Global Broadband Services Market Size & Outlook, 2023-2030
Global broadband services market, 2017-2030 (US$M)
Related Markets
Global broadband services market highlights
- The global broadband services market generated a revenue of USD 457,621.0 million in 2023 and is expected to reach USD 875,056.7 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 9.7% by 2030.
- In terms of segment, fiber optic accounted for a revenue of USD 155,205.9 million in 2023.
- Wireless is the most lucrative broadband connection segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, France is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 457,621.0 million |
| Market revenue in 2030 | USD 875,056.7 million |
| Growth rate | 9.7% (CAGR from 2023 to 2030) |
| Largest segment | Fiber optic |
| Fastest growing segment | Wireless |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fiber Optic, Wireless, Satellite, Cable, Digital Subscriber Line (DSL) |
Other key industry trends
- In terms of revenue, the North America accounted for 20.8% of the global broadband services market in 2023.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, France is the fastest growing regional market and is projected to reach USD 22,622.4 million by 2030.
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Broadband Services Market Scope
Broadband Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global broadband services market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to broadband services market will help companies and investors design strategic landscapes.
Fiber optic was the largest segment with a revenue share of 33.92% in 2023. Horizon Databook has segmented the Global broadband services market based on fiber optic, wireless, satellite, cable, digital subscriber line (dsl) covering the revenue growth of each sub-segment from 2017 to 2030.
The world has witnessed a significant increase in the internet service subscribers over the past few years. These internet services include fixed broadband, Wi-Fi, and mobile (3G, 4G, LTE) networking. The rising number of internet users is attributable to various factors, which include infrastructure development, smartphone penetration, and reduced prices of internet services, among others.
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Our clientele includes a mix of broadband services market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global broadband services market , including forecasts for subscribers. This global databook contains high-level insights into Global broadband services market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Global broadband services market size, by regions, 2017-2030 (US$M)
Top 10 countries: Broadband services market size, 2023 (US$M)
Global broadband services market share, by broadband connection, 2023 & 2030 (%, US$M)
Broadband services market: Opportunity assessment by country
Global broadband services market, by region, 2023 (US$M)
Related regional statistics
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