Press Release (ePRNews.com) - Plano, TX - Jun 28, 2017 - Approximately two-thirds of U.S. adult broadband users now enjoy online subscription video-on-demand (SVOD) services like Netflix on their home television. That being said, SVOD users are far from homogenous, especially when it comes to TV viewing behavior and the role that subscription streaming plays.
Pay-TV Substituters — a small but growing segment— spend 68 percent of their TV time watching SVOD, about 25 hours per week. Substituters not only spend a far greater proportion of their TV time watching SVOD, but spend far more time than other segments watching TV in general (about 34 hours/week).
By contrast, those using SVOD to augment their TV sources, Pay-TV Supplementers spend only 20 percent of their TV time watching SVOD, 3.5 hours per week. Notably these viewers spend on just over 14 hours each week watching TV, far below Substituters and least among the four segments.
Quantum Viewers and Luddites spend about the same amount of time each week watching TV SVOD (~5 hour/week). However, SVOD’s contribution to their total TV time varies significantly. For example, Luddites spend 35 percent of their weekly TV time watching SVOD, while Quantum Viewers spend 26 percent of their weekly TV time watching subscription on-demand streaming services.
“The industry continues to speak of SVOD viewers as if they are a homogenous group with common behavior and preferences. Nothing could be further from the truth,” says Michael Greeson, TDG president and principal analyst.
“TV streamers are as varied as TV viewers in general, and understanding these differences is critical to operators and networks hoping to carve out a larger share of ‘TV time.’ Simply rolling a data-driven notion of a ‘personalized TV service’ is insufficient. True differentiation requires designing and packaging content to increasingly specific preferences not tracked by industry metrics.”
TDG’s new report, A Formal Segmentation of U.S. SVOD Users, presents a research-based analysis of a wide range of variables, including technographic, demographic, psychographic, and video-graphic elements. It is the most detailed examination of U.S. SVOD users available publicly.
About TDG Research
TDG provides actionable intelligence on the quantum shifts impacting consumer technology and media behavior. Since 2004, we’ve helped leading and emerging technology vendors, media companies, and service providers master the digital transformation and decipher how modern viewers access and engage video-whenever and wherever they may be. Learn more about how we can help improve your digital video strategies.
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