The North America Broadband Services Market would witness market growth of 8.5% CAGR during the forecast period (2021-2027).
One of the key drivers for the growth of the broadband services market is the constantly rising demand for broadband services owing to their capability to provide rapid data access to the internet with the help of a broad range of technologies. Moreover, this growth is further driven by the supportive government initiatives, technological developments for enhanced user experience, increased consumer awareness, and higher usage of devices like MIDs, mobile phones, tablets, and eBooks that need a broadband connection. The overall market of broadband services is supported by high-speed internet and the broad availability of broadband services.
According to the statistics of internetworldstats, around 90.3% of the population in North America has access to the internet. This reflects the strong dependency of the regional population on the internet for various functions like accessing social media platforms, viewing video content on OTT & other platforms and doing other works that require seamless internet connection. Some of the prominent countries of the region include the US, Canada, and Mexico and they are expected to contribute heavily to the growth of the regional market.
After 9/11, government authorities in North America have been taking significant measures to enhance public safety by putting investments in broadband technologies. Many supportive initiatives are undertaken for wireless spectrums, underlying a broad range of opportunities existing in the regional market. Therefore, these factors are expected to create lucrative opportunities for the players operating in the regional broadband services market during the forecast period.
Factors such as the existence of many key market players in the region and being a technologically sophisticated region with an increasing number of early adopters are expected to create lucrative growth opportunities for the regional market. Moreover, the increasing investment of governments in broadband services would boost the demand for the adoption of wireless hotspots and Wi-Fi solutions and services in the regional market. Therefore, these factors are likely to boost the growth of the regional market during the forecasting period.
The US market dominated the North America Broadband Services Wireless Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $39158.9 million by 2027. The Canada market is experiencing a CAGR of 10.7% during (2021 - 2027). Additionally, The Mexico market would witness a CAGR of 9.7% during (2021 - 2027).
Based on Broadband Connection, the market is segmented into Fiber Optic, Wireless, Satellite, Cable, and Digital Subscriber Line (DSL). Based on End User, the market is segmented into Business, Household, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Broadband Services Market is Estimated to reach $628 Billion by 2027, at a CAGR of 8.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include AT&T, Inc. (AT&T Intellectual Property), Verizon Communications, Inc., Comcast Corporation, Qwest Communications International, Inc. (Lumen Technologies, Inc.), NTT Data Corporation, Charter Communications, Inc., T Mobile USA, Inc., Bell Canada Enterprises, Inc., Singapore Telecommunications Limited (Temasek Holdings), and Cox Communications, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Broadband Connection
- Fiber Optic
- Wireless
- Satellite
- Cable
- Digital Subscriber Line (DSL)
By End User
- Business
- Household
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- AT&T, Inc. (AT&T Intellectual Property)
- Verizon Communications, Inc.
- Comcast Corporation
- Qwest Communications International, Inc. (Lumen Technologies, Inc.)
- NTT Data Corporation
- Charter Communications, Inc.
- T-Mobile USA, Inc.
- Bell Canada Enterprises, Inc.
- Singapore Telecommunications Limited (Temasek Holdings)
- Cox Communications, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Broadband Services Market, by Broadband Connection
1.4.2 North America Broadband Services Market, by End User
1.4.3 North America Broadband Services Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements: 2019, Mar – 2021, Oct) Leading Players
Chapter 4. North America Broadband Services Market by Broadband Connection
4.1 North America Broadband Services Fiber Optic Market by Country
4.2 North America Broadband Services Wireless Market by Country
4.3 North America Broadband Services Satellite Market by Country
4.4 North America Broadband Services Cable Market by Country
4.5 North America Digital Subscriber Line (DSL) Broadband Services Market by Country
Chapter 5. North America Broadband Services Market by End User
5.1 North America Business Broadband Services Market by Country
5.2 North America Household Broadband Services Market by Country
5.3 North America Others Broadband Services Market by Country
Chapter 6. North America Broadband Services Market by Country
6.1 US Broadband Services Market
6.1.1 US Broadband Services Market by Broadband Connection
6.1.2 US Broadband Services Market by End User
6.2 Canada Broadband Services Market
6.2.1 Canada Broadband Services Market by Broadband Connection
6.2.2 Canada Broadband Services Market by End User
6.3 Mexico Broadband Services Market
6.3.1 Mexico Broadband Services Market by Broadband Connection
6.3.2 Mexico Broadband Services Market by End User
6.4 Rest of North America Broadband Services Market
6.4.1 Rest of North America Broadband Services Market by Broadband Connection
6.4.2 Rest of North America Broadband Services Market by End User
Chapter 7. Company Profiles
7.1 AT&T, Inc. (AT&T Intellectual Property)
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.1 Research & Development Expense
7.1.2 Recent strategies and developments:
7.1.2.1 Partnerships, Collaborations, and Agreements:
7.1.2.2 Product launches and Product Expansions:
7.1.3 SWOT Analysis
7.2 Verizon Communications, Inc.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental Analysis
7.2.4 Recent strategies and developments:
7.2.4.1 Partnerships, Collaborations, and Agreements:
7.2.4.2 Acquisitions and Mergers:
7.2.4.3 Geographical Expansions:
7.3 Comcast Corporation
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Recent strategies and developments:
