Broadband
Services Market Industry Analysis, Growth, Trends and Forecast - 2031
The
global broadband network market is expected to grow at a significant CAGR of
around 9% during the forecast period. Broadband services are required for the
digital transformation of numerous industry sectors, which promotes the market
growth. Increasing online commerce for retail products and services,
digitalization of hospital data, e-government efforts, and quickly developing
platforms for media and entertainment content are all contributing to market
expansion. Wireless technology has enormous promise for advancing the global
digital transformation across verticals by increasing productivity and lowering
costs.
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The
service, provided by SpaceX, provides broadband internet at speeds ranging from
50 to 150 Mbps with a very low latency of 20 to 40 milliseconds. According to
an email sent among prospective subscribers, it would launch throughout most,
if not all, of India in 2022. Though the exact date of the service's launch in
India has yet to be verified, this is SpaceX's first acknowledgement of the
Starlink internet service's arrival in India.
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Market
Coverage
Key
questions addressed by the report
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
Global
Broadband Services Market Segmentation
• By Broadband Connection
·
Fiber Optic
·
Wireless
·
Satellite
·
Others
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