Parks Associates released a forecast today predicting significant growth in Internet-based video services over the next four years, with users exceeding 15 million by the end of 2008.
For Immediate Release
972 -490 -1113
More consumers will tune in to Internet TV services
Dallas, Texas June 17, 2004 - Parks Associates released a forecast today predicting significant growth in Internet -based video services over the next four years, with users exceeding 15 million by the end of 2008. The firm will present these data, part of its ongoing research of multimedia platforms and services, at its upcoming one -day workshop Digital Entertainment in the Networked Home on July 15, 2004, at The Fairmont in San Jose, CA.
"Regarding on -demand video services, several key pieces of the puzzle are now in place," said Puja Rathi, an analyst at Parks Associates. "Broadband penetration is sufficiently high, and with the launch of service providers like MovieLink and Starz! Ticket, movies are legally available in on -demand environments. The only missing piece is a wireless connection between TVs and PCs, and this should be available within the next 12 months, thanks to new products coming to market."
Also at the workshop, Parks Associates' analysts will present industry analysis and consumer research regarding other markets, including broadband, gaming, music, and media servers, within the digital home value chain. Additionally, Parks Associates will be publishing a report on video -on -demand services, Video -on -Demand and PVR: Analysis & Forecasts, in July 2004. For more information on this workshop or any of Parks' research, visit www.parksassociates.com or call 972 -490 -1113. To view the agenda or to register for the Digital Entertainment in the Networked Home workshop, at the Fairmont Hotel in San Jose on July 15, 2004, go to www.parksassociates.com.
About Parks Associates: Parks Associates is a market research and consulting firm focused on all product and service segments that are "digital" or provide connectivity within the home. The company's expertise includes home networks, digital entertainment, consumer electronics, broadband and Internet services, and home systems.
Founded in 1986, Parks Associates creates research capital for companies ranging from Fortune 500 to small start -ups through market reports, multiclient studies, consumer research, workshops, and custom -tailored client solutions. Parks Associates also hosts Fall Focus and co -hosts CONNECTIONS™ (in partnership with the Consumer Electronics Association) each year. www.parksassociates.com.