The USTelecom study reveals that consumer demand for faster broadband speeds has increased while prices for those services have declined, showing a 9.4% drop over the last year.
As stated in the report, "Thanks to the world-leading pace of broadband infrastructure investment by the U.S. private sector and an intensive focus on fiber deployments, consumers have never had a stronger value proposition for their connectivity dollar."
The BPI-Speed Index highlighted that 55.4% of U.S. consumers have opted for services between 100 Mbps and 940 Mbps, demonstrating a significant market preference.
According to the study, real prices for popular broadband services dropped by 59.9% from 2015 to 2024, showcasing a significant long-term decline in costs for consumers.
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