Parks Associates: 58% of U.S. broadband households use at least one OTT video service on a monthly basis
Parks Associates Research Analyst moderates OTT panel at Next TV Summit NY 2015, October 21
Dallas, Texas, October 19, 2015 - Parks Associates consumer research finds the majority (58%) of broadband households in the U.S. use at least one OTT video service on a monthly basis, while more than 25% of households use two or more services. The research firm will be presenting new OTT research at Next TV Summit & Expo, October 21, 2015, during a session analyzing consumers' evolving viewing habits, OTT services, and strategies to adapt in the current OTT environment.
"Despite impressive penetration, growth of U.S. OTT services has slowed recently, indicating the overall market for SVOD service might be saturated," said Glenn Hower, Research Analyst, Parks Associates. "Netflix continues to dominate the OTT space, with 43% of U.S. broadband households subscribing to its service. After Hulu and Amazon, with 19% and 17% respectively, penetration of OTT services drops drastically. However, with new niche services emerging that focus on targeted content and audiences, there is still room for growth in the space."
Hower will be moderating the session "OTT = Opportunity to Thrive" at 11:10 A.M. on Wednesday, October 21. He will also host a roundtable on digital rights management during the "Over the Top-ics" session. Next TV Summit & Expo is a high-level, future-focused conference, expo, and networking event for members of the TV, media, entertainment, and technology business community. The full-day event provides unique insights into the impact of new devices, new delivery systems, and new consumer expectations in the OTT world.
What: Glenn Hower, Research Analyst, Parks Associates, at Next TV Summit NY 2015
Date: October 21, 2015
Time: 11:10-11:50 A.M.
Where: Park Central Hotel
870 7th Ave
New York, NY 10019
Twitter: @ParksAssociates, @GlennatParks
Other panelists include:
• Ed Lee, VP of Content Acquisition, Roku
• Tom Mohler, CEO, Olympusat Holdings
• Elizabeth Hendricks North, President, CuriosityStream
• Barry Tishgart, VP, Comcast Wholesale
• Keith Zubchevich, Chief Strategy Officer, Conviva
Glenn Hower currently studies entertainment content and delivery services. He is experienced in entertainment content production and distribution systems with a particular emphasis on radio, television, and film content.
Media interviews with Glenn Hower are available. To request a meeting or specific research data, contact Holly Sprague at firstname.lastname@example.org or 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.
The company's expertise includes the Internet of Things (IoT), digital media and platforms, entertainment and gaming, home networks, Internet and television services, digital health, mobile applications and services, support services, consumer apps, advanced advertising, consumer electronics, energy management, and home control systems and security.