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.
That’s according to Parks Associates, which said that 25% of U.S. broadband households use an antenna to watch local broadcast TV channels, up from 15% in 2018. The firm said those figures could incre...
Neither of these methods work particularly well, at least for the kind of casual sharing that’s pervasive among friends and family members. A survey earlier this year by Parks Associates found that 18...
“Across the nation, all sorts of internet service providers have gained two new competitors,” says Kristen Hanich, the research director for Parks Associates, referring to T-Mobile and Verizon. “They...
The effect on the companies’ bottom lines remains unclear, but a study by Parks Associates, a research group, found that sharing cost the streaming video industry $500 million in 2015. One reason t...
