February 12, 2024
Average American Household Consumes 641 GB In Home Internet Usage
OpenVault is one of the most credible market research firms in the area of bandwidth consumption.
Their results of their Q4 analysis is truly shocking and speaks to exceptionally fast growth rates.
We anticipate that you will see double digit price hikes across all segments for traditional high speed internet delivered to the home.
The rate of price increases for Home Internet that is provided by 5G and 4G connections (Fixed Wireless Access[FWa]) will be even higher; as the consequences of this amount of usage for a single household hitting the same tower that receives traditional 4G & 5G Smartphone connections is monumentally significant.
"Commercial subscribers, on average, used over 70% more upstream data
than residential users, with monthly usage reaching 68 GB compared to
residential users' 39 GB. Factors contributing to this difference
included businesses' reliance on data-intensive activities like file
transfers, video calls and cloud-based applications."
The significance of this quote and the fact that the vast majority (99%) of Work From Home users are using their Home Internet for Commercial Purposes also means you are going to see price increases not just in Consumer Home Internet plans but also due to the graph below.
ARTICLE SOURCE : https://www.fiercetelecom.com/broadband/us-broadba...