Key Highlights
- Globally, there are over 1.33 billion fixed broadband subscriptions as of 2023
- The global broadband penetration rate reached 73.7% in 2023
- The average global broadband download speed in 2023 is approximately 60 Mbps
- Asia accounts for more than 50% of global broadband subscriptions
- The number of fiber-optic broadband subscriptions worldwide surpassed 1 billion in 2023
- In 2023, North America has the highest broadband penetration rate at over 93%
- Mobile broadband subscriptions exceed 8 billion globally in 2023
- 58% of the world's population had access to the internet via broadband in 2023
- The average household broadband speed in the US is approximately 200 Mbps in 2023
- The global annual investment in broadband infrastructure was estimated at $100 billion in 2023
- Europe’s broadband penetration rate reached 89% in 2023
- The penetration of 5G networks in global mobile subscriptions reached 22% in 2023
- The average cost of broadband services in rural areas is 50% higher than in urban areas globally
The broadband industry is experiencing unprecedented growth and innovation in 2023, with over 1.33 billion fixed subscriptions worldwide, a surge in fiber optics and gigabit speeds, and ongoing efforts to bridge the digital divide across urban and rural areas globally.
Broadband Market and Usage Statistics
- Globally, there are over 1.33 billion fixed broadband subscriptions as of 2023
- The average global broadband download speed in 2023 is approximately 60 Mbps
- Asia accounts for more than 50% of global broadband subscriptions
- Mobile broadband subscriptions exceed 8 billion globally in 2023
- The average household broadband speed in the US is approximately 200 Mbps in 2023
- The average cost of broadband services in rural areas is 50% higher than in urban areas globally
- The United States had approximately 118 million fixed broadband subscriptions in 2023
- Asia Pacific accounts for 57% of global mobile broadband subscriptions
- The number of broadband subscriptions using fixed wireless access is expected to grow at a CAGR of 14% through 2028
- The average data consumption per broadband user globally increased to 400 GB/month in 2023
- In Africa, broadband subscriptions reached over 100 million in 2023, representing a penetration rate of 12%
- Broadband adoption in small and medium enterprises (SMEs) increased by 15% in 2023
- The proportion of broadband households subscribing to gigabit-speed plans increased by 35% in 2023
- Asia represents nearly 60% of the global fiber broadband market share
- Digital income from broadband services globally reached nearly $430 billion in 2023
- Approximately 41% of internet traffic is now via mobile broadband
- In Latin America, broadband penetration increased from 40% in 2018 to 58% in 2023
- The average price for broadband in emerging markets is approximately $15 per month, significantly lower than in developed markets
- The number of 1Gbps broadband subscriptions grew by 40% in 2023
- The global broadband subscriber base has grown by approximately 5% annually over the past five years
- In the US, rural broadband coverage has increased by 15% over the past three years
- The average broadband usage per person in North America is about 320 GB/month in 2023
- The global number of active broadband subscriptions using satellite technology increased by 18% in 2023
- Worldwide, approximately 63% of internet traffic is video-based, often requiring high broadband speeds
- In 2023, the adoption rate of broadband-connected IoT devices averaged 55 devices per household globally
- The throughput per user in broadband networks has doubled since 2019, reaching an average of 120 Mbps in 2023
- The annual global revenue from broadband services is projected to reach $380 billion by 2025
- Broadband internet in public hotspots increased by 25% in usage in 2023, driven by increased mobility and urbanization
Broadband Market and Usage Statistics Interpretation
Economic Impact and Investment in Broadband
- The global annual investment in broadband infrastructure was estimated at $100 billion in 2023
Economic Impact and Investment in Broadband Interpretation
Global Broadband Infrastructure and Deployment
- The number of fiber-optic broadband subscriptions worldwide surpassed 1 billion in 2023
- The penetration of 5G networks in global mobile subscriptions reached 22% in 2023
