Broadband booms in emerging economies
It is the emerging regions of Asia, Latin America and the Middle East/Africa (MEA) which are driving new broadband activity this year with the total number of global broadband subscribers reaching 700 million, according to analyst IHS iSuppli.
Broadband subscriber numbers in these emerging regions projected to rise by 17.4% in 2012, growing to 375 million, up from 320 million in 2011.
The predicted growth numbers for North America and Europe are only 6.8%, increasing to 298 million, up from 279 million in 2011.
“Broadband growth will be quickest in the world’s currently underpenetrated or underserved markets, typically found in less economically advanced territories,” said Lee Ratliff, principal analyst for broadband & digital home research at IHS.
Overall, the number of global broadband subscribers will climb to 672.9 million in 2012, up a solid 13 percent from 598.3 million in 2011.
Although the MEA region will experience the fastest growth of all regions, the total number of broadband subscribers there remains the smallest at 18.7 million, up from 13.6 million in 2011.
The two markets with slower growth anticipated this year include Europe and North America, with modest increases of 8% and 6%, respectively.
In Europe subscriber growth is boosted slightly by the expanding Eastern Europe market.
The Top 3 territories in Europe are Russia with 28.8 million, Germany with 28.3 million and the United Kingdom with 26.4 million.