As the latest Cisco Annual Internet Report highlights, fixed broadband speeds will more than double by 2023 globally. By 2023, global fixed broadband speeds will reach 110.4 Mbps, up from 45.9 Mbps in 2018. Currently, residential broadband traffic is growing at an average rate of 30-35% globally. Now as more people are working from home, accessing cloud-based business applications and video conferencing, traffic will grow at a much higher rate. Broadband operators are clamoring for ways to deliver more downstream and upstream capacity to accommodate the demand. One of the ways that operators can deliver more speed at a lower cost is using virtualization as was discussed on our last blog.
