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Global Broadband Industry to Go Fast Pace in Coming Years
Sep 24, 2008

The global broadband industry is expected to rise to 2.1 Billion users by 2015 and impact economic growth of both developed and developing nations.

Analysys Mason, a telecom research company, has expected the number of broadband users worldwide to rise to 2.1 Billion by 2015, as reported by
internetnews.

The broadband industry is expected to generate service revenue of $784 Billion worldwide by 2015, a tremendous increase of 2400% from the current levels of wireless broadband penetration. Moreover, High Speed Packet Access (HSPA), a collection of 3.5G technologies, which help to improve Universal Mobile Telecommunications System (UMTS), will support more than 50% of wireless broadband subscribers by 2015 end. Also, HSPA users are expected to increase to 1.1 Billion by 2015 from 61 Million users this year. The HSPA technology will provide service to 98 Million customers globally by 2015, mostly in developing nations.

New technological developments, like wireless broadband and 4G, are the major reasons for this high growth forecast. 4G technologies such as LTE - that improves UMTS - and WiMAX - that offers data without wire connectivity - will significantly improve the network capacity and speed, leading to a rise in the number of new subscribers.

Moreover, increasing accessibility of affordable broadband services for mobile phones, data services and mobile devices are boosting the revenue of wireless broadband market in developed countries where it has reached the saturation point. The number of broadband users will tremendously increase with rising penetration of wireless services in the emerging countries. Also, with rapid development in the emerging countries, the demand for quality data services has gone up, which will raise the number of wireless broadband subscribers.

In addition, the penetration of WiMAX technology has come to a halt in the US-based firms owing to problems in building network and slow shipment of compatible handsets. Hence, the WiMAX technology will be rolled back from the developed markets by cellular and fixed broadband services. Subsequently, LTE will supersede WiMAX by 2015.

According to a Research Analyst at
RNCOS, “The global broadband industry is expected to expand rapidly by 2015 on the back of new technologies deployments. It will positively impact economies of both developed and developing nations as it boosts growth in the IT sector. Also, other related industries such as electronics and semiconductor will witness growth with development in the global broadband industry.”

Related Market Research Reports: 
Middle East Broadband Forecast to 2010
Global IT Security Market Forecast to 2012
Global Mobile TV Forecast to 2010