Asia set for $55bn broadband bonanza
Asia set for $55bn broadband bonanza
Asia will be paying $55.1bn a year for broadband access by 2011, according to the latest market research.
The number of broadband subscribers in the region will triple in just five years, from 86.63 million last year, to 235.84 million in 2011, research firm In-Stat predicts.
The lions share of broadband revenue in Asia is currently being generated by a comparatively small section of the regions population.
Last year, more than 60 per cent of the regions total $20.7bn broadband revenue came from subscribers in just two nations: Japan and South Korea.
More than 62 per cent of South Korean consumers, and over 50 per cent of Japanese consumers, have broadband internet connections, according to Forrester Research. The figures for the UK and US are 35 per cent and 39 per cent respectively.
More: vnunet.com
