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Research: New Data Track Rising Impact of ‘Millennials’ on SP Markets
By TMNG News @ 1:38 PM :: 2515 Views :: 0 Comments :: Email This Article

A random sampling of recent research findings serves up a vivid picture of how the youth market, dubbed the “millennials” by Disney-ABC Television Group president Anne Sweeney, is impacting the market for new media over fixed and mobile networks. As demonstrated in the Pew study on usage trends by age group, the millennials, people over 12 who were not yet adults when this century began, are dominant players in eight of 12 key categories of online usage. Disney’s research shows that 40 percent of the people in this category use between five and eight different technologies (Internet, radio, iPOD, email, IM, TV, etc.) from the time they get home until when they go to bed every day. In contrast, 40 percent of baby boomers use one – TV. Another telltale sign of their impact is the leap out of nowhere in the video site rankings by YouTube, a peering content site where the video in use is primarily home grown productions by millennials. And in the Telephia study of who is using video services from mobile providers, the youth category, in this case 18-24 year-olds, has become the dominant group with penetration within their ranks now running at twice the average of all age groups.

Online Activity by Age Groups in the U.S.

Age Group 17 & Under 18-28 29-40 41-50 51-59 60-69  70+   Avg.  
% Who Go Online 87 84 87 79 75 54 21 72

Percent of Online Users in Group Engaging in Activity

Online Games 81 54 37 29 25 25 32 36
Instant Messaging 75 66 52 38 42 33 25 47
Text Messaging 60 44 29 15 11 8 35
Download Music 51 45 28 16 14 8 5 25
Download Video 31 27 22 14 8 8 1 18
Get health Info 73 84 80 64 68 72 79
Travel Reservations 50 72 64 64 59 60 63
Bank Online 38 50 44 37 35 22 41
Get News 76 72 76 75 70 74 68 73
Online Purchase 43 68 69 68 67 45 41 67
Job Hunting 30 62 51 40 36 17 2 44
Participate in Online Auctions  26 29 25 20 18 6 24

Source: Pew Internet & American Life Project

 

Teen Market Snapshot

Teens spend an average of $74 per week (includes all spending)
82% of teens have a computer at home
71% of teens have internet at home
44% of teens have purchased something online

Source: Newspaper Association of America (NAA) providing Numbers and Statistics

 

Penetration Rates of Mobile TV/Video Activity (U.S.)

                                     Penetration Rate (%)

Demographic Segment       Q1 2005    Q2 2005    Q3 2005    Q4 2005

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All Subscribers                   1.4%          1.4%          1.4%         1.5%

Youth Subscribers              1.8%          2.9%          2.9%         3.3%

Male Subscribers                2.2%          1.9%          1.7%         1.8%

Female Subscribers            1.1%          1.0%          1.2%         1.2%

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Key Data Point: VCast and MobiTV subscribers spent $94 per month on average   in Q4 2005 vs. $54 spent by non-TV subscribers on cell service. Source: Telephia

 

Web Video Site Traffic (Feb. ’06)

Video Site                              Unique Audience               % Change from Feb. ‘05

MSN Video                               9,279,000                                       44%

YouTube                                   9,045,000                                        n/a

Google Video                            6,246,000                                        n/a

iFILM                                        4,336,000                                      102%

Video Search Yahoo!                3,774,000                                      148%

Source: KenRadio Broadcasting



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