Providing market intelligence for more than 35 years

MarketWatch

Can "The Avengers" Save 3D TV?

The record-breaking box office success of "The Avengers," in large part due to higher-priced 3D tickets, will increase consumer demand for access to 3D movies at home, according to analysts at Parks Associates. New research from the international firm shows U.S. 3D TV owners are satisfied with their TVs. A majority of them use their 3D TVs on a monthly basis, and 65% want access to more 3D movies.

Parks Associates recently released 3D TVs: Adoption, Use, and Purchase Intentions as part of its Connected CE and Platforms research service. The study includes a survey of over 600 3D TV owners and found 56% were "very satisfied" with their TV's 3D features. In addition to more 3D movies, 49% of consumers surveyed want more 3DTV program options, and 45% want more 3D games.

"People who have a 3D TV use it, like it, and want more content for it," said John Barrett, Director, Consumer Analytics, Parks Associates. The latest Parks Associates figures show just 6% of U.S. broadband households have a 3D TV. "Don't blame the technology. Prices are still too high, and the amount of content is still too low."

Barrett said expectations for 3D should be revised. "The industry needs to stop comparing 3D to HD. Consumers are never going to watch everything in 3D. They will watch the occasional program in 3D if the content is compelling, but 2D will always be the default."

Parks Associates will discuss 3D consumer research and other interactive technologies in the session "The Human TV Remote: Gesture and Voice Recognition" at CONNECTIONS(TM): The Digital Living Conference and Showcase, June 5-7, co-located with TIA 2012 in Dallas, Texas.

From the article, "Parks Associates: Can 'The Avengers' Save 3D TV?"

Previously In The News

Apple, Amazon attack cracks in TV’s armor

Market research firm Parks Associates even predicted a very slight gain in the number of pay-television subscribers in the U.S. this year to 103.1 million, up from 102.5 million in 2013. That said,...

Delivery Agent Powers the First Shoppable TV Commercial Bringing T-Commerce to Life at CES 2014

Delivery Agent will take the stage at the Parks Associates CONNECTIONS Summit on January 7th at 3:45pm PT at the LVCC North Hall, N264. Panelists will discuss emerging business models for connected...

Parks Associates Releases New Research for the Connected Home as North American Home Network Penetration Approaches 60% in 2013

Parks Associates announced today the release of four new reports focused on emerging trends in the connected home, including app development, digital health, mobile services, and connected applianc...

Connected Cars Driving Consumer M2M Market as Number of Subscribers With Embedded Vehicle Connectivity to Double in 2013-2016

Connected cars are a significant area for consumer-based M2M (machine-to-machine) growth, according to new research from Parks Associates, which projects by 2017, 17.6 million consumers will subscr...