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Streaming devices on the rise: just over 500 million in households ( 9169 Comments)

Chromecast grew faster than any streaming device this year even though gaming consoles lead the pack in TV streaming devices.

Netflix and online streaming services are on the boom and they are streaming billions of hours every month and it is no wonder. Consumers the world over now own half a billion streaming gadgets, according to a new report from many Time Tech. The most popular brand of all of the streaming devices is still Sony, with a total instal base of 120 million plus devices, a number that’s largely comprised of the company’s PS3 and PS4 gaming devices.

The biggest boom, however, is coming from non-gaming gadgets: LG has been witness to 101.9 percent growth back to back year-after-year with its smart TVs and WiFi enabled Blu-ray players, according to Wall Street Journal estimates, followed by their number one rival Toshiba with almost 100 percent year-after-year increase in sales.

On a quarterly basis, Google saw bigger increases from the first to the second quarter of this year than any other manufacturer, thanks to their awesome streaming device Chromecast. Strategy Analytics estimates that a total of 6 million Chromecast devices were sold by the second quarter in 2014.

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