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

Some New Data Emphasizes The Drift To OTT Viewing

Parks Associates today said the amount of online video seen via a TV screen went up to 3 hours per week in the first quarter of this year, up from 2.3 hours in the same quarter in 2013. Matching up...

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...

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...