Petroc Taylor
Research expert covering global developments in the use of data
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Revenue from fixed data communication services is expected to exceed 410 billion U.S. dollars in 2022, a rise of close to five percent compared to the previous year. The number of fixed broadband subscriptions worldwide has continued to grow, reaching close to 1.3 billion by the end of 2021, with the majority being in the Asia Pacific region. Furthermore, Singapore and Thailand were among the countries with some of the fastest fixed broadband internet speeds - 211.36 Mbps and 189.14 Mbps, respectively - preceded only by Chile, and followed by China and Hong Kong.Fixed voice
Revenue from fixed voice communication services is predicted to reach close to 142 billion U.S. dollars in 2022, a fall of over three percent compared to the previous year. Figures suggest there were around 884 million fixed telephone line subscriptions worldwide in 2021, with the market experiencing a gradual decline from the 2006 peak of over 1.26 billion. The advancement of mobile network technology, as well as older, networking infrastructure such as copper wiring becoming obsolete, has meant landline telephone use has declined in popularity. Instead, consumers are looking toward a newer digital technology known as voice over internet protocol (VoIP) which refers to phone calls that are made through the internet, rather than through a regular landline or a mobile network.
