Overall globally, Parks calculates that there are more than 265 million households worldwide and that there will be more than 400 million OTT video service subscriptions by 2022. While Netflix, Amazon Prime Video, and Hulu remain the industry leaders in the US, the analyst noted a string of second-tier of services emerging, led by recognised TV brands such as HBO Now, DIRECTV NOW, Starz, Showtime, and CBS All Access.
Attributing reasons for the rise, Parks says that in this current environment, services are adapting their marketing plans, content mix, and the consumer experience in ways to foster greater attraction and retention of customers. It adds that the effectiveness of their actions can be reflected in the perception of these services, both among their own customers and in the market overall.
From the article "Second-tier boom to drive global OTT to more than 400MN subs by 2022."
In order for a virtual helpmate to run your life, it needs to engage with the providers of all the services you rely on, from your calendar app to your Uber ride. Those providers must either partner w...
According to a recent report from research firm Parks Associates, services that stream television channels via the internet — known as virtual multichannel video programming distributors (vMVPDs) — ha...
Most consumers haven't caught IoT fever yet. "New research from Parks Associates indicates that just 36% of US broadband households have one smart home device, a percentage that decreases if all house...
“Innovations such as voice have resonated with consumers, quickly creating new opportunities for companies to leverage voice as a user interface within the consumer IoT,” said Elizabeth Parks, SVP, Pa...
