More than 650 million households worldwide will have broadband by...
More than 650 million households worldwide will have broadband by the end of 2013, and 430 million will have a data network, research firm Parks Associates said Wednesday in a white paper. Parks also said broadband service providers will have…
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deployed 120 million residential gateways and routers worldwide by 2017; just 75 million were deployed by the end of 2012. That growth will result in rising revenue for providers, with revenue in the U.S. from IP-connected home service bundles forecast to reach $780 million this year, growing to $1 billion in 2014, Parks said. Consumers are already beginning to “demand a clear value proposition on core functions before they start adding additional features,” said Parks President Stuart Sikes in a news release. “For example, connected cars represent a key area of growth and a hot topic at CES. Approximately one-third of U.S. car owners have in-vehicle connectivity, but our research shows the most popular apps relate to navigation and vehicle performance. To remain competitive, service providers and CE manufacturers must ensure their core offerings remain relevant to the connected consumer” (http://xrl.us/bn99ep).