Gigabit broadband services will attract at least 100 million global subscribers by 2020, according to a forecast from analyst firm Point Topic.
In comments made to the Broadband Forum, CEO Oliver Johnson said many major markets are expected to adopt gigabit services over the next five years, with coverage in some mature markets possibly approaching 50%.
Johnson predicts the Asia-Pacific region will generate almost 70% of that broadband subscriber growth. He said that G.fast is a vital technology for operators with copper in their networks.
“The rate of growth predicted by Point Topic’s latest figures shows the scale of the issue the broadband industry is facing and why adopting key enabling technologies for ultra-fast access is so important,” Broadband Forum CEO Robin Mersh said. “The growing trend of gigabit services points to the fact that more and more people want to use next-generation services, like 4K video, location-based services, security, home automation, video sharing, gaming and home office collaboration. G.fast is how operators with copper in their networks can still enable all these things.”
Network operators across the globe are currently working to increase the spread of gigabit services. Earlier this month, Huawei and Tele Danmark Communications (TDC) announced they are teaming up to upgrade TDC’s coaxial network in Denmark, making it the first country in the world to upgrade an entire cable network to “Giga coax.”
Competition in the U.S. is especially fierce, with the rollouts of Google Fiber, AT&T’s GigaPower, Comcast’s DOCSIS 3.1-powered gigabit Internet service and Midco’s gigabit service expected to continue through 2016 and beyond.