Games consoles top choice in US for streaming TV
New US research has found that games consoles are the most used devices for bringing web video to the TV and will remain so through 2013.
The research, from In-Stat, predicts that by 2013 over 10.7 million consoles will be used as web-to-TV mediation devices in the US.
US revenue from web-to-TV streaming services will grow to $2.9 billion by 2013, it estimates.
Keith Nissen, In-Stat analyst, said: “Currently Web video is largely additive to traditional TV revenue streams. However, ultimately web video to the TV will force a complete restructuring of today’s video distribution ecosystem.”
In-Stat also forecast that in five years, the number of US broadband households viewing web-to-TV content will grow to 24 million. with 29% of US 25 to 34 year olds with game consoles already using them to watch streaming video.