Tuesday, November 05, 2013

Game Consoles and Tablets Competing Neck-and-Neck for Holiday Shopping Dollars

New consumer research shows CE device purchase intentions for Black Friday and 2013 Holiday Season

New CE shopping research from Parks Associates finds tablets and game consoles are virtually tied among U.S. consumers for planned purchases in the 2013 holiday season. Parks Associates' research 2013 Holiday CE Purchase Intentions reports purchase interest in game consoles has rebounded after tablets surged ahead in the 2012 holiday season. Parks Associates analysts say comparable percentages of U.S. broadband households purchased tablets and game consoles in 2011, and if current intentions reflect 2013 purchases, game consoles will soon be back on an equal footing with tablets.

“Tablets are poised to be a big seller this Black Friday and holiday season, with Apple, Microsoft, and Nokia announcing new models, but the launch of new game consoles from Microsoft and Sony may steal their momentum,” said Harry Wang, Director, Health & Mobile Product Research, Parks Associates. "2013 will not be a repeat of 2012 as 18% of broadband households currently plan to purchase a tablet over the holidays vs. 16% for a game console. By comparison, in the 2012 holiday season, 19% purchased a tablet, and 11% purchased a game console."

CE Holiday Shopping - Tablets vs. Game Consoles - Parks Associates resreach

“New consoles offer a bigger ‘feature jump’ relative to tablets,” said Brett Sappington, Director, Research, Parks Associates.  “The tablets on sale this holiday season will be thinner, some with faster processors, but otherwise comparable to those sold last year. Consoles have had a major upgrade in terms of resolution, processing power, new features, and new titles. Already 14% of all U.S. broadband households use a connected game console to stream video, and the enhancements in the PlayStation 4 and Xbox One will further expand the console use cases."

Parks Associates research finds nearly 55% of U.S. broadband households now own a tablet and 60% will have one by the end of 2013. Currently 61% of U.S. broadband households own a game console.

Additional tablet research from Parks Associates:

- Within a 30-day period, 27% of tablet owners make an in-app purchase.

- Tablet owners are 1.3 times more likely than smartphone owners to purchase a product using a shopping app.

- 24% of tablet owners in U.S. broadband households watch six or more hours of premium online video (TV shows and movies) on the device each week.

2013 Holiday CE Purchase Intentions features consumer research from a nationwide survey of 2,500 U.S. broadband households fielded in 4Q 2013. Data on other CE devices are also available.

For information, visit www.parksassociates.com or contact [email protected], 972-490-1113.

About Parks Associates: Parks Associates, a woman-founded and certified business, is an internationally recognized market research and consulting company specializing in emerging consumer technology products and services. Founded in 1986, Parks Associates provides business intelligence and research services through its proprietary methodologies developed over decades, including quarterly surveys of 10,000 internet households.

The company's expertise crosses many industries: home security and smart home, streaming video, broadband and pay-TV services, digital media and platforms, gaming, Wi-Fi and home networks, connected health, support, consumer electronics, home control systems, energy management, and tech solutions for the multi-dwelling (MDU), small-to-medium business (SMB), and commercial building markets.

Each year, Parks Associates brings thousands of leaders together for its webinars and annual events. The firm hosts the annual executive research and strategy conferences CONNECTIONS™, Connected Health Summit, Smart Energy Summit, Smart Spaces, and Future of Video. https://www.parksassociates.com
 

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