Register

I agree with the Privacy Policy

CE Pro

Latest Industry Stats in Audio, Video and Homebuilding

May 05, 2015

Just as streaming media is affecting the consumption of music, media such as over-the-top (OTT) video are gaining popularity in American homes, according to statistics announced by Parks Associates.

Parks’ latest data finds 55 percent of U.S. broadband homes subscribe to OTT video services. This percentage is up from 44 percent in 2013, and these numbers are higher with younger heads of households, Parks says.

“Consumers in key demographics have adopted OTT services in large numbers, and now both content companies and service providers need to develop the technologies and solutions to deliver high-quality video experiences to these subscribers,” states Glenn Hower, research analyst at Parks Associates.

In regard to OTT, Parks says subscriptions levels with ages 18-to-24 are 72 percent, and 25-to-34-year-olds almost match those numbers at 71 percent.

From the article "Latest Industry Stats in Audio, Video and Homebuilding" by Robert Archer.

Previously In The News

More on ADT’s New LG Smart Camera: Is Zonoff the New Home Automation Partner?

Alarm.com, which is sold through hundreds or thousands of independent dealers, is up to about 1.5 million subscribers right now. Total guess, but maybe Icontrol has around 2.5 million subscribers i...

Study: 40% of Wireless Home Networks Experience Problems

More than one-half of respondents experiencing wireless network problems would be “very comfortable” using a wired solution to improve the performance of their network. Specifically, 58 percent of...

Alarm.com IPO: How Many Home Automation Customers vs. Icontrol?

Alarm.com does not have 50 percent more subscribers than Icontrol. (UPDATE: Noted research firm Parks Associates, which contributed some data to the Alarm.com reports, believes the 50% figure to be...

Bring Back the Smart Residential Gateway for Home Automation Success

Internet providers and black-box makers have all the faculties to create a better support scheme, but there really is a serious disconnect. Comcast broadband doesn’t communicate with Xfinity Ho...

‹
1
2
3
4
5
6
›