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PRESS RELEASE

15 FEB 2007

 

ContactPRESSROOM | PRESS RELEASE ARCHIVE  2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998

U.S. Residential Broadband Penetration to Exceed 50% in 2007

High-speed Internet growth in U.S. homes exceeded 20% in 2006, a bellwether for future growth in other digital lifestyles services

Residential subscriptions to broadband Internet services surged 20% in 2006 to exceed 50 million U.S. households, according to Digital Lifestyles: 2007 Outlook, a new study from Parks Associates. The report estimates U.S. residential broadband subscriptions will surpass 60 million households by year-end 2007, accounting for 55% of all U.S. households.

“The foundations of digital lifestyle applications and products are built on access services, including broadband Internet and television,” said Kurt Scherf, vice president and principal analyst with Parks Associates. “With the penetration of high-speed Internet exceeding 50% in 2007, we’re also witnessing shifts in the way companies are positioning their communications, entertainment, and information services as home technology solutions.”

Digital Lifestyles: 2007 Outlook reveals providers are delivering both broadband and television services with greater emphasis on the value-added services they enable, rather than just the services themselves. The report also finds that, in recent years, service providers have been partnering more closely with equipment vendors to strengthen the linkages between digital lifestyle services and the end-user products that enable them, including set-top boxes, home computers, home networks, gaming consoles, and other fixed and portable consumer electronics devices.

“With the demarcation points in access services migrating closer to the customers, service providers can provide much more in the way of personalized and enhanced communications, entertainment, and information services,” Scherf said. “A key trend is the tightening of the value chains that enable end-to-end and seamless services. These stronger linkages will lead to greater choice and convenience in the ways customers interact with digital lifestyle amenities.”

Digital Lifestyles: 2007 Outlook provides analysis and forecasts for a variety of digital lifestyle product categories, including broadband Internet, television services, digital content services (music, gaming, and video), and products (home networks and consumer electronics). For more information about Digital Lifestyles: 2007 Outlook, contact Parks Associates at 972-490-1113 or sales@parksassociates.com or visit http://www.parksassociates.com.

For more market research data, visit Parks Associates’ Fast Facts site http://www.parksassociates.com/fastfacts.

About Parks Associates: Parks Associates is an internationally recognized market research and consulting company specializing in emerging consumer technology products and services. Founded in 1986, Parks Associates creates research capital for companies ranging from Fortune 500 to small start-ups through market reports, primary studies, consumer research, custom research, workshops, executive conferences, and annual service subscriptions.

The company's expertise includes new media, digital entertainment and gaming, home networks, Internet and television services, digital health, mobile applications and services, consumer electronics, and home control systems and security.

Each year, Parks Associates co-hosts executive thought leadership conferences CONNECTIONS™ and CONNECTIONS™ Europe in partnership with the Consumer Electronics Association (CEA®). In addition, Parks Associates produces the online publication Industry Insights in conjunction with the CONNECTIONS™ Conference series.

http://www.parksassociates.com | http://www.connectionsconference.com | http://www.connectionseurope.com | http://www.connectionsindustryinsights.com

 

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