China is on track to overtake the United States next year as the world's largest broadband market a research firm said.
China's broadband sector has been growing dramatically at a compound annual growth rate of percent over the last three years Ovum said. As a result the communist nation is expected to have million subscribers by .
Leichtman Research Group Inc. estimates that in the second quarter there were million broadband subscribers in the United States.
Despite the strong growth in China only . percent of the Chinese will have broadband next year well behind many countries in the AsiaPacific region the researcher said. But with a projected CAGR of percent the company is expected to reach million subscribers by .
China Telecom and China Netcom are the dominant broadband providers with a combined market share of percent. The remainder is shared among China Tietong China Unicom cable and miscellaneous other operators. DSL is the fastest growing access technology with percent of the market or million subscribers as of June .