Providing market intelligence for more than 35 years

In The News

Streaming Media Device Use In Broadband Homes Hits 20%

Although initially a hot seller, Google Chromecast usage has cooled somewhat -- partly because of a hotly competitive market overall for Internet-connected TV devices.

Parks Associates says new streaming media devices have grown in usage to nearly 20% of U.S. broadband homes in the first quarter of 2014 -- up from 14% in 2012. Homes that own a Chromecast dongle -- which attaches to the back of TV sets -- are at 6%.

Research says Chromecast owners who use the device at least monthly to view Web pages on a TV declined to 57% in the first quarter of 2014 from 76% in the third quarter of 2013. But the percentage of those Chromecast owners who use the device at least monthly to watch online video is still relatively high -- dropping only slightly to 73% from 78%.

John Barrett, director of consumer analytics, Parks Associates, stated: "Streaming media players, thanks to their ease-of-use, trail only game consoles and smart TVs as the most frequently used streaming media device in the home. By contrast, only about 22% of Chromecast owners say it is the most frequently used streaming device in their home.”

Parks Associates also says overall smart-TV adoption -- from all devices including TV sets -- has climbed to over one-third of all U.S. broadband homes.

The first-quarter 2014 data comes from a consumer survey of 10,000 U.S. broadband households.

From the article, "Streaming Media Device Use In Broadband Homes Hits 20%" by Wayne Friedman.

Previously In The News

Electric superbike rolls out to everyday street drivers

The Lightning Motorcycle isn't the first high-performance electric drive vehicle either. Tesla got its start outfitting Lotus Elise sports cars with specialized electric motors. And much like Tesla...

Roku hits 10 million sales milestone

Roku, however, often refers to research that indicates its boxes are used more than rivals' if they're not sold more than them. Roku noted an study conducted on its that behalf by researcher NPD th...

Will Roku bring smart TVs into the cool crowd?

The flood of new competitors in the streaming-media device race -- joining stalwarts Roku and Apple TV have been the $35 Chromecast from Google and the high-end Fire TV box from Amazon -- underscor...

Chromecast at year 1: Why it's more than just an impulse buy (Q&A)

The Chromecast wasn't the first wireless streaming-media dongle to come along -- Roku had one long before -- but the $35 price and the initial offer of three months of free Netflix sparked a flurry...