Report: Nearly 40% of US Broadband Homes Own Streaming Media Player
DALLAS -- Parks Associates announced new research today showing that ownership of streaming media players has risen from about six percent of US broadband households in 2010 to almost 40% at the beginning of 2018. Parks Associates' consumer data indicates that Amazon's share of streaming media players owned in U.S. broadband households has increased by 4% since last year, taking some of Google's share of the installed base. Roku's share has held steady at 37% for the past year.
"Since their inception about a decade ago, consumers have purchased streaming media players due to their modern and friendly user-interfaces, wide app support, and low cost, making them easier to upgrade and replace than a television set," said Kristen Hanich, Research Analyst, Parks Associates. "In terms of usability, consumers score Roku, Apple TV, and Amazon's Fire TV highly. When ranking these devices, Roku leads in multiple usability categories, while the Apple TV leads in terms of gaming and the ability to purchase content. Amazon's Fire TV has moved up to second place in the ease-of-setup category and is close to the Apple TV's score in several more, including ease of finding something to watch and ease of purchasing content, which could account in part for its growing market share."
While adoption of streaming media players is close to 40%, more than half of US broadband households own a smart TV. The IoT research firm notes ease-of-use is the most important factor to consumers when it comes to choosing which entertainment device to use, and these two devices are competing directly in terms of usage, while usage of gaming consoles for video has declined.
Parks Associates' new research in this area includes:
• Digital Living Forecasts: Streaming Media Players • Industry report: Smart TVs vs. Streaming Media Players: Winning Over Consumers • 360 Deep Dive: Streaming Device Use and Setup in the Connected Home The research highlights key data specific to smart TVs and streaming media players including: • More than 70% of streaming media player (SMP) owners use their devices at least once per week, compared to 59% of smart TV owners. • 44% of SMP owners use their device daily as compared to 37% of smart TV owners. • Almost 50% of smart TV owners also own a streaming media player. • Between 2015 and 2017, flat-panel purchases including 4K/Ultra HD technology rose from 14% to 30% among U.S. broadband households.
"Smart TVs earned the highest Net Promoter Score (NPS) among consumers out of all the CE products Parks Associates tested, but streaming media players still have higher usage rates, indicating these devices have firmly established their role in their ability to connect users with content quickly and easily," Hanich said.