Research: Growth in Fiber Broadband Penetration Moving to 1B Connections
Fiber has passed DSL as the most common fixed broadband platform across the globe. According to recently released market research from Kagan, a unit of a S&P Global Intelligence, fiber accounts for 43.2 percent of the global market while DSL is reported to be 32 percent.
According to Kagan’s data, worldwide fiber network deployment grew 55.6 percent year over year in 2016, a growth rate that puts fiber broadband connections on track to reach 1 billion subscriber lines by year-end 2021.
The two largest fixed broadband markets, China and the U.S. account for 46.9 percent of the global total in 2016.
Interestingly, China accounts for 34.7 of the global total. Pushed forward by a government initiative to build out broadband, China’s telecoms have been installing a lot of fiber optic cable with broadband connections increasing 45.7 percent in 2016.
In the U.S market, some of the growth can be attributed to the surge coming from fiber-connected commercial buildings. The number of buildings with fiber network access continues to climb and hit 50.4 percent in 2016 compared to a much lower 10.9 percent in 2004. This growth comes just as the new administration and FCC Chairman look at easing regulations to encourage a more competitive marketplace.