Broadband research firm Point Topic released a new report which shows that fibre-based broadband services with speeds of a gigabit (Gbps) are gaining momentum globally.
“We are seeing more gigabit tariffs on offer in more markets than ever before – it looks like the start of the mass market to us,” Point Topic said.
The report found that gigabit tariffs are dropping too. “All the evidence points to falling prices and increasing competition in the gigabit business and residential market,” the company said.
“With better latency, jitter, continuity, and overall quality of supply, modern gigabit fibre networks are eroding the need for leased lines for business as well as leading edge users,” Point Topic said.
In South Africa gigabit broadband services have only recently started to emerge, with companies like Vumatel offering FTTH speeds of 1Gbps in selected areas.
The following charts show the growth and price decreases of gigabit fibre connections globally.