Broadband designers have a stellar future. According to a recent study, the broadband-based service market is going to enjoy a 55% compound annual growth rate over the next five years. Internet access and packet-voice services will drive the surge.
It's true that there are technical, regulatory, and customer uncertainties, but the cable modem and DSL communities will continue to roll out services. Customers of all types have a growing awareness of broadband local access availability. More importantly, they're willing to pay more for these services. The study predicts that 35 million broadband-enabled consumers will sign on by 2005, as availability climbs while prices for basic access plummet.
Experts say that cable modems will command 60% of the consumer subscriber market. DSL will take the lead in the SOHO and enterprise segments. Overall, 40% to 50% of the 7 million companies with fewer than 20 employees will have broadband access by 2005, while 75% of the 1 million companies with 20 to 100 employees will be customers.
For more information on the broadband market, contact Forward Concepts at (480) 968-3759, or go to www.forwardconcepts.com.