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

It’s a post-HDTV world: 4K set to hit mainstream by 2016

4K TVs are set to follow a similar, but faster, growth pattern to HDTVs, which have reached 82% of US broadband households after 15 years on the market, according to research by Parks Associates. I...

TV Connect 2014: Consumer quality expectations high regardless of platform

TV users are demanding exacting standards from the services they pay for, no matter how it is delivered, according to research from Parks Associates. Unveiling the research at TV Connect 2014,...

MWC 2014: 30% of US broadband users watch mobile video monthly

As Mobile World Congress 2014 continues to unveil the latest in devices capable of supporting video experiences, research from Parks Associates has shown that almost three-tenths of US broadband us...

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...