Comscore on July 6 released new data that found five streaming video services (Amazon Prime Video, Disney+, Hulu, Netfli and YouTube) collectively represent more than 80% of all OTT streaming hours in the United States.
Since the report is co-partnered with YouTube, much attention is given to the Google-owned social media platform, including increased (by 13%) household penetration in 2020, and 34% uptick since March 2019.
“We uncovered recent, rapid changes in the industry due to the growth of OTT services, content and devices, as well as the COVID-19 pandemic’s effect on consumer behavior,” Comscore’s Alison Robart and Kim Gardner wrote in a post.
They wrote that since January, while all streaming services have increased their reach, most of the growth came from services that reached ad-supported households. Overall, ad-supported video-on-demand services have extended their reach at a faster pace than non-ad-supported services (+9% growth in reach vs. +5%, respectively, between January and April).
“This is good news for advertisers, as it means their content is getting in front of more viewers,” Robart and Gardner wrote.
While traditional devices such as desktops/laptops, phones and tablets have the largest reach across U.S. wireless households, Internet-connected TVs reached more than 70% of domestic households.
In addition to the growing reach of connected TVs, the amount of time spent watching content has increased as well. Time spent on YouTube increased 22% for total hours streamed (March 2019 vs. March 2020).
Notably, with audiences home more than ever, ComScore found that more than 60% of signed-in viewers of YouTube on TV watched a videos featuring titles that contain “Home Workout” (+340%), “Cooking/Recipes” (+45%), and “Meditation Videos” (+45%) and “Self-Care” (up +100%).