Parks Associates: Nearly 70 million U.S households will have smart TVs by 2017

Heather Way, Senior Analyst, Parks Associates, is moderating the session "Smart TV Rising" at Advertising Week on Wednesday, September 25, 2:30-3:15 P.M. in NY Times Center Hall.

Dallas, Texas, September 23, 2013-Heather Way, Senior Analyst, Parks Associates, is moderating the session "Smart TV Rising" at Advertising Week on Wednesday, September 25, 2:30-3:15 P.M. in NY Times Center Hall.

According to Parks Associates research, there will be 175 million online video users in the U.S. in 2013, rising to 191 million by 2017, at which time there will be nearly 70 million smart-TV households. Parks Associates advertising research finds 25% of smart-TV app users recall seeing an in-app ad and 84% responded to that ad, the highest response rates to app advertising among current connected CE platforms.

"The TV is still the most-popular and most-used platform for video viewing-over 40% of TV owners watch more than 10 hours of video per week on the device," Way said. "The rise of OTT video viewing on smart TVs presents a new channel for content owners to sustain and grow their viewing audience, particularly in a marketplace that continually propagates fragmentation. The ability to leverage the mass reach of the first screen and its interactive components drives the scale and performance of a video asset."

Advertising Week is the world's premier annual gathering of marketing and communications leaders each year in New York City. With more than 200 distinct events, The Week is a hybrid of thought leadership Seminars featuring the industry's best and brightest and engaging special events which galvanize targeted constituencies.
What: "Smart TV Rising"
Newly enabled by automatic content recognition ("ACR") technology, Smart TVs can enable networks and advertisers to deliver synchronized, interactive content and advertising on the TV.

MODERATOR: Heather Way, Senior Analyst, Parks Associates

PRESENTERS:
Michael Collette, CEO, Cognitive Networks
Jeff Minsky, Director, OMD Ignition
David Preisman, VP Interactive TV, Showtime Networks
Michael Strober, SVP Ad Sales, Turner Broadcasting
Ashley Swartz, CEO & Founder, Furious Minds
Wendell Wenjen, Director of Smart TV Advertising & Interactive TV Platforms, LG Electronics

When: September 25, 2:30-3:15 P.M.

Where: Advertising Week
131 W. 33rd Street
Suite 800
New York, NY 10001

Press Registration/Information: Contact Doug Zanger to request a press pass for this event or register.

Interview: To request an interview or additional information, contact Holly Sprague at hsprague@gmail.com or +1.720.987.6614.

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.

www.parksassociates.com
www.twitter.com/ParksAssociates

Featured Product

Octava -4K UHD Video Over LAN Matrix Switch. Video Wall Processor

Octava -4K UHD Video Over LAN Matrix Switch. Video Wall Processor

The Octava PRO DSX is a simple to use, powerful video distribution solution designed to deliver HD video including 4k UHD from multiple sources to multiple displays. The PRO DSX also functions as a Video Wall processor to create n x m video walls. The PRO DSX delivers HD video over standard CATx LAN cables allowing for simple integration in virtually any infrastructure. The PRO DSX was specifically designed for ease of use for residential installations and engineered for scalability to accommodate large video distribution systems such as education, corporate , and hospitality applications. Easy to configure and customize for your video system - Build virtually any size video matrix switch system. The Pro DSX is a scalable platform enabling easy system growth. Simply add PRO DSX TX for each video sources required and a PRO DSX-RX per display. Video Wall Support- The PRO DSX features a built-in video wall processor that enables you to create custom video walls.