IDC: 69.4M Cable Modems in 2008

7/27/2004 5:22 AM Eastern

A new study from IDC predicted that global cable-modem subscribers will more than double from 32.8 million in 2003 to 69.4 million in 2008.

Among other key findings in the study, “Worldwide Cable Modem Services 2004-2008 Forecast”:

• There will be nearly 2.5 million business cable-modem subscriptions in 2008.

• The United States accounted for 46.7% of worldwide cable-modem subscribers in 2003.

• Cable operators are providing value-added services and content that takes advantage of the broadband pipe to the home.

“The push is on and operators are aggressively marketing broadband services to both residential and business customers," said Amy Harris, manager of IDC's broadband markets and technologies service, in a prepared statement.

"Faster-speed broadband is quickly moving from luxury to necessity status, and users are steadily migrating from their dial-up connections,” she added.

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