Global streaming device market forecast to grow 187% between 2013 and 2019

The global market for streaming video devices is forecast to increase to 86 million devices by 2019, a jump of 187% from 30 million in 2013.

Parks Associates said 37% of cord cutters use game consoles to stream video and other content, followed 34% who use devices like Roku, Chromecst, Apple TV and Amazon Fire TV.

The researcher said 13% of U.S. broadband households purchased a streaming media device in 2014, boosting adoption to nearly 30%.

The number of connected CE categories and devices continues to expand as companies look to disrupt the market,” said Stuart Sikes, Parks president. “The key priorities for our research are to identify emerging business models, effective partnerships, and engagement strategies that help develop profitable consumer products and services.”

Stay tuned.

Jim O’Neill is Editor of Videomind and Principal Analyst at Brightcove. You can follow him on Twitter @JimONeillMedia and on LinkedIn