Providing market intelligence for more than 35 years

Yahoo! Finance & News

One quarter of US homes will be streaming media via their TVs by 2015

In the first nine months of 2014 alone, 10% of American households with a broadband connection snapped up a set-top box or a media streaming stick -- that's equal to total sales of the devices in 2013.

The days of linear television viewing -- where consumers accept what broadcasters have scheduled and when -- are quickly drawing to a close. "Nearly 50% of video content that U.S. consumers watch on a TV set is non-linear, up from 38% in 2010, and it is already the majority for people 18-44," said Barbara Kraus, Director, Research, Parks Associates.

The business intelligence firm's latest data shows that increased affordability is also playing a role in this changing consumer behavior. Google's Chromecast, priced at $35, has this year become the second most popular device for streaming, accounting for 20% of sales, nudging Apple TV into third place. Amazon debuted its first set-top box media streamer, the Fire TV, in April 2014 and it is also proving very popular, already accounting for 10% of sales.

From the article "One quarter of US homes will be streaming media via their TVs by 2015."

Previously In The News

Report: Apple is developing smart home devices

For example, research by Parks Associates published in June shows that 43 percent of US homes with a broadband internet connection are already willing to invest in a smart home package if it offers...

Roku 3 tops Amazon Fire TV, Apple TV, and Chromecast in streaming player shootout

If you don't have an Internet-connected TV, or the one you have isn't able to access some services you'd like to use, you may be considering a stand-alone streaming media player. That's no surprise...

Apple Unveils Watch, Bigger-Screen IPhones in Product Blitz

According to Parks Associates, 2.8 million so-called smart watches were sold last year, along with another 13.6 million fitness tracking devices. From the article "Apple Unveils Watch, Bigger-S...

Apple could offer loyalty rewards for mobile payments

“It’s a technique worth trying,” says Jennifer Kent, a senior analyst at market researcher Parks Associates. “Mobile payments have had a difficult time getting traction with consumers.” A possi...