IPTV boost as global fibre subs set to double by 2019
| 08 May 2014
The amount of fibre-based broadband networks capable of supporting very high quality TV and services is set to expand rapidly over the next five years says a report from ABI Research.
The analyst's Broadband Subscribers Market Research report found that the worldwide and fibre-optic fixed-line broadband subscriber base grew 6% in 2013, surpassing 665.4 million subscribers. Moreover it found that the fibre-optic broadband segment grew 29% from 2012 to 126.6 million subscribers in 2013, and the analyst expects that by 2019, fibre-optic broadband subscriptions will grow to 265 million subscribers, with a CAGR of 11.7%.
Chinese operators were found to dominate the fixed broadband subscriber rankings, with China Telecom and China Unicom leading the global fixed broadband market shares with over 100 million and 64 million broadband subscribers respectively at the end of 2013.
On the back of this growth in subs and connections, ABI found that worldwide fibre-optic broadband service revenue grew over 15% to $46 billion in 2013. It noted that operators such as BT and Russia's VimpelCom reported that growth in fibre-optic broadband customers contributed to overall service revenue growth in 2013.
"Since revenue from traditional services such as voice and messaging is declining, innovative services and content over high speed broadband networks are proving essential for operators to maintain overall service revenue growth. ABI Research forecasts that the worldwide fibre-optic broadband market will generate $100 billion in 2019," commented Khin Sandi Lynn, industry analyst.