More than one-third of the world’s households will have a fixed broadband connection by the end of this year, according to US firm ABI Research, which is forecasting there will be 618.7mn subscribers to fixed broadband services by the end of 2012, up 7.3% from one year previously.
The global fixed broadband market generated service revenues of $188bn in 2012, up 7 per cent from 2011, and is set to continue growing to reach $251bn by 2018, according to US firm ABI Research.
The number of households in North American using the Multimedia over Coax Alliance (MoCA) standard as their home networking technology of choice will exceed 25 million by 2014, with similar numbers for the HomePlug standard in Western Europe, according to ABI Research.
By 2014, global shipments of core home networking equipment and network-enabled media devices will exceed one billion units, according to ABI Research. But wifi is expected to remain the most common technology used to connect these media devices.