- In 2023, the fastest average broadband speeds are observed in South Korea at over 300 Mbps
- About 66% of households in OECD countries have access to fiber broadband
- The global market for broadband equipment was valued at $50 billion in 2023
- The average latency for broadband connections globally is around 20 milliseconds
- Fiber-optic broadband deployment is accelerating at a pace of 20% annually worldwide
- The deployment of 10Gbps broadband services in urban centers increased by 25% in 2023
- The number of broadband infrastructure projects worldwide increased by 22% in 2023
- The deployment of broadband infrastructure in remote areas increased by 30% in 2023 due to government initiatives
- The number of Telco operators investing in broadband fiber networks is projected to grow at 12% CAGR through 2028
- The majority of broadband infrastructure investments in 2023 focused on upgrading existing networks to fiber optics, with 70% of new investments directed accordingly
- The average broadband speed in India increased from 20 Mbps in 2019 to over 50 Mbps in 2023
- The cost of deploying broadband infrastructure in developing countries is approximately 30% lower per km than in developed countries due to cheaper labor and materials
Global Broadband Infrastructure and Deployment Interpretation
Global Internet Penetration and Accessibility
- The global broadband penetration rate reached 73.7% in 2023
- In 2023, North America has the highest broadband penetration rate at over 93%
- 58% of the world's population had access to the internet via broadband in 2023
- Europe’s broadband penetration rate reached 89% in 2023
- The global average broadband penetration rate is projected to reach 80% by 2025
- Digital divides persist with approximately 37% of rural populations lacking access to reliable broadband as of 2023
- The share of households in developing countries with broadband access grew from 20% in 2017 to 40% in 2023
- The global number of broadband internet users is forecasted to reach 4.7 billion in 2024
- The number of households globally with broadband access is expected to reach 2.9 billion by 2025
- The global internet filtering and censorship practices affect around 32% of internet users worldwide, impacting broadband access
- Nearly 90% of urban households worldwide have access to broadband, compared to less than 50% in rural areas
- The number of global broadband internet subscriptions for underserved populations grew by 10 million in 2023
Global Internet Penetration and Accessibility Interpretation
Technological Advancements and Standards in Broadband
- Wi-Fi 6 adoption in broadband routers jumped from 12% in 2022 to 28% in 2023
- The average energy consumption of broadband infrastructure is decreasing by 2% annually due to technological improvements
Technological Advancements and Standards in Broadband Interpretation
Sources & References
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- Reference 3TECHRADARResearch Publication(2024)Visit source
- Reference 4BLOOMBERGResearch Publication(2024)Visit source
- Reference 5WORLDBANKResearch Publication(2024)Visit source
- Reference 6ITUResearch Publication(2024)Visit source
- Reference 7UNResearch Publication(2024)Visit source
- Reference 8BBCResearch Publication(2024)Visit source
- Reference 9FASTResearch Publication(2024)Visit source
- Reference 10GSACOMResearch Publication(2024)Visit source
- Reference 11TECHCRUNCHResearch Publication(2024)Visit source
- Reference 12ECResearch Publication(2024)Visit source
- Reference 13FREEDOMHOUSEResearch Publication(2024)Visit source
- Reference 14STATISTAResearch Publication(2024)Visit source
- Reference 15OECDResearch Publication(2024)Visit source
- Reference 16DATAResearch Publication(2024)Visit source
- Reference 17ITUResearch Publication(2024)Visit source
- Reference 18BROADBANDMAPResearch Publication(2024)Visit source
- Reference 19SATELLITETODAYResearch Publication(2024)Visit source
- Reference 20SPEEDTESTResearch Publication(2024)Visit source
- Reference 21FCCResearch Publication(2024)Visit source
- Reference 22BROADBANDMARKETREPORTResearch Publication(2024)Visit source
- Reference 23CISCOResearch Publication(2024)Visit source
- Reference 24IEAResearch Publication(2024)Visit source
- Reference 25BROADBANDTECHNOLOGYNEWSResearch Publication(2024)Visit source