Rethink TV the video research arm of Rethink Technology Research, a research, and analyst firm focusing on IoT, video, and wireless, has released a new Gigabit forecast entitled "US left in China's wake in the quest for Gigabit broadband--Forecast and Report to 2023". It states that at the current trajectory China will dominate 1 Gbps broadband, giving a massive advantage to Chinese businesses. Around 57% of all 1 Gbps lines by 2023 will be installed in China.
The report shows that while the USA will amass 33.5 million 1 Gbps broadband lines by that time, second only to China in number, other countries will reach a higher percentage of their existing broadband customers with 1 Gbps service.
Gigabit broadband will accelerate faster than previous forecasts have imagined, growing tenfold over the next 5 years. After a two year period of being high priced luxuries, 1 Gbps broadband will become commonplace and inexpensive.
Japan (19.4m), France (14.8m) and South Korea 9.5m will reach a far greater percentage of their citizens with 1 Gbps service than the US.
1 Gbps broadband will go from 3% to 4% of homes in most countries to well above 30% on average, and in advanced countries such as France, Switzerland and South Korea, more than 50% of households will take 1 Gbps broadband by 2023.
China will improve its broadband monumentally, taking I Gbps subscribers from 4% of its 456 million households, to close over 42%, in a series of massive build-outs led by China Mobile.
And as fiber picks up momentum, the window of opportunity is closing for technologies such as Gfast, G.Now and MoCA Access as more buildings opt for fiber direct to the home or apartment. The one exception is DOCSIS...