May 10th, 2005
Broadband in residential units was a $364 mln industry in 2004
Increasing demand for broadband by consumers and businesses will propel the Multi-Tenant Unit/Multi-Dwelling Unit (MTU/MDU) in-building broadband equipment market to grow more than four-fold over the next several years, reports In-Stat. MTU/MDU in-building broadband equipment revenues are projected to grow from $364 million in 2004 to nearly $1.5 billion in 2009. Much of this growth is being driven by Greenfield buildings requiring broadband infrastructure and by the impact of fiber deployments on the MTU/MDU environment.
Alex is a software engineer in the San Francisco Bay Area. ITFacts is created and updated by a group of statistics-obsessed individuals.
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