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Subscribe to Gigabit+ Broadband for better Productivity, says Fiber Broadband Association
At Fiber Connect 2024, the Fiber Broadband Association (FBA) announced a new study, performed by RVA LLC Market Research & Consulting (RVA), that confirms users should subscribe to the fastest level of broadband service (gigabit+) offered by their provider as time, efficiency, and productivity benefits quickly add up financially. That is money in the pocket of gigabit+ subscribers. With a gigabit or more of fiber broadband service, the research estimates that the U.S. could add $326 billion to its Gross Domestic Product (GDP).
When only lower bandwidth is available, many applications will automatically downgrade quality and waste subscriber time. In fact, the research suggests that by increasing bandwidth speeds for today’s work-from-home subscriber accounts (which account for about 24.5% of all work conducted in the U.S.) from 100/20 Mbps to gigabit fiber to the home would potentially add a staggering 1.2% or $326 billion to GDP.
In addition to the nearly unlimited bandwidth of fiber broadband infrastructure, FBA has published several studies and white papers that prove fiber broadband offers by far the lowest latency of any internet delivery method: fiber has 37% better latency than cable, 61% better than DSL and wireless, and 96% better than geo satellite. Fiber is also more reliable, having the greatest uptime of other internet methods because of fewer powered components in the network. Fiber’s value proposition is undeniable as it offers the best performance advantage in terms of personal efficiency. The Fast Mode