This research provides a comprehensive view of the traditional pay-TV, streaming TV, and OTT services market across subscription, ad-based, and transactional business models. It details shifting consumer preferences, with historical trending data on adoption, satisfaction, and churn for pay-TV and OTT services. It details top causes of service churn and consumer receptivity to new service features and retention incentives.
ANALYST INSIGHT:
"Services must improve the consumer experience and content options in order to retain customers. Without writers creating high-quality scripted content, an increase in customer attrition is expected in the near term." - Sarah Lee, Research Analyst, Parks Associates.
Table of Contents
Survey Methodology and Definitions
Pay-TV Definitions and Categorization
Video Services Ecosystem
Key Terms and Definitions
Executive Summary
- Pay-TV & OTT Service Subscription Trend
- Pay-TV Adoption by Service Type
- Number of OTT Service Subscriptions
- Spending on Video Services: Traditional Pay TV vs. SVOD Services
- OTT Service Use by Business Model
- OTT Subscriber Churn
- OTT Churn Triggers
- OTT Service Retention Options
The Big Picture: Pay-TV vs. Streaming
- Penetration of Traditional vs. OTT Video Services
- Pay-TV & OTT Service Subscription Trend
- Pay-TV and OTT Service Subscription Mix
- Spending on Video Services: Traditional Pay TV vs. SVOD Services
Pay-TV: From Traditional to Streaming TV
- Pay-TV Adoption by Service Type
- Market Segments: Pay-TV Subscribers, Cord Cutters, and Cord Nevers
- Last Subscription to Pay-TV Service
- Traditional Pay-TV Service Provider Market Share, YoY
- Overall vMVPD Service Adoption
- Streaming TV Service Adoption, YoY
- Pay TV Subscriber Access to Streaming Services via Set-top Box
- Intention to Make Changes to Pay-TV Service
- Reasons for Switching from a Traditional to Streaming TV Service
- Reasons for Switching from a Streaming to a Traditional Pay-TV Service
- Important Factors of Selecting New Home Internet Provider
Pay TV: Value of New Features
- Features Offered and Received From TV Service Provider
- Importance of Pay-TV Service Features & Platform Accessibility
- Appeal of Emerging Pay-TV Service Features: Home Control & Interactivity
Streaming Video: Business Models and Subscription Path
- OTT Service Use in Prior 30 Days, by Business Model
- OTT Business Model Use by Pay-TV Groups
- Use of Ad-Based OTT Services in Prior 30 Days
- Use of Transactional OTT Services in Prior 30 Days
- Number of OTT Service Subscriptions
- Average Number of OTT Service Subscriptions
- Average Number of OTT Service Subscriptions by Pay-TV Groups
- Method of Subscribing by Service Type Q3 2022
- Method of Subscribing to OTT Services
- Method of Subscribing by Service Type
- Method of Subscribing to Top 10 OTT Services
SVOD Market Leaders: Adoption & User Base
- OTT Service Subscription: Big 3 OTT vs. Non Big 3 OTT
- OTT Video Service Use by Parent Companies
- Major OTT Subscription Service Adoption
- Premium Network OTT Subscriptions
- Additional Streaming Service Subscriptions
- Additional Streaming Service Subscriptions, Cont'd
- Sports OTT Service Subscriptions Overall
- Sports OTT Service Penetration
- Fitness OTT Service Penetration
- Age Breakdown by Major OTT Subscription
- Gender Breakdown by Major OTT Subscription
- Children at Home Breakdown by Major OTT Subscription
- Household Income Breakdown by Major OTT Subscription
OTT Subscription Duration
- Average Subscription Duration of Major and Premium OTT Services
- Average Subscription Duration of Other OTT Services
- Average Subscription Duration of Sports OTT Services
- Average Subscription Duration of Fitness OTT Services
NPS Benchmarking by Sector and Services
- Net Promoter Scores by Sector - Trending (2019-2023)
- Traditional Pay-TV Service Provider NPS
- vMVPD Service NPS
- Net Promoter Score of OTT Services
- Pay-TV Service Sentiment: Legacy vs. Streaming Pay TV
- High Satisfaction with Current Pay-TV Service: Legacy vs. Streaming Pay TV
- Pay-TV Content Preferences: Legacy vs. Streaming Pay TV
OTT Churn
- OTT Subscriber Churn
- vMVPD Services: Subscribers Cancelling OTT Service as a % of Current Subscriber Base
- Subscribers Cancelling Service as a % of Current Subscriber Base
- OTT and Streaming TV Subscription Behaviors
- OTT and Streaming TV Subscription Behaviors, by Streaming TV Subscribers
- Value of Streaming Services Bundled with Communication Services
- OTT Churn Triggers
- OTT Churn Triggers: vMVPDs vs. all OTT Services
- OTT Service Retention Incentives
- OTT Service Retention Incentives: vMVPD vs All OTT Services
Appendix