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November 29, 2017
Yet just like Google in 2004, Roku dominates its market. According to market researcher Parks Associates , Roku boasts a 37% market share in "over the top" streaming devices. Amazon's Fire TV, Apple TV -- even Google's own Chromecast -- don't even come close.
Will Roku maintain its lead in the years to come? Can it translate wild consumer popularity into cold, hard cash profits? That remains to be seen. But if Google's performance offers any example, I'd say Roku's chances look good.
From the article "3 Stocks That Look Just Like Google in 2004" by Matthew Frankel, Rich Smith, and Keith Speights.
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According to Parks Associates, it only gets worse from here. In its 2022 “OTT Streaming Trends to Watch” white paper, their data shows that the average churn rate was 40% in 2020. Right now, the avera...
In a press release, Amazon singles out “voice shopping” more “Alexa-exclusive deals” for members with an Amazon Echo, Echo Dot, Echo Show, Amazon Tap, compatible Fire TV or Fire tablet. “Amazon is...
Apple TVs share of streaming devices in U.S. households remains at 15 percent edging Google’s Chromecast to take third place among the four major brands but is still being beat out by Roku more than t...
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