Increased Broadband Demand Will Drive Satellite Access, Says Pioneer
New research from Pioneer Consulting suggests that the increased demand for internet access and the subsequent increase in demand for broadband services may lead to significant growth in the satellite broadband market. The broadband access market, worth $480.5 million in 2001, is forecast to be worth $1,649.57 in 2008 as broadband subscribers number 8.2 million.
Global Estimated Internet Users 1989-2008*
1989
0
1990
5
1991
4,324
1992
6,897
1993
9,298
1994
15,979
1995
34,052
1996
57,427
1997
93,442
1998
152,189
1999
233,321
2000
344,620
2001
460,256
2002
1,254,291
*All figures 000s
Source: Pioneer Consulting, January 2002
The market for broadband satellite service providers is expected to grow from $1.1 billion in 2001 to almost $27 billion in 2008 whilst opportunities for equipment suppliers will increase from $0.6 billion to $1.6 billion by 2008.
Worldwide Internet Bandwidth Demand (in Gbps)
2001
2008
North America
1,049.2
21,931.2
Latin America
173.9
16,495.4
Europe
885.9
27,373.0
Asia Pacific
1,191.2
31,192.9
Africa/ROW
51.0
1,890.9
Total
3,351.2
98,883.4
Source: Pioneer Consulting, January 2002
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