Skip to main content

Global Broadband Subscribers to Double

With the increasing penetration of established broadband technologies like Digital Subscriber Line (DSL) service and cable modem service, in addition to improvements in fixed wireless broadband and satellite broadband services, the number of worldwide broadband subscribers will double over the next five years, reports In-Stat.

By year-end 2010, worldwide broadband subscribers will reach 413 million. "There are several reasons behind the rapid growth in worldwide broadband subscribers, but the most important are the increasing availability of broadband services and the proliferation of new applications that rely on high-speed connections," says Mike Paxton, In-Stat analyst. "Other drivers fueling subscriber growth include a gradual, but consistent, reduction in monthly service prices, and the beginnings of effective bundling strategies that link high-speed Internet service with video and telephony services."

In-Stat found the following:

- DSL remains the leading broadband access technology. On a worldwide basis, it currently accounts for 69 percent of all broadband subscribers.
- Based on current worldwide broadband growth rates, 3.7 million new subscribers will sign up for broadband services each month this year.
- In the US, 670,000 new subscribers every month are projected to sign up for broadband service.
- According to In-Stat estimates, in late February 2006 the total number of worldwide broadband subscribers passed 200 million.

Popular posts from this blog

Banking as a Service Gains New Momentum

The BaaS model has been adopted across a wide range of industries due to its ability to streamline financial processes for non-banks and foster innovation. BaaS has several industry-specific use cases, where it creates new revenue streams. Banking as a Service (BaaS) is rapidly emerging as a growth market, allowing non-bank businesses to integrate banking services into their core products and online platforms. As defined by Juniper Research, BaaS is "the delivery and integration of digital banking services by licensed banks, directly into the products of non-banking businesses, commonly through the use of APIs." BaaS Market Development The core idea is that licensed banks can rent out their regulated financial infrastructure through Application Programming Interfaces (APIs) to third-party Fintechs and other interested companies. This enables those organizations to offer banking capabilities like payment processing, account management, and debit or credit card issuance without