[iptv news] The global fixed broadband market has grown steadily in 2010 in terms of subscriber additions as well as service revenue, with revenues for the third quarter of this year rising 10% year-on-year to reach US$ 44.4bn, according to a new report from ABI Research.
DSL is still the dominant access technology, and currently accounts for nearly 60% of fixed broadband service revenues, according to the report, although this share is expected to dwindle: “Due to market saturation in most regions, DSL broadband’s growth rate is expected to slow, especially in those Western European countries where DSL penetration is greater than 50%,” said Jason Blackwell, digital home practice director at ABI Research.
Global adoption of fibre-based broadband has been growing fast in 2010, according to the research firm, as they can provide high enough speeds to offer consumers advanced services such as IPTV, video-on-demand and other interactive applications. ABI Research predicts that fibre broadband services will generate revenues of more than US$ 30bn in 2011.
Customer demand is described as driving the push for faster and more reliable broadband access, with UK cable operator Virgin Media named as showing a 43% yearly increase in its customer base for high-speed broadband services. Broadband operators around the globe will need to continue innovating to improve broadband speeds in order to maintain growth in Average Revenues Per User (ARPUs) and reduce churn.
The research firm also projects that global revenues from fixed broadband services should approach US$ 186bn in 2011.
Fibre broadband to generate over US$ 30bn next year