Providing market intelligence for more than 35 years

Rapid TV News

More than quarter of US broadband homes own streaming device

Research from Parks Associates has revealed that 27% of US broadband households now own a streaming media device and nearly 90% have devices connected to the Internet.

The firm's Q1 2015 consumer survey also showed that more consumers bought a streaming media device than a Blu-ray player in the last 12 months and that these devices have the highest connection rate among the top CE categories. By comparison, just over three-quarters (77%) of the households with a smart TV and fewer than half of those with a Blu-ray player have those devices connected.

"The paradigm is changing, thanks to the growing amount of [online video] and over-the-top (OTT) content available to connected CE, which has allowed streaming media devices to carve out a key niche in the connected home," explained Barbara Kraus, director of research, Parks Associates. "With the popularity of content streaming, CE manufacturers must innovate to create unique user experiences."

From the article "More than quarter of US broadband homes own streaming device" by Joseph O'Halloran.

Previously In The News

Video services, pay-TV and OTT set for big change

Consumer viewership of online video has dramatically increased in the past few years, and this trend will continue in 2012, according to a research note from Parks Associates. Parks said that this...

Pain is in Spain as UK, Germany lead in Euro pay-TV

Pay-TV adoption in Germany and the UK has reached levels of penetration nearly double that found in other key markets, in particular Spain, according to data from Parks Associates. Revealing it...

TV users gravitate towards dedicated apps

In a move that could have profound ramifications for programming, more research has confirmed the trend that TV users are increasingly turning to dedicated apps to access TV channels. According...

CES 2014: 103MN US pay-TV households by end of 2014

The lure of the new in terms of functionality is to provide a spur to the US pay-TV market over the course of 2014 according to a new survey from Parks Associates presented at CES 2014. The ana...