7.3.4.1 Partnerships, Collaborations, and Agreements:
7.3.4.2 Acquisitions and Mergers:
7.3.4.3 Geographical Expansions:
7.4 Qwest Communications International, Inc. (Lumen Technologies, Inc.)
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Recent strategies and developments:
7.4.3.1 Partnerships, Collaborations, and Agreements:
7.4.3.2 Geographical Expansions:
7.5 NTT Data Corporation
7.5.1 Company overview
7.5.2 Financial Analysis
7.5.3 Segmental Analysis
7.5.4 Research & Development Expense
7.5.5 Recent strategies and developments:
7.5.5.1 Partnerships, Collaborations, and Agreements:
7.5.6 SWOT Analysis
7.6 Charter Communications, Inc.
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Recent strategies and developments:
7.6.3.1 Partnerships, Collaborations, and Agreements:
7.6.3.2 Product launches and Product Expansions:
7.6.3.3 Geographical Expansions:
7.7 T‑Mobile USA, Inc.
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Recent strategies and developments:
7.7.3.1 Acquisitions and Mergers:
7.8 Bell Canada Enterprises, Inc.
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental Analysis
7.8.4 Research & Development Expense
7.8.5 Recent strategies and developments:
7.8.5.1 Partnerships, Collaborations, and Agreements:
7.8.5.2 Acquisitions and Mergers:
7.8.5.3 Geographical Expansions:
7.9 Singapore Telecommunications Limited (Temasek Holdings)
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental Analysis
7.9.4 Recent strategies and developments:
7.9.4.1 Partnerships, Collaborations, and Agreements:
7.9.4.2 Product launches and Product Expansions:
7.9.4.3 Geographical Expansions:
7.10. Cox Communications, Inc.
7.10.1 Company Overview
7.10.2 Recent strategies and developments:
7.10.2.1 Partnerships, Collaborations, and Agreements:
7.10.2.2 Acquisitions and Mergers:
7.10.2.3 Product launches and Product Expansions:
TABLE 1 North America Broadband Services Market, 2017 - 2020, USD Million
TABLE 2 North America Broadband Services Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Broadband Services Market
TABLE 4 Product Launches And Product Expansions– Broadband Services Market
TABLE 5 Acquisition and Mergers– Broadband Services Market
TABLE 6 Geographical Expansions– Broadband Services Market
TABLE 7 North America Broadband Services Market by Broadband Connection, 2017 - 2020, USD Million
TABLE 8 North America Broadband Services Market by Broadband Connection, 2021 - 2027, USD Million
TABLE 9 North America Broadband Services Fiber Optic Market by Country, 2017 - 2020, USD Million
TABLE 10 North America Broadband Services Fiber Optic Market by Country, 2021 - 2027, USD Million
TABLE 11 North America Broadband Services Wireless Market by Country, 2017 - 2020, USD Million
TABLE 12 North America Broadband Services Wireless Market by Country, 2021 - 2027, USD Million
TABLE 13 North America Broadband Services Satellite Market by Country, 2017 - 2020, USD Million
TABLE 14 North America Broadband Services Satellite Market by Country, 2021 - 2027, USD Million
TABLE 15 North America Broadband Services Cable Market by Country, 2017 - 2020, USD Million
TABLE 16 North America Broadband Services Cable Market by Country, 2021 - 2027, USD Million
TABLE 17 North America Digital Subscriber Line (DSL) Broadband Services Market by Country, 2017 - 2020, USD Million
TABLE 18 North America Digital Subscriber Line (DSL) Broadband Services Market by Country, 2021 - 2027, USD Million
TABLE 19 North America Broadband Services Market by End User, 2017 - 2020, USD Million
TABLE 20 North America Broadband Services Market by End User, 2021 - 2027, USD Million
TABLE 21 North America Business Broadband Services Market by Country, 2017 - 2020, USD Million
TABLE 22 North America Business Broadband Services Market by Country, 2021 - 2027, USD Million
