Skip to main content

U.S. Broadband Subscribers Growing Slowly

So many Americans have already moved from slower to high-speed Internet connections on their home computers that the growth rate of new high-speed customers is tapering off, a new report says.

The Pew Research Center found that from December 2004 to May 2005 the number increased only 3 percent -- a statistically insignificant rise. By contrast, from November 2003 to May 2004, the number of adults with high-speed Internet at home rose 20 percent, according to the study released Wednesday.

Adults who use an older and slower connection -- a dial-up phone number -- to gain access to the Internet expressed far less desire to switch to a high-speed connection -- available from their phone or cable companies -- in 2005 compared with 2002. The findings suggest the adoption of high-speed Internet service in America has gone from rapidly climbing to approaching a plateau.

``There are fewer people hankering for high speed now and that means less pent-up demand for broadband,'' said John B. Horrigan, the report's author.

Popular posts from this blog

Why GenAI Investment will Double in 2024

In 2024, every business can be a technology-driven business. The quest for business technology leadership skills, and digital transformation, will gain new momentum as more organizations seek ways to drive net-new digital growth. Large enterprises will invest more than $19.4 billion worldwide in Generative Artificial Intelligence (GenAI) solutions in 2023, according to the latest market study by International Data Corporation (IDC). This spending, which includes GenAI software as well as related infrastructure hardware and IT or business services, is expected to more than double in 2024 and reach $151.1 billion in 2027 -- that's with a compound annual growth rate (CAGR) of 86.1 percent over the 2023-2027 forecast period. Artificial Intelligence Market Development Despite the recent IT headwinds in 2023, business leaders accelerated their exploration of GenAI solutions to help boost their digital business transformation. "In 2024, the shift to AI everywhere will enter a critic