Skip to main content

Growing UK Demand for Ultrafast Broadband Future

Government leaders in nations that seek to prosper in the Global Network Economy must ensure that they have the broadband internet access infrastructure that enables them to compete -- technology capabilities and retail price -- with the recognized market leaders around the world.

Incumbent telecom service providers typically set the pace of infrastructure investment. However, broadband capabilities sometimes don't keep up with market demand and a stimulus is required.

In the U.S. market that provocation came from the launch of Google Fiber deployments. In the UK market, the government regulator, Ofcom, has provided the catalyst for progress. One of the keys to economic growth in the 21st Century is access to adequate telecom networks.

Raising Expectations for UK Broadband

The UK will outperform other major European countries on a range of fixed telecoms measures for the next five years, and become one of the best performing countries worldwide by 2020, according to the latest market study by Analysys Mason.

The study was commissioned by BT and presents data up to 2014 alongside Analysys Mason's forecast to 2020, marks the UK as the most competitive broadband market of all the countries it features.

"The debate continues to rage over how the UK fares when it comes to broadband speeds, coverage and pricing, and this report shows it is doing very well," said Matt Yardley, partner at Analysys Mason.

The study found that the UK ranks:
  • First for superfast broadband coverage: more than 78 percent of premises could access superfast broadband at the end of 2014 in the UK. This compares with 77 percent in Germany, the next best-performing country, and 34 percent in Italy, the worst performing of the big five. Analysys Mason expects that by 2018, more than 95 percent of UK premises will have access to superfast broadband, keeping it ahead of the other large European markets.
  • First for superfast broadband take-up: adoption was higher in the UK at the end of 2014 than anywhere else in the big five, at 28 percent of premises. By 2020, Analysys Mason predicts that 78 percent of UK premises will subscribe to superfast broadband, outperforming the big five and even Japan (64 percent) and the USA (69 percent).
  • First for the overall competitiveness of the broadband market: based on retail market shares.
  • Second for retail broadband prices: supported by the UK's wholesale prices which are between the lowest available and the European average.

Mr. Yardley adds, "The UK consistently outperforms the other four major European countries, and is often competitive against the best-performing countries in the world." That being said, BT has responded to requests for a "radical reform" of telecom policy in the nation.

Popular posts from this blog

Artificial Intelligence Growth at an Inflection Point

Business technology investment no longer follows a predictable path to growth. The global venture capital (VC) investment in artificial intelligence (AI) was close to its peak in 2021 reaching $22.3 billion, according to the latest worldwide market study by ABI Research. This is just $400 million shy of the historical high of $22.7 billion recorded in 2019. Compared to the $15 billion recorded in 2020, the market made a remarkable recovery, with a 48.5 percent year-on-year growth. Will the future AI marketplace return to stable growth, or will it remain volatile? Artificial Intelligence Market Development "COVID-19 greatly accelerated the speed of digital transformation within the enterprise. Businesses are looking for solutions to work processes automation, customer care, due diligence, transcription and translation, and sales and marketing enablement tools," said Lian Jye Su, research director at ABI Research . At the same time, COVID-19 led to the Great Resignation of 2021

How a Digital-First CEO Leads Transformation

Some leaders reject the notion that "wait and see" is the best response to disruptive change. Savvy senior executives are already driving digital business transformation throughout their organization in an effort to gain a bold strategic advantage. According to the latest market study by International Data Corp (IDC), Digital-First CEOs plan to drive at least half of their income from digital business products, services, and experiences by 2027 -- that's ahead of the market average of 39 percent. Driven by their response to the COVID-19 pandemic, these business leaders have changed how they think about the relationship between business and technology, and how they approach the next digital transformation era -- from scaling digital technology to guiding a viable digital business. Digital Business Market Development IDC defines digital business as value creation based on technology, which entails: 1) Automated customer-facing processes and internal operations; 2) Provision

Digital Solutions for Industrial & Manufacturing Firms

Executive leaders of fast-moving consumer goods (FMCG) are seeking guidance on how to apply new business technology in their manufacturing operations. CIOs and CTOs are tasked with gaining insight into the best solutions for digital transformation. ABI Research evaluated the impact politics, regulation, the economy, supply chain, ESG, and technology are having on FMCG, pharma, producers of steel, chemicals, pulp and paper -- as well as the mining and oil & gas sectors. Digital Transformation Market Development "Our assessment found that the FMCG sector is under pressure from all sides," says Michael Larner, industrial & manufacturing research director at ABI Research . Securing raw materials is challenging considering lockdowns in China and limited grain supplies from Ukraine. Supply shocks are raising input costs, and operating costs are rising with higher energy costs coupled with the pressure to pay higher wages and work sustainably. "We all hoped that with th