Fixed broadband in the Asian-Pacific (APAC) region is likely to witness a significant increase in investment over the next five years.
Both governments and private operators across APAC areas are heavily investing in fibre-optic infrastructure.
Total fixed broadband revenue in the APAC region is projected to track at a compound annual growth rate of 4.6%.
Fibre-optic broadband is expected to dominate the market, accounting for 97% of all fixed broadband lines by 2029.
Emerging economies like Malaysia, India, and China are focusing on delivering network upgrades, such as Malaysia's JENDELA initiative and China’s gigabit optical fibre expansion.
Opportunities for funding and participating in large-scale fibre deployments are present in other emerging economies like India, Vietnam, and the Philippines
However, Australia, New Zealand, and Singapore have all seen the benefit of early investments in the National Broadband Networks (NBN).
In Australia last month, the Federal Government invested a further $2.4 billion to expand full fibre NBN access to an additional 1.5 million premises. This will include 660,000 rural and regional communities.
“The NBN is critical national infrastructure, and we know that having a faster, higher quality NBN network has a huge impact on Australia’s economy- delivering a $400 billion uplift in GDP by 2030.” said Minister for Finance Katy Gallagher.