Broadband Services Market Size to Worth Around USD 720.94 Bn by 2030

The worldwide Broadband Services market measurement is anticipated to achieve USD 720.94 billion by 2030 and is anticipated to increase at a CAGR of 12.1% from 2021 to 2030.

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Growth Factors

 The rapidly escalating demand for broadband services due to their ability to offer higher date access to the internet using a wide spectrum of technologies is a major growth propeller for the market.

Digital transformation of several industry verticals requires broadband services, thereby promoting the market growth. For instance, increasing online commerce for retail goods and services, digitalization of hospital records, e-government initiatives, and rapidly rising platforms for media and entertainment content are notably augmenting the market growth. Wireless technology holds immense potential in accelerating the global digital revolution across verticals through productivity enhancements and cost-effectiveness.

Report Coverage

Report Scope Details
Market Size USD 720.94 billion by 2030
Growth Rate CAGR of 12.1% From 2021 to 2030
Base Year 2021
Forecast Period 2021 to 2030
Segments Covered Broadband Connection, End-user
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned COMCAST; AT&T; Verizon; Cox Communications, Inc.

By Broadband Connection Analysis

In terms of revenue, fiber optics dominated the market with a share of 36.42% in 2020. This high share is attributable to the capacity of fiber optics to carry superior quality network signals from the operator’s equipment directly to an enterprise, business, or household.

Wireless broadband service is positioned to demonstrate the fastest growth through the forecast period to become the largest segment among all broadband connections by 2028. The rapid growth is supported by technological advancements and user convenience.

By End-user Analysis

In terms of revenue, the business segment captured the highest share of 46.37% in 2020. Most businesses require a fast and consistent internet connection to communicate internally with employees and externally with business partners & customers.

The trend of online learning is speedily gaining momentum as schools, colleges, and universities promptly adopt digital education, thereby requiring a reliable internet connection.

By Regional Analysis

The Asia Pacific accounted the market with a share of 27.32% in 2020, driven by broad accessibility, technological advancements, and proactive government initiatives. Asia Pacific countries-forerun by China and Japan-spontaneously embrace ultra-fast broadband, thereby propelling the usage rates and enlarging the consumer pool over the next few years.

Europe held a market share of 24.77% in 2020. According to the European Commission (EC), nearly 96.7% of households in Europe have access to fixed broadband services. The EC intends to transform the region into a Gigabit Society by 2025. 

Key Players

  • Comcast
  • AT&T
  • Verizon Communications, Inc.
  • Cox Communications, Inc.

Market Segmentation

  • By Broadband Connection
    • Fiber Optic
    • Wireless
    • Satellite
    • Cable
    • Digital Subscriber Line (DSL)
  • By End-user
    • Business
    • Household
    • Others
  • Regional
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • U.K.
      • Germany
      • France
    • Asia Pacific
      • China
      • Japan
      • India
      • South Korea
    • South America
      • Brazil
    • Middle East and Africa (MEA)

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Reasons to Purchase this Report:

– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Table of Contents

Chapter 1.  Introduction

1.1.  Research Objective

1.2.  Scope of the Study

1.3.  Definition

Chapter 2.  Research Methodology

2.1.  Research Approach

2.2.  Data Sources

2.3.  Assumptions & Limitations

Chapter 3.  Executive Summary

3.1.  Market Snapshot

Chapter 4.  Market Variables and Scope

4.1.  Introduction

4.2.  Market Classification and Scope

4.3.  Industry Value Chain Analysis

4.3.1.    Raw Material Procurement Analysis

4.3.2.    Sales and Distribution Channel Analysis

4.3.3.    Downstream Buyer Analysis

Chapter 5.  Market Dynamics Analysis and Trends

5.1.  Market Dynamics

5.1.1.    Market Drivers

5.1.2.    Market Restraints

5.1.3.    Market Opportunities

5.2.  Porter’s Five Forces Analysis

5.2.1.    Bargaining power of suppliers

5.2.2.    Bargaining power of buyers

5.2.3.    Threat of substitute

5.2.4.    Threat of new entrants

5.2.5.    Degree of competition

Chapter 6.  Competitive Landscape

6.1.1.    Company Market Share/Positioning Analysis

6.1.2.    Key Strategies Adopted by Players

6.1.3.    Vendor Landscape

6.1.3.1.        List of Suppliers

6.1.3.2.        List of Buyers

Chapter 7.  Global Broadband Services Market, By Broadband Connection

7.1.  Broadband Services Market, by Broadband Connection, 2021-2030

7.1.1.    Fiber Optic

7.1.1.1.        Market Revenue and Forecast (2017-2030)

7.1.2.    Wireless

7.1.2.1.        Market Revenue and Forecast (2017-2030)

7.1.3.    Satellite

7.1.3.1.        Market Revenue and Forecast (2017-2030)

7.1.4.    Cable

7.1.4.1.        Market Revenue and Forecast (2017-2030)

7.1.5.    Digital Subscriber Line (DSL)

7.1.5.1.        Market Revenue and Forecast (2017-2030)

Chapter 8.  Global Broadband Services Market, By End-user

8.1.  Broadband Services Market, by End-user, 2021-2030

8.1.1.    Business

8.1.1.1.        Market Revenue and Forecast (2017-2030)

8.1.2.    Household

8.1.2.1.        Market Revenue and Forecast (2017-2030)

8.1.3.    Others

8.1.3.1.        Market Revenue and Forecast (2017-2030)

Chapter 9.  Global Broadband Services Market, Regional Estimates and Trend Forecast

