Global Broadband Industry
The global broadband industry continues to go from strength to strength, with the number of households with internet access approaching close to 2.5 billion in 2015. About 35% of households with access to the internet have fixed broadband access, according to research from Paul Budde Communication.
Industry performance is fuelled by the availability and speed of broadband, making this one of the fastest-growing segments in the telecoms sector in the US and Canada. Within the EU, many governments have invested public funds in upgrading their broadband infrastructure. Fiber rollouts in various regions, especially the Gulf, are rising to match growing international bandwidth.
In Latin America, a growing number of countries continue to adopt national broadband plans, further driving growth in the sector. In Africa, fiber bandwidth has grown a hundred times in a three-year period, though $20 billion needs still to be invested. The Australian government has invested heavily in supporting the National Broadband Network (NBN).