Broadband subscription growth to slow, says In-Stat
The company claimed the rate of growth will drop to ten per cent by 2014.
The global number of broadband subscribers is expected to continue growing at a steady rate over the coming years.
Research from market intelligence firm In-Stat revealed there were 763 million broadband subscribers throughout the world at the end of 2010.
The volume of broadband customers rose 25 per cent between 2007 and 2009, the organisation found, although it predicted this rapid increase is set to slow in the future.
Industry analyst Vahid Dejwakh explained this figure is expected to drop to ten per cent by 2014 as the market becomes increasingly saturated, although he insisted there are still some "substantial gains to be made".
"The Asia-Pacific region will continue to see very high growth rates, along with Latin America and the Middle East/Africa regions," Mr Dejwakh explained.
His comments come after the Broadband Forum published figures compiled by Point Topic that claimed the global number of home and business broadband lines reached almost 509 million in the third quarter of last year.
Why do we need your postcode?
Once you enter your postcode, Cable.co.uk will perform a live lookup and check all the available providers in your area.
This ensures you receive accurate information on the availability of providers and packages in your area.
Your information is safe with us. We won't share your postcode with anyone. Guaranteed.