New Reports Examine Consumer Trends in Connected Consumer Electronics, Digital Audio Devices and Services, and Streaming Media
Parks Associates today announced three industry reports on the connected CE market. The new reports provide in-depth analysis of industry trends and consumer research, forecasts, business model strategies, and recommendations for players within key market segments, including connected CE, digital audio, and streaming media devices.
Research Director addresses advancements in TV picture quality at CEDIA, October 15
Newly released connected CE research from Parks Associates finds more than 330 million 4K UHD TVs will be sold globally by the end of 2019, an increase from two million in 2013. The report, Connected CE: Trends and Innovation, notes that, of U.S. broadband households planning to purchase a flat-panel TV in 2015, 56% think that 4K picture quality is an important feature. Among flat-panel shopp ...read more
Industry report analyzes trends in streaming audio service and device adoption and usage
New connected CE and digital media research from Parks Associates shows 66% of U.S. broadband households use a streaming audio service. Among all U.S. broadband households, 40% use a free service to stream audio, and 26% subscribe to a paid streaming audio service. Amazon Prime Music is the top subscription music service among U.S. broadband households (10%), followed by Pandora One (6%) ...read more
Research firm examines adoption and purchase trends for CE devices in the streaming media space
A new Parks Associates report on streaming media devices reports four brands – Amazon, Apple, Google, and Roku – accounted for 86% of all units sold to U.S. broadband households in 2014. This market concentration will force new entrants to develop unique solutions in order to have an impact in this expanding ecosystem. The Streaming Media Device Landscape estimates that 86 million ...read more
New research reports from Parks Associates covering OTT services, home robotics, smart watches, and connected health provide in-depth analysis of industry trends and consumer research, forecasts, business model strategies and opportunities, and key recommendations for players within these key connected home topics.
Parks Associates research finds that the average U.S. broadband household owns approximately seven connected devices and that consumers will continue to buy conne ...read more
Parks Associates President moderates panels at Smart Home World Summit, June 23-24
Parks Associates research finds 64% of broadband households in the United Kingdom (U.K.) and 54% of broadband households in Germany connect a home entertainment device to the Internet.
11% of U.S. broadband households will have a robotic vacuum cleaner by 2020
Parks Associates announced a new connected CE industry report today showing more than 6% of U.S. broadband homes currently own a robotic vacuum cleaner and adoption will exceed 11% by 2020. The report, Robotics: Changing the Way You Live at Home, reports robotic floor cleaners are the first phase of the consumer robotics market, which will gradually expand to include healthcare, home controls, toys, ...read more
Firm’s NUMBERS™ service announces global forecasts for cloud storage adoption and revenues
New research from Parks Associates estimates the fastest-growing markets for consumer cloud storage will be Japan and South Korea, with consumer spending growing at a CAGR of over 33% between 2014 and 2019. The U.S. will have nearly 50 million households using cloud storage at the end of 2015. This strong worldwide growth comes as CE device manufacturers and technology providers increa ...read more