9.1.  North America

9.1.1.    Market Revenue and Forecast, by Broadband Connection (2017-2030)

9.1.2.    Market Revenue and Forecast, by End-user (2017-2030)

9.1.3.    U.S.

9.1.3.1.        Market Revenue and Forecast, by Broadband Connection (2017-2030)

9.1.3.2.        Market Revenue and Forecast, by End-user (2017-2030)

9.1.4.    Rest of North America

9.1.4.1.        Market Revenue and Forecast, by Broadband Connection (2017-2030)

9.1.4.2.        Market Revenue and Forecast, by End-user (2017-2030)

9.2.  Europe

9.2.1.    Market Revenue and Forecast, by Broadband Connection (2017-2030)

9.2.2.    Market Revenue and Forecast, by End-user (2017-2030)

9.2.3.    UK

9.2.3.1.        Market Revenue and Forecast, by Broadband Connection (2017-2030)

9.2.3.2.        Market Revenue and Forecast, by End-user (2017-2030)

9.2.4.    Germany

9.2.4.1.        Market Revenue and Forecast, by Broadband Connection (2017-2030)

9.2.4.2.        Market Revenue and Forecast, by End-user (2017-2030)

9.2.5.    France

9.2.5.1.        Market Revenue and Forecast, by Broadband Connection (2017-2030)

9.2.5.2.        Market Revenue and Forecast, by End-user (2017-2030)

9.2.6.    Rest of Europe

9.2.6.1.        Market Revenue and Forecast, by Broadband Connection (2017-2030)

9.2.6.2.        Market Revenue and Forecast, by End-user (2017-2030)

9.3.  APAC

9.3.1.    Market Revenue and Forecast, by Broadband Connection (2017-2030)

9.3.2.    Market Revenue and Forecast, by End-user (2017-2030)

9.3.3.    India

9.3.3.1.        Market Revenue and Forecast, by Broadband Connection (2017-2030)

9.3.3.2.        Market Revenue and Forecast, by End-user (2017-2030)

9.3.4.    China

9.3.4.1.        Market Revenue and Forecast, by Broadband Connection (2017-2030)

9.3.4.2.        Market Revenue and Forecast, by End-user (2017-2030)

9.3.5.    Japan

9.3.5.1.        Market Revenue and Forecast, by Broadband Connection (2017-2030)

9.3.5.2.        Market Revenue and Forecast, by End-user (2017-2030)

9.3.6.    Rest of APAC

9.3.6.1.        Market Revenue and Forecast, by Broadband Connection (2017-2030)

9.3.6.2.        Market Revenue and Forecast, by End-user (2017-2030)

9.4.  MEA

9.4.1.    Market Revenue and Forecast, by Broadband Connection (2017-2030)

9.4.2.    Market Revenue and Forecast, by End-user (2017-2030)

9.4.3.    GCC

9.4.3.1.        Market Revenue and Forecast, by Broadband Connection (2017-2030)

9.4.3.2.        Market Revenue and Forecast, by End-user (2017-2030)

9.4.4.    North Africa

9.4.4.1.        Market Revenue and Forecast, by Broadband Connection (2017-2030)

9.4.4.2.        Market Revenue and Forecast, by End-user (2017-2030)

9.4.5.    South Africa

9.4.5.1.        Market Revenue and Forecast, by Broadband Connection (2017-2030)

9.4.5.2.        Market Revenue and Forecast, by End-user (2017-2030)

9.4.6.    Rest of MEA

9.4.6.1.        Market Revenue and Forecast, by Broadband Connection (2017-2030)

9.4.6.2.        Market Revenue and Forecast, by End-user (2017-2030)

9.5.  Latin America

9.5.1.    Market Revenue and Forecast, by Broadband Connection (2017-2030)

9.5.2.    Market Revenue and Forecast, by End-user (2017-2030)

9.5.3.    Brazil

9.5.3.1.        Market Revenue and Forecast, by Broadband Connection (2017-2030)

9.5.3.2.        Market Revenue and Forecast, by End-user (2017-2030)

9.5.4.    Rest of LATAM

9.5.4.1.        Market Revenue and Forecast, by Broadband Connection (2017-2030)

9.5.4.2.        Market Revenue and Forecast, by End-user (2017-2030)

Chapter 10.  Company Profiles

10.1.              Comcast

10.1.1.  Company Overview

10.1.2.  Platform Offerings

10.1.3.  Financial Performance

10.1.4.  Recent Initiatives

10.2.              AT&T

10.2.1.  Company Overview

10.2.2.  Platform Offerings

10.2.3.  Financial Performance

10.2.4.  Recent Initiatives

10.3.              Verizon Communications, Inc.

10.3.1.  Company Overview

10.3.2.  Platform Offerings

10.3.3.  Financial Performance

10.3.4.  Recent Initiatives

10.4.              Cox Communications, Inc.

10.4.1.  Company Overview

10.4.2.  Platform Offerings

10.4.3.  Financial Performance

10.4.4.  Recent Initiatives

Chapter 11.  Research Methodology

11.1.              Primary Research

11.2.              Secondary Research

11.3.              Assumptions

Chapter 12.  Appendix

12.1.              About Us

12.2.              Glossary of Terms

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