Space X's Starlink service has an estimated US
1.3 million residential subscriptions, creating new market
competition
DALLAS, July 9, 2024
/PRNewswire/ -- Parks Associates today announced the launch of its
new Broadband Market Tracker, an annual research
subscription service that profiles more than 25 market leaders
in the US and Canadian residential internet service markets. The
Broadband Market Tracker delivers quarterly reports
that analyze market trends, profile market leaders, and provide
estimates for residential internet subscribers and revenues for the
North American market.
Parks Associates leverages the firm's consumer research and
industry knowledge to provide estimates for all leading companies,
even those that that do not publicly release figures, and to
measure growth in services such as fixed wireless service among
mobile network operators.
Parks Associates estimates that in the satellite internet
market, Space X's Starlink service has approximately 1.3 million
residential subscriptions in the US, overtaking long-time
incumbents HughesNet and Viasat. As of Q1 2024, Starlink is the
12th largest residential internet service provider in the US
market. The company is on track to become a top 10 residential ISP
by market share by the end of 2024.
"This year, significant changes in the broadband market include
regulatory shifts, increasing competitiveness from wireless
options, and mergers and acquisitions," said Kristen Hanich, Research Director, Parks
Associates. "The end of the Affordable Connectivity Program has
challenged both ISPs and consumers, and growing price sensitivity
is driving renewed interest in service bundling. This research will
follow this and other trends and measure their impacts on the
bottom line of subscriber counts and revenues for all major
providers."
Parks Associates' analysis of the residential internet market
includes the following information and benefits:
- Quarterly analysis of market trends and events and their impact
on the broader competitive landscape
- Strategic assessment of market changes, current announcements,
and new products
- Insights into strategies of key players
- Evaluation of events in the context of broader market
trends
- Identification of market, partnership, and revenue
opportunities
- Key trends and factors shaping the market, including
multifamily housing opportunities, and the impacts on industry
players in the internet and connected home markets
- Access to Parks Associates' analyst team and historical
proprietary data
To schedule an interview with an analyst or to request specific
data, please contact Mindi Sue
Sternblitz-Rubenstein at 380127@email4pr.com or
972-490-1113. Request more information about this service.
About Parks Associates
Parks Associates, a
woman-founded and certified business, is an internationally
recognized market research and consulting company specializing in
emerging consumer technology products and services. Founded in
1986, Parks Associates provides business intelligence and research
services through its proprietary methodologies developed over
decades, including quarterly surveys of 10,000 internet
households.
The company's expertise crosses many industries: home security
and smart home, streaming video, broadband and pay-TV services,
digital media and platforms, gaming, Wi-Fi and home networks,
connected health, support, consumer electronics, home control
systems, energy management, and tech solutions for the
multi-dwelling (MDU), small-to-medium business (SMB), and
commercial building markets.
Each year, Parks Associates brings thousands of leaders together
for its webinars and annual events. The firm hosts the annual
executive research and strategy conferences CONNECTIONS™, Connected
Health Summit, Smart Energy Summit, Smart Spaces, and Future of
Video. https://www.parksassociates.com
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Instagram.
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SOURCE Parks Associates