Global demand for Gigabit class broadband among consumers and businesses is on the rise, a new report has suggested.
A study from Point Topic suggests the UK is becoming a leading light, with several Gigabit broadband providers coming to the fore, while even BT Openreach has tested a 1Gbps upgrade for its current Fibre-to-the-Premises (FTTP) platform.
But Gigabit tariffs across the world have recorded noticeably strong rises in demand, with Point Topic estimating the worldwide total stands somewhere between 1 million and 10 million.
It expects that figure to rise to “at least” 100 million subscribers by 2020, although there remains plenty of uncertainty over whether consumers will still opt for slower speeds in order to save money, particularly if it gives them the same experience of service.
A number of customers are unlikely to find a Gigabit connection an essential part of their everyday lives, while many pieces of computer hardware would struggle to cope with a such speeds anyway.
But experts insist that because it could take a decade to build up such networks, it still makes sense to start work now.
A spokesperson for Point Topic told ISPreview: “We do see continued enthusiasm from investors in the UK and Europe for broadband; the higher the bandwidths the better apparently.
"Repeated successful rounds of fund raising from a number of ‘alternative’ UK players strongly suggests there’s evidence of a working business model and returns on investment, even if they aren’t sharing all that data with us yet. You can see more on our in depth UK work in the ‘Free Analysis’ as well as for subscribers.”