TeleGeography, a global telecommunications market research and consulting firm, found that global Internet bandwidth increased by 28% in 2022, now standing at 997 Tbps with a four-year CAGR of 29%. The firm predicts that the era of Pbps will soon be triggered.
The latest from TeleGeography Global Internet Geography the research tracks the continued return to “normal” after the bump generated by the 2020 pandemic.
Africa has seen the fastest growth in international internet bandwidth, with a compound annual growth rate of 44% between 2018 and 2022. Asia is behind Africa, growing at a compound annual rate of 35 % over the same period. Globally – aside from the COVID bump – the pace of growth is slowing.
Despite this slower growth rate, global internet bandwidth has still nearly tripled since 2018.
Growth in international Internet bandwidth and Internet traffic remains similar. Average and peak international Internet traffic grew at a compound annual rate of 30% between 2018 and 2022, slightly above the 29% CAGR of bandwidth over the same period.
Following the COVID-19 related traffic increase in 2020, a global return to more typical usage patterns has resulted in lower average and peak usage rates. Average traffic growth fell from 47% between 2019-2020 to 29% between 2021-2022, while peak traffic growth fell from 46% to 28% over the same period.
“After a tumultuous 2020 – with pandemic-induced volume increases and shifts in internet traffic patterns – network operators are starting to add bandwidth again and design their traffic in a more measured way,” said TeleGeography Senior Research Director Paul Brodsky. “Based on extensive survey data collected from dozens of regional and global network operators around the world, it is clear that the COVID-related internet traffic and bandwidth expansion was a one-time phenomenon. “
Many global networks began to return to more typical usage rates after the pandemic.
Global average and peak utilization rates remained essentially unchanged from last year, standing at 26% and 45%, respectively, in 2021 and 2022. Primarily 100 Gbps Internet continues to drive down the average cost of carrying traffic. In seven major global hub cities, 10 GigE prices fell 16% annually between Q2 2019 and Q2 2022, while 100 GigE port prices fell 25%.
You can download TeleGeography’s 2022 Global Internet Geography Research Executive Summary here.
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