Fixed Broadband Revenue In Asia-Pacific to Hit $92.2 Billion by 2017, ABI Says
Even amid the flourishing mobile broadband adoption drive, the demand for fixed broadband across the globe is surging. During the 1Q 2012, fixed broadband subscribers topped 586.7 million, resulting in revenue generation of $47.7 billion.
The reason behind the surge in fixed broadband infrastructure across the globe is primarily the socioeconomic benefits of broadband. Countries with high broadband use are constantly upgrading their networks in an effort to raise the quality of service bar.
“Being driven by broadband deployments in China and India, the Asia-Pacific broadband market is expected to grow faster than other regions, generating service revenue of $92.2 billion in 2017,” said Khin Sandi Lynn, research analyst, broadband.
Again, devices connected to the Internet are not limited to PCs and laptops. Today’s digital homes feature an increasing number of connected devices, inlcuding TVs and tablets among a host of other such devices. As the list of connected devices expands, online applications and services are increasingly become commonplace. This has created a growing demand for high-speed broadband services.
In an effort to expand broadband services and to improve on quality of service, MSPs are adopting fiber broadband. Asia-Pacific in 1Q 2012 had close to seven million subscribers. China is one of the nations upgrading its broadband infrastructure with optical fiber. The Chinese government in fact provisioned 80 percent of its $303 billion infrastructure investment for developing broadband services.
By 2015, China Telecom expects 100 million fiber broadband subscribers, while vigorously adopting cloud computing as well as other Internet applications to effectively accelerate broadband adoption.
India is the next country within the Asia-Pacific region to boost broadband. The central government anticipates 175 million broadband subscribers by 2017, based on the surge in the cable digitalization process, supplemented with e-government services across the national banking, education and healthcare sectors.
Edited by Braden Becker