The total number of households with a broadband line hit 700.2 million by the end of June this year, revealed Point Topic.
“Consumers love the bits and bytes delivered by the internet and they are being put to use throughout homes and offices worldwide. Broadband at home is the norm in many markets and we are starting to see the innovations and applications enabled by high bandwidth services take hold,” said Oliver Johnson (pictured), CEO at Point Topic.
In the second quarter of 2014, China alone now accounts for more than two hundred million broadband lines. Dominating the world market for a number of years China shows little sign of slowing down.
Broadband subscribers in Q2 2014 Top Ten countries. Source Point Topic
Country Subscribers Q2 2014
China (All Territories) - 200,725,738
United States - 97,137,446
Japan - 36,030,684
Germany - 28,982,389
France - 25,397,000
Russian Federation - 24,632,170
United Kingdom - 23,200,800
Brazil - 22,375,400
South Korea - 18,971,730
Mexico - 16,351,659
While there is strong growth in many markets, the BRICs (Brazil, Russia, India and China) report the top growth rates among the top 20 nations. Brazil is expected to overtake the UK this year in terms of total subscriptions.
“We’re still in the foothills as far as the benefits of broadband go. The supply is one challenge but the real added value is still to come. As we start to figure out how to use what we have and perhaps more importantly how to coordinate the services and extract the synergies we’ll see more and more positive outcomes in the coming years. It’s very exciting,” added Johnson.
This story also appears on IBC’s Content Everywhere.