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Parks Associates has published OTT research showing nearly 35 per cent of US broadband households watch user-generated content (UGC) online, on sites such as YouTube, Vimeo, and Dailymotion, more than ten days per month. Three-quarters of US broadband households access this content at least once per month.
The research comes from one of three recently released research deliverables by Parks Associates that examine consumer demand for personalised services, entertainment and app strategies, and the impact of OTT and user-generated content on video production and distribution.
“Today’s home entertainment is all about personalisation. Consumers now expect video, music, and gaming experiences to adapt to their needs, including anywhere, anytime, and any device access. Successful services are extending personalisation into all aspects of the service experience and features,” said Brett Sappington, Senior Director of Research, Parks Associates. “Competition for customers and revenues will become even more intense in the future. New personalisation technologies are driving simplified authentication, increased consumption, greater viewer engagement, and enhanced revenue generation.”
According to the research:
“Live streaming via mobile apps is in its early days—only 11 per cent of US broadband consumers indicate they have live streamed video using a live streaming app, while 13 per cent of consumers have watched live streamed video on a mobile app,” said Glenn Hower, Senior Analyst, Parks Associates. “However, this developing market has already had its first big casualty, as Meerkat, which brought live streaming apps to the consumer market in 2015, exited this space following the success of Twitter’s Periscope and Facebook Live and YouTube’s announcement of its upcoming live mobile streaming technology. Meerkat’s demise came in part because of the app’s lack of primary social media interaction for creators, which underscores the importance of built-in personalisation and interactive capabilities in this new media world.”