The expansion of fibre-optic networks in Asia-Pacific will push fibre broadband to account for nearly 97% of all fixed broadband lines by 2029, a trend driven by government investments.
GlobalData forecasts a compound annual growth rate of 4.6% for APAC's fixed broadband service revenue from 2024 to 2029, totaling $340.5 billion by the end of the period.
The Malaysian government's JENDELA plan aims to enhance broadband coverage and quality, targeting nine million premises connected with fibre by 2025, showcasing effective regional infrastructure development.
China is set to lead the APAC fixed broadband market due to government efforts to expand fibre-optic infrastructure, while Singapore will have the highest FTTH/B adoption at 99.7%.
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