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Despite Growth, Still Room For Improvement
1. Despite Growth, Still Room For Improvement
FOR IMMEDIATE RELEASE- London, MAY 27, 2014 –
The market analysis review of fourth quarter of 2013 according to
Quantum-Web Telecoms Market Monitoring Service shows statistics for
broadband usage throughout the world measured in market share by
users. While it is often assumed that the North and Latin America
Broadband statistics will be the highest, at a share of 166,470,000
they actually come in second and far behind the Asia-Pacific
Broadband statistics, with a market share of 289,550,000. (Figure1).
Figure1- World Broadband Connection, Q4 2013.
While certain areas of the Asia-Pacific broadband market, such as
India and Bangladesh may be far behind their neighbors in
connectivity and speed, countries in the market such as Japan, South
2. Korea and Hong Kong more than counter-act those that lag. This is an
interesting statistic given that a large part of the Indian GDP is
technologically based and also when compared with the high statistic
of internet attacks historically centered as coming from the market
area.
The EU 27 Broadband statistics puts their market share as
151,530,000 and slightly behind the North and Latin America Broadband
market, however, country markets such as the UK are developing at a
high rate, making this market one to watch for growth.
The Europe and Central Asia Broadband statistics put this market
share at 56,750,000. Even though they include less developed Central
Asian countries, the statistics in this market indicate broadband use
and adoption is much higher and more readily received than the
9,750,000 market share of the Middle East market. Part of the issue
with adoption in the Middle East market has to do with the current
lack of an infrastructure capable of handling the delivery
requirements of the market over the pre-conceived idea of non-
adoption based on poverty and political unrest. In particular,
Jordan stands out as a country on the cutting edge of telecom and
broadband usage and adoption, focusing on the future and youth, as
are Turkey and Israel.
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