SOURCE: Parks Associates

Parks Associates

April 21, 2016 09:00 ET

Parks Associates: More Than 70% of U.S. Broadband Households Use Samsung, Vizio, LG, Sony, and Panasonic as Their Primary Flat-Panel TV

Average Viewership on a Television Screen Has Remained Steady at Around 20 Hours per Week

DALLAS, TX--(Marketwired - Apr 21, 2016) - New research from Parks Associates shows consolidation in the TV market, with more than 70% of U.S. broadband households using one of five brands -- Samsung, Vizio, LG, Sony, and Panasonic -- as their primary flat-panel TV. The research firm has released new consumer and industry research, including monetization strategies and trend analysis, on content services, OTT video and TV Everywhere services, and personalization services in entertainment.

"Average weekly consumption of video has increased among U.S. broadband consumers from 23.2 hours in 2010 to 28.8 hours at the end of 2015. Despite concerns that alternative screens would cannibalize TV viewership, average viewership on a television screen has remained steady at around 20 hours per week," said Glenn Hower, Research Analyst, Parks Associates. "Consumers have instead turned to alternative screens such as smartphones and tablets for viewing that supplements what they watch on the big screen."

Recently released industry reports include:

  • Context is King: Monetizing Consumer Data for Commerce examines the role of consumer data in mobile marketing and advertising and highlights the best practices of mobile marketing. It updates the five-year forecasts for U.S. mobile advertising and mobile commerce revenues.
  • Tracking Eyeballs: Video Analytics and Measurement evaluates current tools for audience metrics in digital video, identifies key players in the audience measurement services industry, and assesses the future for digital video advertising and audience measurement.
  • OTT Video and TV Everywhere: Competition and Success examines the ongoing evolution of OTT video services, pay-TV services, and the video content ecosystem. In addition to global trends, success factors, and inhibitors, this report also assesses the future for the industry.

Recently released consumer research includes:

  • Pay TV and the Spanish Language Household analyzes the video consumption habits of bilingual Spanish-English households in the U.S., an increasingly important demographic segment. This analysis sheds new light on this unique consumer group, their adoption of technology and services, and their affinity for entertainment offerings.
  • Subscriptions and Churn in OTT Video Services analyzes the current subscription OTT video market in the U.S. as established players attempt to maintain market share and new players seek to gain customers. This analysis identifies methods of acquisition for customers, measures decision factors influencing subscription cancellation, and provides demographic analysis on cancellation decisions.

Parks Associates will address the connected entertainment ecosystem, including research on digital media, content strategies, pay-TV and OTT services, and connected CE, at the 20th-annual CONNECTIONS™ Conference, May 24-26, in San Francisco. 

For more information about Parks Associates research contact sales@parksassociates.com. To schedule an interview with an analyst, contact Holly Sprague at hsprague@gmail.com.

About Parks Associates
Parks Associates is an internationally recognized market research and consulting company specializing in emerging consumer technology products and services. Founded in 1986, Parks Associates creates research capital for companies ranging from Fortune 500 to small start-ups through market reports, primary studies, consumer research, custom research, workshops, executive conferences, and annual service subscriptions.

The company's expertise includes digital media and platforms, entertainment and gaming, home networks, Internet and television services, digital health, mobile applications and services, support services, consumer apps, advanced advertising, consumer electronics, energy management, and home control systems and security.

Each year, Parks Associates hosts industry webcasts, the CONNECTIONS™ Conference Series, Connected Health Summit: Engaging Consumers, and Smart Energy Summit: Engaging the Consumer. http://www.parksassociates.com

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