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Cisco says global average fixed broadband speed to hit 39Mbps in 2017
Cisco has predicted a 3.5-fold rise in average fixed broadband speeds between 2012 and 2017.
This figure is set to increase from 11.3Mbps last year to 39Mbps in 2017, the report claimed, having risen by 30 per cent from 8.7Mbps between 2011 and 2012.
Furthermore, Cisco predicted an upturn in the number of people using the internet across the world. Whereas in 2012 this total stood at 2.3 billion, or about a third of the population, the company believes this will climb to around 3.6 billion by 2017 - representing just under half of the projected population.
Doug Webster, Vice President of Product and Solutions Marketing at Cisco, said the forecast showcases the world's "seemingly insatiable" demand for bandwidth.
"With more and more people, things, processes and data being connected in the 'internet of everything', the intelligent network and the service providers who operate them are more relevant than ever," he added.