Previous | Next

GLOBAL BROADBAND MARKET GROWS BY 9.3%

Added: (Fri Dec 10 2004)

London, 10th December 2004. Latest research from Quantum Web distributed by BroadGroup suggests the number of broadband subscribers across the world rose to 128 million with 9.30 percent growth over the previous quarter.

The Middle East-Africa region – with 1 million broadband subscribers - has fuelled the fastest quarterly growth with 11.06 percent followed by Europe (9.22%) and the Americas (9.85%). Asia registered the lowest quarterly growth at 8.46 percent but still remains the world’s largest broadband market with 53 million subscribers. Subscriber penetration in the Americas has reached 41.76 million and in Europe 32.8 million.

DSL Service Providers added more than 7.8 million new subscribers, representing 72 per cent of the net broadband additions for the quarter versus 2.5 million of cable (23%) and nearly 600,000 using other broadband access technologies (5%). This marks another successful quarter for DSL Service Providers compared to cable operators.

At the end of Q3 2004, nearly 90% of world broadband subscribers were residential. The number of residential broadband subscribers across the world rose to 115.36 million with a 9.3 percent growth over the second quarter. This percentage is nearly 3 points higher than the growth of residential market of Q2 over Q1.

Quantum-Web suggests that the most important factor fuelling broadband growth in advanced markets is the availability of cheaper broadband packages or tariff reductions introduced by service providers. For instance the price of broadband in Europe has fallen by 23% on average since the beginning of the year. This translated into nearly 3 million new residential subscribers across the region.

Quantum-Web is also forecasting double digit growth for the residential segment in the following quarter as the consequence of further price reductions and wider availability of broadband content globally.

For further information please visit www.broad-group.com
telephone + 44 (0) 20 7385 9218

Submitted by: Find out more. Disclaimer: Pressbox disclaims any inaccuracies in the content contained in these releases. If you would like a release removed please send an email to remove@pressbox.co.uk together with the url of the release.