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Real Demand For Worldwide Broadband Services Despite ‘Suppressant’ Economy

Real Demand For Worldwide Broadband Services Despite ‘Suppressant’ Economy

There is a very real demand for broadband internet access worldwide, even if growth so far has perhaps not lived up to the grand expectations of the days of the internet boom. This is one of the conclusions drawn by Pioneer Consulting in its Broadband Access 2002 report.

The group says that demand for broadband services is ‘real despite the suppressant effects of the economy’. Global revenues are forecast to grow from the current $93.4 billion to $229.7 billion in 2008.

“Global service revenue will grow from 2002 to 2008 for leased line, DSL, cable modem service, fixed wireless, satellite and other forms of broadband access. However, the rates and patterns of growth will vary markedly by technology and by region,” says Paul Kellett, senior director of research at Pioneer.

Of the competing technologies, DSL is predicted to emerge as the leader, but the other technologies will also play major roles, according to the research.

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