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July 24, 2018

More than 40% of streaming media player owners use their device daily or almost daily to access online content

IoT research firm examines how consumers use streaming devices to access video content

Parks Associates announced new research today showing streaming media players are the most frequently used Internet-connected entertainment device, with 41% of owners using their players daily or almost daily. Only 34% of smart TV or smart PVR/DVR owners use these devices daily. The firm’s 360 Deep Dive: Streaming Device Use and Setup in the Connected Home shows that among consumers who say their streaming media player is their preferred device for accessing online content, they report spending 10.4 hours per week watching online video content on this device.

“The smart TV is the most commonly used Internet-connected entertainment device, and it is the device most commonly associated with pay-TV services, but when looking specifically at device owners, consumers are spending more time online with their streaming media players,” said Kristen Hanich, Research Analyst, Parks Associates. “Sixty percent of households that have at least one internet-connected entertainment device own multiple devices – their viewing habits often vary by device as well as by room, with some devices and rooms over-indexing in terms of content type watched.”

Daily/Almost Daily Usage of Device to Access Online Content

The new research by Parks Associates shows that owners of smart TVs spend 9.8 hours per week watching pay-TV content and streaming media player owners watch content from online services 10.4 hours per week.

Parks Associates will discuss the online video and OTT markets at the upcoming conference Future of Video: OTT, Pay TV, and Digital Media December 10-12 at the Marina del Rey Marriott in California. The conference’s advisory board includes executives from 605, Amazon, BAMTech, Charter, Combs Enterprises/Revolt Entertainment, Discovery, Ericsson Media Solutions, FOX, Google, Hulu, LG Electronics / LG Technology Center of America, Roku, TiVo, Viacom International, and WWE - World Wrestling Entertainment.

360 Deep Dive: Streaming Device Use and Setup in the Connected Home examines the connections among streaming devices in the home and how consumers use these devices to access content. Additional data from the research reveals:

  • While almost half of U.S. broadband households own a gaming console, only 37% of households actually connect that device to the internet.
  • 44% of U.S. broadband households connect a smart TV to the internet, while 53% of households own this product.
  • Over 34% of streaming media player owners now own an Amazon Fire TV, up from 28% in Q1 2017.

 

Additional Parks Associates research in this area includes:

For more information about Parks Associates’ research, contact sales@parksassociates.com. To schedule an interview with an analyst or to request specific data, contact Julia Homier at julia.homier@parksassociates.com, 972-996-0214.

The deadline for speaker submissions is August 1 and may be submitted here. To request an interview or data, contact Julia Homier, julia.homier@parksassociates.com, 972-996-0214.

About Future of Video: OTT, Pay TV, and Digital Media

Future of Video: OTT, Pay TV, and Digital Media brings together senior leaders to share insights on new trends in the video and connected entertainment industries, with insights on consumer adoption, churn, and spending. The event provides insight into successful OTT strategy deployments, challenges for pay-TV providers, the role of connected CE in the growth of video viewing, new content formats, and the overall impact to the video market.

Future of Video addresses new strategies for cableco, OTT, and mobile service providers to provide high-quality customer service, retain subscribers and attract new customers, and design bundled options through new distribution strategies.

Future of Video takes place virtually on February 10, March 31, May 5, July 21, and September 10, 2022, with an in-person conference on December 12-14, 2022. For more information, visit www.futureofvideo.us. Register Now.