TABLE 23 North America Household Broadband Services Market by Country, 2017 - 2020, USD Million
TABLE 24 North America Household Broadband Services Market by Country, 2021 - 2027, USD Million
TABLE 25 North America Others Broadband Services Market by Country, 2017 - 2020, USD Million
TABLE 26 North America Others Broadband Services Market by Country, 2021 - 2027, USD Million
TABLE 27 North America Broadband Services Market by Country, 2017 - 2020, USD Million
TABLE 28 North America Broadband Services Market by Country, 2021 - 2027, USD Million
TABLE 29 US Broadband Services Market, 2017 - 2020, USD Million
TABLE 30 US Broadband Services Market, 2021 - 2027, USD Million
TABLE 31 US Broadband Services Market by Broadband Connection, 2017 - 2020, USD Million
TABLE 32 US Broadband Services Market by Broadband Connection, 2021 - 2027, USD Million
TABLE 33 US Broadband Services Market by End User, 2017 - 2020, USD Million
TABLE 34 US Broadband Services Market by End User, 2021 - 2027, USD Million
TABLE 35 Canada Broadband Services Market, 2017 - 2020, USD Million
TABLE 36 Canada Broadband Services Market, 2021 - 2027, USD Million
TABLE 37 Canada Broadband Services Market by Broadband Connection, 2017 - 2020, USD Million
TABLE 38 Canada Broadband Services Market by Broadband Connection, 2021 - 2027, USD Million
TABLE 39 Canada Broadband Services Market by End User, 2017 - 2020, USD Million
TABLE 40 Canada Broadband Services Market by End User, 2021 - 2027, USD Million
TABLE 41 Mexico Broadband Services Market, 2017 - 2020, USD Million
TABLE 42 Mexico Broadband Services Market, 2021 - 2027, USD Million
TABLE 43 Mexico Broadband Services Market by Broadband Connection, 2017 - 2020, USD Million
TABLE 44 Mexico Broadband Services Market by Broadband Connection, 2021 - 2027, USD Million
TABLE 45 Mexico Broadband Services Market by End User, 2017 - 2020, USD Million
TABLE 46 Mexico Broadband Services Market by End User, 2021 - 2027, USD Million
TABLE 47 Rest of North America Broadband Services Market, 2017 - 2020, USD Million
TABLE 48 Rest of North America Broadband Services Market, 2021 - 2027, USD Million
TABLE 49 Rest of North America Broadband Services Market by Broadband Connection, 2017 - 2020, USD Million
TABLE 50 Rest of North America Broadband Services Market by Broadband Connection, 2021 - 2027, USD Million
TABLE 51 Rest of North America Broadband Services Market by End User, 2017 - 2020, USD Million
TABLE 52 Rest of North America Broadband Services Market by End User, 2021 - 2027, USD Million
TABLE 53 Key Information – AT&T, Inc.
TABLE 54 key information – Verizon Communications, Inc.
TABLE 55 key information – Comcast Corporation
TABLE 56 Key Information – Qwest Communications International, Inc.
TABLE 57 Key Information – NTT Data Corporation
TABLE 58 key information – Charter Communications, Inc.
TABLE 59 key information – T‑Mobile USA, Inc.
TABLE 60 key information – Bell Canada Enterprises, Inc.
TABLE 61 key information – Singapore Telecommunications Limited
TABLE 62 key information – Cox Communications, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2019, Mar – 2021, Oct) Leading Players
FIG 5 Recent strategies and developments: AT&T, Inc. (AT&T Intellectual Property)
FIG 6 SWOT Analysis: AT&T, Inc.
FIG 7 Recent strategies and developments: Verizon Communications, Inc.
FIG 8 Recent strategies and developments: Comcast Corporation
FIG 9 Recent strategies and developments: Qwest Communications International, Inc. (Lumen Technologies, Inc.)
FIG 10 SWOT Analysis: NTT Data Corporation
FIG 11 Recent strategies and developments: Charter Communications, Inc.
FIG 12 Recent strategies and developments: Bell Canada Enterprises, Inc.
FIG 13 Recent strategies and developments: Singapore Telecommunications Limited
FIG 14 Recent strategies and developments: Cox Communications, Inc.