U.K. consulting firm forecasts broadband boomA new report from Arthur D. Little (ADL) consulting firm predicts that the global broadband market is set to more than double in size from US$30 billion to...
November 1, 2003
U.K. consulting firm forecasts broadband boom
A new report from Arthur D. Little (ADL) consulting firm predicts that the global broadband market is set to more than double in size from US$30 billion to US$80 billion within the next five years, with a compound annual growth rate (CAGR) of 22 per cent. According to the report, there are currently 57 million broadband subscriptions worldwide.
North America remains the biggest broadband market, amounting to 45 per cent of revenues, followed by Europe and Asia with 20 per cent each. While the growth rate for broadband varies from region to region, this market has still managed to outperform the global telecommunications industry by a factor of 12 during the period from 2000 to 2003.
Cisco unveils new security initiative
Cisco Systems Inc. recently released its Network Admission Control program to address the increased threat and impact of worms and viruses to networked businesses.
“As the network continues to be a mission critical business system for organizations of all sizes, a top priority for customers is securing their information assets and minimizing the impact of viruses and worms,” said John Chambers, company president and CEO.
The program was developed in conjunction with anti-virus software vendors Network Associates, Symantec, and Trend Micro.