ABI: Global Broadband Subscriptions Up 6%8 May, 2014 By: Chris Tribbey
As of the end of 2013 there were 665.4 million broadband subscribers to cable, DSL and fiber-optic fixed-line broadband worldwide, a jump of 6% year over year, according to a new report from ABI Research.
Fiber-optic broadband subscriptions saw the biggest jump, up 29% from 2012 to 126.6 million subscribers, and by 2019, fiber-optic broadband subscriptions are expected to grow to 265 million subscribers. That segment’s revenue grew more than 15% to $46 billion.
“Since revenue from traditional services such as voice and messaging is declining, innovative services and content over high-speed broadband networks are proving essential for operators to maintain overall service revenue growth,” said ABI analyst Khin Sandi Lynn. “ABI Research forecasts that the worldwide fiber-optic broadband market will generate $100 billion in 2019.”
Global cable broadband subscriptions were up almost 7% to 161 million subscribers, though the DSL broadband market was down approximately 1% to 378 million subscribers.
“Global DSL broadband service revenue dropped nearly 2% in 2013, mainly due to a declining subscriber base and average revenue per user in the Asia-Pacific,” said Jake Saunders, VP and practice director of core forecasting for ABI.