The global demand for residential broadband is projected to remain high even after the Covid-19 pandemic recovery and 5G fixed wireless access (FWA) will be the fastest-growing residential broadband segment, increasing at a CAGR of 71% to exceed 58 million subscribers in 2026, as per ABI Research <\/p>\n
Amid the pandemic, the worldwide residential broadband market reached a subscribers base of over 1.1 billion in 2020, growing 4% over the previous year, it said. <\/p>\n
A number of factors including remote working, online learning, e-commerce, and virtual healthcare drove high-speed demand throughout 2020 while an increase in the use of home entertainment such as video streaming and online gaming also pushed existing broadband users to upgrade to a higher-tier package. Households without broadband internet access signed up for new subscriptions, it said. <\/p>\n
Khin Sandi Lynn, Industry Analyst at ABI Research said internet-connected devices, smart TVs, and smart home devices, along with online media consumption will continue to drive broadband adoption in the coming years. <\/p>\n
::…many businesses are allowing remote working for some of their employees after the pandemic, which will boost the need for home broadband services even further,” Lynn added. <\/p>\n
ABI Research said the ongoing 5G network deployment alongside 5G mmWave solutions will allow service providers to provide 5G FWA in urban and rural areas. <\/p>\n
5G FWA services are expected to represent 4% of residential broadband services in 2026, growing from less than 1% in 2020, it said. <\/p>\n
As residential broadband penetration saturates mature markets, competition among broadband operators is likely to create challenges to maintain market shares. <\/p>\n
\u201cProviding advanced home networking devices, internet security, and home network self-diagnosis tools can help service providers reduce churn and improve average revenue per user,” Lynn said.<\/p>\n","protected":false},"excerpt":{"rendered":"
The global demand for residential broadband is projected to remain high even after the Covid-19 pandemic recovery and 5G fixed wireless access (FWA) will be the fastest-growing residential broadband segment, increasing at a CAGR of 71% to exceed 58 million subscribers in 2026, as per ABI Research Amid the pandemic, the worldwide residential broadband market reached a subscribers base of over 1.1 billion in 2020, growing 4% over the previous year, it said. A number of factors including remote working, online learning, e-commerce, and virtual healthcare drove high-speed demand throughout 2020 while an increase in the use of home entertainment […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[8],"tags":[],"class_list":["post-798863","post","type-post","status-publish","format-standard","hentry","category-telecom"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/798863","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=798863"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/798863\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=798863"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=798863"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=798863"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}