Dublin, March 03, 2025 (GLOBE NEWSWIRE) -- The "Broadband Services Market Size, Share & Trends Analysis by Broadband Connection (Fiber Optic, Wireless, Satellite, Cable, Digital Subscriber Line), End Use (Business, Household), and Region with Segment Forecasts, 2025-2030" report has been added to ResearchAndMarkets.com's offering.
The global broadband services market size is estimated to reach USD 875.06 billion by 2030. The market is estimated to expand at a decent CAGR of 9.8% from 2025 to 2030. The rapidly escalating demand for broadband services due to their ability to offer higher date access to the internet using a wide spectrum of technologies is a major propeller of market growth of the market.
The market is positioned to register strong growth over the forecast period, driven primarily by the steep demand in the market. The high demand is supported by proactive government initiatives, technological advancements for improved user convenience, consumer awareness, and increased usage of devices-such as mobile phones, tablets, MIDs, and eBooks-requiring a broadband connection. The internet speed and widespread availability of broadband services are notable growth-contributors.
Some of the key market trends in the market include the following: strategic usage of broadband pre-registration indices to collect market data regarding price, engineering decisions, and user preferences; online registration of broadband services makes the process transparent and user-friendly; electronic signature in registration documents and validation of identity proofs aids in maintaining an automatic contract status and limits malpractice; system integration is increasingly emphasized to offer a one-stop-shop service for all marketing, mails, management, installation, and customer support needs; and finally, B2C models are increasingly focused on impacting crowd mentality to attract a larger customer base.
The COVID-19 pandemic has rendered a positive impact on the broadband services as digital consumption has witnessed a sharp rise over the last few weeks. Work-from-home concepts in most business, online classes in education formats, higher usage of video calls for conferences and personal uses, online shopping of essential items, and higher viewership of entertainment content have notably increased the requirement for broadband services. Investment in companies to adopt digital channels for product promotion and sales is also likely to surge in the near future. Besides speed, add-on services are a key attraction for customers, thereby leveling up the competitive rivalry in the market.
Broadband Services Market Report Highlights
Key Attributes
Report Attribute | Details |
No. of Pages | 130 |
Forecast Period | 2024-2030 |
Estimated Market Value (USD) in 2024 | $500.3 Billion |
Forecasted Market Value (USD) by 2030 | $875.06 Billion |
Compound Annual Growth Rate | 9.8% |
Regions Covered | Global |
Key Topics Covered
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights
Chapter 3. Broadband Services Market Variables, Trends, & Scope
3.1. Market Lineage Outlook
3.2. Market Dynamics
3.2.1. Market Driver Analysis
3.2.2. Market Restraint Analysis
3.2.3. Industry Challenge
3.3. Broadband Services Market Analysis Tools
3.3.1. Industry Analysis - Porter's
3.3.2. PESTEL Analysis
3.4. Pain Point Analysis
Chapter 4. Broadband Services Market: Broadband Connection Estimates & Trend Analysis
4.1. Segment Dashboard
4.2. Broadband Services Market: Broadband Connection Movement Analysis, 2024 & 2030 (USD Billion)
4.3. Fiber Optic
4.4. Wireless
4.5. Satellite
4.6. Cable
4.7. Digital Subscriber Line (DSL)
Chapter 5. Broadband Services Market: End Use Estimates & Trend Analysis
5.1. Segment Dashboard
5.2. Broadband Services Market: End Use Movement Analysis, 2024 & 2030 (USD Billion)
5.3. Business
5.4. Household
5.5. Others
Chapter 6. Broadband Services Market: Regional Estimates & Trend Analysis
6.1. Broadband Services Market Share, By Region, 2024 & 2030 (USD Billion)
6.2. North America
6.3. Europe
6.4. Asia-Pacific
6.5. Latin America
6.6. Middle East and Africa
Chapter 7. Competitive Landscape
7.1. Company Categorization
7.2. Company Market Positioning
7.3. Company Heat Map Analysis
7.4. Company Profiles/Listing
7.4.1. AT&T
7.4.2. BCE Inc .
7.4.3. Charter Communications
7.4.4. Hughes Network Systems, LLC
7.4.5. Comcast
7.4.6. CenturyLink
7.4.7. KT Corp.
7.4.8. LG Uplus Corp.
7.4.9. Singtel
7.4.10. SK broadband CO. LTD.
7.4.11. T-Mobile USA, Inc.
7.4.12. Verizon Communications
7.4.13. Viasat, Inc.
For more information about this report visit https://www.researchandmarkets.com/r/bzxled
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