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Parks Associates

Prime subs overtake Netflix in US

Parks Associates has released its updated list of the top 10 US subscription OTT video services, based on estimated numbers of subscribers through September 2022 from the firm’s OTT Video Market Tracker. The research firm reports that 83 per cent of broadband households have at least one OTT service, with 23 per cent adopting nine […]

December 5, 2022

Research: Consumers increase mobile video consumption

Parks Associates’ research finds that consumers have maintained recent increases in the amount of time they spend watching video on their mobile phones, while time spent consuming video on a TV set, tablet, and computer continues to decrease. Advertising-based online video (AVoD) accounts for the largest share at nearly two hours per week on average, […]

December 1, 2022

Research: 23% AVoD users engage with ads

Research from Parks Associates finds nearly one in four users (23 per cent) of ad-supported OTT services said they often click on ads that they watch, and the same percentage (23 per cent) often buy things they see advertised. The research report, Ad-Based OTT: Growth in FAST and AVOD Services, explores factors driving the growth […]

November 15, 2022

Forecast: 93% of US will have a broadband subscription in 2025

Parks Associates’ research forecasts that by the end of 2025, approximately 93 per cent of US households will have a broadband subscription, either fixed or mobile. “The home broadband market is entering a time of renewed competition and innovation, with the emergence of several new players and growing fibre deployments,” said Kristen Hanich, Director, Research, […]

October 19, 2022

Research: 38% US homes own smart home device

Parks Associates’ consumer survey work of 10,000 US Internet households shows that 38 per cent of households own at least one smart home device, up 2 per cent from a year ago. Consumers continue to buy connected products; 27 per cent of US Internet households report buying a smart home device in the past 12 […]

October 11, 2022

Research: 35m US homes interested in cloud gaming subscription

Parks Associates estimates more over 35 million US internet households are interested in subscribing to a cloud gaming service, with demand growing to nearly 39 million households by 2024. “A variety of players are testing the cloud gaming market, as it has tremendous opportunities for recurring revenues and service expansion, provided companies can deliver a […]

September 28, 2022

Research: 68% US homes watch NFL

The latest update of Parks Associates’ OTT Video Market Tracker analyses the launch of NFL+, the OTT subscription service operated by the NFL in the US and the market context for the service, as part of the Tracker’s ongoing analysis of top industry and consumer trends in the OTT video space. Parks Associates consumer research […]

September 15, 2022

Study: Trials are effective onboarding tool for SVoDs

Parks Associates’ consumer study OTT: Perception, Use, and Business Models reveals 40 million US internet households trialled and subscribed to at least one OTT service in the first half of 2021. The research analyses consumer use and perception across multiple business models, their libraries, and features. Free trials offer consumers the opportunity to experiment with […]

July 15, 2022

Data: US OTT service-stacking at record high

Research firm Parks Associates’ OTT Video Market Tracker service recently reported service-stacking is at an all-time high in the US. Parks Associates’ quarterly survey of 10,000 US Internet households finds 50 per cent reported subscribing to four or more OTT services in 1Q 2022, with nearly a quarter having nine or more services. “Service-stacking in […]

July 13, 2022

Forecast: US pay-TV subs down 27% from 2014-2024

Findings from Parks Associates reveal that US pay-TV subscriptions and revenues are on a continuous decline as consumers embrace OTT services. The research firm’s report, Video Services: State of the Market, forecasts that traditional pay-TV will decline to 76.7 million households by 2024, the lowest penetration in a decade and a 27 per cent drop […]

June 22, 2022