Smart TVs: The Entertainment Centerpiece of the Home – Industry Voices: Parks

connected tv

The streaming video device market continues to evolve – amid growing consolidation around a handful of devices and platforms.

Amid a slowing economy and the threat of inflation, consumer spending slowed over 2022. Despite this, consumers remained invested in streaming video consumption, with a record-high 23% of internet households subscribed to nine or more services in Q1 2022, according to Parks Associates. The streaming device market is maturing rapidly as a result.

Source: Smart TVs: The Entertainment Centerpiece of the Home – Industry Voices: Parks

Advertisement