Systems and methods for bandwidth consumption management

A method of dynamically adapting network performance parameters for applications, the method comprising:

• setting a first bandwidth limit for a first application and a second bandwidth limit for a second application;
• detecting an event of interest to a user;
• identifying a media asset associated with the event;
• determining a first likelihood that the media asset will be accessed using the first application and a second likelihood that the media asset will be accessed using the second application;
• and
• in response to determining that the first likelihood is greater than the likelihood, reducing the second bandwidth limit by a first amount to increase the first bandwidth limit by the first amount.