Providing market intelligence for more than 35 years

In The News

Novelty Of New Will Spur Holiday CE Purchases

Based on previous purchase patterns this year, consumers are likely to give smartwatches and streaming media sticks as presents this year, according to research company Parks Associates. Among the connected consumer electronics devices acquired in 2014, 37% of smartwatches and 25% of streaming media devices were given as gifts.

In the streaming media category, the emergence of streaming media sticks, such as Google’s Chromecast and Roku’s HDMI streaming stick (along with Amazon’s Fire TV stick, which won’t be available until January), could goose the category. In particular, the Roku stick, which has the same functionality as its Roku 3 player, could really capture consumers’ attention.

“When you compare streaming media devices, [streaming sticks] make great stocking stuffers,” Barbara Kraus, Parks’ director of research, tells Marketing Daily.

Meanwhile, when it comes to smartwatches, the Apple Watch (previewed at an October event, but not yet available), ignited interest in the category, Kraus says. While it's likely that Apple loyalists will wait until the watch is released before purchasing a smartwatch, many other consumers will be looking for other brand smartwatches this holiday season.  

From the article "Novelty Of New Will Spur Holiday CE Purchases" by Aaron Baar.

Previously In The News

The Universal Problem With TV Everywhere

"I've had conversations with DirecTV, who said they are reluctant to spend money marketing a free service," said Brett Sappington, director-research at Parks Associates, a market-research and consu...

Roku Benefits From Streaming's Rise

More than a fifth (21%) of U.S. broadband households with a connected electronics device are using it for streaming media, up from 12% last year. Moreover, usage of connected gaming consoles and DV...

Honeywell and Lowe's to keynote Smart Energy Summit: Engaging the Consumer

Parks Associates today announced Jeremy Eaton, VP & GM, Honeywell Smart Grid Solutions, Honeywell, and Kevin Meagher, VP, GM, Smart Home, Lowe's Companies, Inc., will deliver keynotes at the upcomi...

Dish, Whirlpool Partner With Amazon Devices

Today, 40% of smartphone owners already use digital assistants, according to a recent survey conducted by Parks Associates. Millennials are most likely to partake (46%), but -- as the technology co...