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

Marketers: Time To Go 'Over The Top' With Video?

New investments in OTT and recent consolidations in the space seem to show that OTT technology is here to stay. In fact, new research from Parks Associates here shows that OTT video adoption is inc...

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...

Chromecast Popular, Not Often Used

Easy to use and relatively inexpensive, Google’s Chromecast streaming media device caught on quickly with consumers, but it doesn’t hold much staying power when it comes to consistent usage. Ac...

Chromecast, Cheap, Efficient And Now Challenged

So, from what it appears, or at least as it’s written, the early adoption of Chromecast by American consumers has now cooled significantly, or at least that’s the word from Parks Associates in a wi...