According to a new report by Parks Associates, Google’s Chromecast has surpassed Apple TV as the No.2 most popular media streaming device on the U.S. market. Despite a considerable slip, Roku’s lineup is still the most popular this year, with a solid 29% of market share, while Apple TV fell to third place with 17%.
Apple TV sales have always been lukewarm for an Apple device, and its recent slide in market share could be reasonably attributed to its comparatively hefty price tag, as well as its closed ecosystem. The Cupertino company needs to add more value to their set-top box if they wish to continue competing with the likes of Roku and Chromecast, boasting accessible prices and better compatibility.
Moreover, the recently introduced Amazon’s Fire TV box and stick came in fourth place with an impressive 10% share. As new media streaming devices, be they dongles or set-top boxes, continue to emerge, the market for OTT devices will maintain its grow amid swiftly shifting competition.
