Providing market intelligence for more than 35 years

Rapid TV News

Quarter of US broadband households own streaming media device

The connected home is increasingly becoming smarter and a hub for wireless video according to research from Parks Associates.

RokuSeagateIn its report, Parks found that ownership and usage of connected devices is growing among US broadband households, with 26% owning a streaming media device, 34% owning a smart TV and 16% possessing a smart home device. The data also showed that just over half (55%) of broadband households subscribe to a subscription over-the-top (OTT) video service, up from 44% in 2013, and that more than three-quarters of streaming media player owners have an OTT subscription.

Moreover, the research calculated that 37% of such households intend to buy one or more smart devices in 2015 and that the average household spends over $6 per month on subscription video services such as Hulu, Amazon and Netflix.

From the article "Quarter of US broadband households own streaming media device."

Previously In The News

DLNA doubles AV certifications

According to Parks Associates, more than 60% of home audio products are expected to come with embedded network capabilities by 2016. The same report also revealed that more than 90 million AV units...

TelcoTV: U.S. IPTV set for double-digit growth as cable stalls

New research from Parks Associates to be unveiled at teh upcoming TelcoTV event shows that U.S. telcos are successfully leveraging their fiber-based broadband offerings and IPTV to woo pay-TV subsc...

Two-thirds of pay-TV subs have access to multiscreen services

Western European multiscreen operator-provided growth has led to an 80% increase in coverage and given 66% of pay-TV subscribers in the region access to these services. These findings, at the h...

Rocketing residential router and gateway market to reach 120 million units by 2017

New research from Parks Associates has revealed that broadband providers worldwide will deploy 39 million high-end, feature-rich residential gateways in 2012, with over 20 million in Western Europe...