Consumer attitudes toward video access are changing, moving away from ownership and rental models to streaming and subscription services, as connected CE and smart TVs proliferate in the U.S. and Western Europe, according to
Parks Associates.
Online Video and Internet TV Services: Global Outlook reports that in a six-month period, U.S. online video subscribers spent almost $50 on average for video subscriptions while a la carte video typically garnered less than half that amount. From 2009 to 2010, the number of purchased movie and TV-show downloads dropped by 56% and movie-rental downloads fell by 70%.
The largest countries in Western Europe have penetration rates for connected CE in broadband households comparable to the U.S. Thirteen percent of broadband households in France, Italy, and Spain have an active smart TV, compared to 14% in the U.S. Germany has the lowest rates of device penetration but the largest volume of monthly viewers of online video and the greatest average number of videos viewed per user per month.
Parks Associates will present cloud media and video services consumer research at CONNECTIONS Europe, November 8-9, 2011, Amsterdam.