Over 640m broadband households by 2013
July 13, 2009
The global demand for high-bandwidth applications will jump in the next few years as the number of households with broadband will reach around 650 million by 2013, according to research firm Parks Associates. The firm’s report 'Broadband Services: Global Outlook' warns that service providers will have to continue investing in network technologies to accommodate multiple services such as video-on-demand and converging social-networking applications.
Parks Associates reports the number of broadband households worldwide grew by over 18 per cent in 2008 to exceed 400 million. Asia-Pacific is the largest market, accounting for over 160 million subscribers, and it will have over 49 per cent of the global market share by 2013.