Providing market intelligence for more than 35 years

In The News

Report: Chromecast surpasses Apple TV in the video streaming market

The popularity of Google’s Chromecast stick shows no indication of declining , and as the number of countries the device is available in continues to grow, more and more consumers are starting to take notice of what this little device is capable of. So many in fact, that a new report by The Wall Street Journal indicates that the Chromecast has surpassed Apple TV all together in video streaming, to become the second most popular streaming device in the United States.

Market research company Parks Associates was responsible for the actual survey, which covered a span of 10,000 homes in the United States. Each home in the survey had a broadband internet connection, with the survey discovering that 10% bought a streaming stick between January and October of 2014. Chromecast came in at second place with 20% of streaming devices sold, with Roku taking the number one slot at 29%. When compared to the same survey taken for the first 10 months of 2013, it’s clear to see that Google’s device has eaten some market share, as Roku at that time came in first at 46% and Apple TV second with 26%.

The 2014 survey also shows that the Amazon Fire TV stick is already off to a respectable start, a month after its debut, coming in fourth place with 10%.

From the article "Report: Chromecast surpasses Apple TV in the video streaming market" by Eric McBride.

Previously In The News

How insurers are using smart-home technology

A growing number of insurers are following suit, partnering with smart-home technology companies to prevent and manage claims while also enhancing their value proposition, says Jennifer Kent, vice pre...

EVs Need Long-Term Love to Live Up to Their Engineering

A new survey from Parks Associates finds that “Inflation and interest rates are up, and consumers perceive electric vehicles as expensive, challenging to charge outside the home, and limited in range....

Save Money While Staying Connected. Here Are 8 Ways to Lower Your Internet Bill

For many Americans, the average cost of home internet is $63 a month, which might seem like a good deal. However, according to Parks Associates data from 2022, US households spend an average of $116 a...

Everyone's watching free TV

"Consumers are spending less, but rather than go without, many are using ad-based alternatives to save on costs," Sarah Lee, research analyst at Parks Associates, said in a report. Recent research...