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Cord Cutters Are Cutting Back on Streaming Services As Americans Navigate Inflation

September 18, 2023

Over the last few years, monthly spending on streaming subscriptions has declined 25% from $90 in 2021 to $73 in 2023, according to data from Parks Associates. On the flip side, more households reported using free ad-supported services by the end of 2022 citing content and price as adoption drivers.

From the article, "Cord Cutters Are Cutting Back on Streaming Services As Americans Navigate Inflation" by Shelby Brown

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The majority of consumer electronics (CE) buyers, 71%, only consider one brand when shopping, according to new consumer research from Parks Associates. In some categories the numbers are even more ove...

Network Security: Hacking Fears Could Scare Consumers Away from Smart-Home Devices

The rising occurrence of high-profile security hacks and privacy breaches, as well as being personally victimized, are contributing to ever-increasing consumer anxiety about smart home devices and pla...

Study: 73% of Integrators Don’t Offer Cybersecurity Services

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16% of US Households Plan to Buy Standalone Smart Security Products

According to a recent Parks Associates report 360 Deep Dive: Pricing Strategies for Residential Security,16 percent of U.S. broadband households plan to buy a security-related smart home product, such...

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Cord Cutters Are Cutting Back on Streaming Services As Americans Navigate Inflation

Previously In The News

Most Consumer Electronics Buyers Consider Only One Brand

Network Security: Hacking Fears Could Scare Consumers Away from Smart-Home Devices

Study: 73% of Integrators Don’t Offer Cybersecurity Services

16% of US Households Plan to Buy Standalone Smart Security Products

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