usage

Research from Parks Associates shows mobile consumption of video is driving usage of TV apps, with 55 per cent of US smartphone owners and 61 per cent of tablet owners using a TV-related app at lea...

30% US broadband users watch video on mobile

Parks Associates research shows that nearly 30 per cent of US broadband users watch video on a mobile phone monthly, with the average user watching 1.7 hours of video on a mobile phone each week....