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

Online Viewing Has An Off-Ramp Problem

God bless early adopters. They pay the huge prices for items the rest of us aren’t so sure we need or want. The color TV! PCs and iPads. Cell phones the size of a loaf of bread! Their early confide...

Amazon to Ban Sale of Apple TV, Google Chromecast Streaming Devices

Amazon, Apple, Google and Roku devices made up 86% of all media-streaming products sold to U.S. households with broadband in 2014, according to an August report by Parks Associates. An estimated 86...

Pay TV Dilemma: Cord-Snippers, -Shavers, -Nevers

The rise of cord-nevers is a real threat to the pay-TV industry, but the number of cord-cutters is growing, too. Similar findings from two research firms illuminate the changing nature of consu...

Roku Benefits From Streaming's Rise

More than a fifth (21%) of U.S. broadband households with a connected electronics device are using it for streaming media, up from 12% last year. Moreover, usage of connected gaming consoles and DV...