GITNUX MARKETDATA REPORT 2024
Modem Lifespan Statistics
The average lifespan of a modem is typically around 3 to 5 years.
In this post, we will explore various statistics related to modem lifespan, usage, and maintenance. From average lifespan figures to market values and the impact of upgrading modems, these statistics shed light on the crucial role modems play in our modern digital lives. Let’s dive in and uncover the fascinating insights into the world of modems.
Statistic 1
"The average lifespan of a modem is generally about 2-5 years."
Statistic 2
"Top-quality modems can last up to eight years if maintained properly."
Statistic 3
"About 66% of residences in the US have a modem."
Statistic 4
"In 2019 alone, 194.2 million modems/routers were shipped worldwide."
Statistic 5
"It is recommended to replace your modem every three to four years, which is before a typical modem lifespan ends."
Statistic 6
"In 2020, 42% of households worldwide had a home modem."
Statistic 7
"Technically, a modem can even last 10 years but it faultlessly performs only in the first three years."
Statistic 8
"In 2021, the modem market size was valued at $24.4 billion."
Statistic 9
"Modems are the second most likely piece of equipment in a network to fail after power supplies."
Statistic 10
"Modem replacement or upgrade can lead to a 200% increase in download speeds."
Statistic 11
"80% of people do not upgrade their modem until a technical issue forces them to."
Statistic 12
"Environmental factors such as heat can reduce a modem's lifespan by 25%."
Statistic 13
"Modem malfunction causes around 12% of internet connection issues."
Statistic 14
"Upgrading an old modem can provide an average speed increase of 35%."
Statistic 15
"On average, replacing a faulty modem costs $50-$120."
Statistic 16
"In the US, 80% of households with a modem lease it from their Internet service provider, despite the long-term cost being higher than purchasing."