North America and Western Europe showing significant growth over Eastern Europe and Asia in multiscreen services
By mid -2011, TV Everywhere services will be available to 81% of U.S. and Canadian pay -TV subscribers through their current service provider, according to Parks Associates' report TV Everywhere: Growth, Solutions, and Strategies.
U.S. TV service providers in particular have moved aggressively as consumer data show multiscreen services can help reduce churn and attract younger subscribers. Nearly 40% of U.S. broadband consumers ages 18 -34 find TV Everywhere services very appealing. Globally, service providers are expanding their multiscreen services due to competition from online video sources, the entrance of other operators, and the dramatic increase of online and mobile video usage over the past three years.
"Service providers realize they need to be the consumer's primary source of video content on all platforms," said Brett Sappington, Senior Analyst, Parks Associates. "In North America and Western Europe in particular, TV Everywhere has moved rapidly from a handful of offerings to widespread availability. Today, operators from all sectors, telco, cable, and satellite, now offer online access to VOD or live TV, with several adding support for smartphones and tablets."
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In North America, most initiatives are available to subscribers at no additional cost. Comcast has been an early leader in this area, launching Fancast Xfinity TV in December 2009.
Innovative pay -TV providers in Western Europe, including Sky, Ziggo, and Orange, launched multiscreen services prior to their North American counterparts, with some offering services as early as 2006, but activity in TV Everywhere services picked up significantly over the past year. Today, 40% of subscribers in Western Europe can receive a multiscreen service from their current pay -TV provider.
Multiscreen services in other regions are only now emerging. Twelve percent of pay -TV subscribers in Eastern Europe can receive a TV Everywhere service from their current provider, with many operators deploying this feature as part of new IP -based systems. Services in South Korea and Japan lag other developed nations due to the ability of mobile phones in those countries to receive TV signals via digital terrestrial broadcasts.
TV Everywhere: Growth, Solutions, and Strategies analyzes the market factors, technologies, and consumer adoption that have contributed to the growth of multiscreen services around the world. The report also examines the issues and trends that will define the future for these services.
Parks Associates will address these key issues at the upcoming CONNECTIONS™: The Digital Living Conference & Showcase, held June 28 -30, 2011, in Santa Clara. For information, visit http://www.parksassociates.com, http://www.connectionsus.com, or contact 972 -490 -1113, firstname.lastname@example.org.
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 new media, digital entertainment and gaming, home networks, Internet and television services, digital health, mobile applications and services, consumer electronics, energy management, and home control systems and security.
Each year, Parks Associates hosts executive conferences CONNECTIONS™, with support from the Consumer Electronics Association (CEA)®; CONNECTIONS™ Europe; and Smart Energy Summit.
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