News

Home Networking to Reach 168 Million Households in 2008

Study says only 114 million households had networking solutions in 2006.


Steve Crowe · August 8, 2008

Home Networking penetration will grow nearly 50 percent by the end of 2008, according to a new study from Parks Associates.

The study says home networking will reach 168 million households worldwide by the end of 2008. Households with networking solutions for broadband and file sharing totaled 114 million in 2006, according to Parks Associates.

The study says this growth will lay the foundation for expansion of multimedia services internationally.

“Broadband growth pushed Europe ahead of North America in terms of home network adoption,” says Kurt Scherf, vice president, principal analyst, Parks Associates.

“With the network in place, providers will tie in high-demand entertainment services. By 2012, over one-third of networked nodes worldwide will have entertainment or multimedia functionality, with particularly strong growth in IPTV services.”

Scherf says European broadband providers are the leaders in deploying home networking solutions that provide basic broadband-sharing features.

Parks Associates also says the sales of NAS devices will reach 13 million units by 2012, attributing the growth to the ever-growing desire for digital content.

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  About the Author

Steve Crowe has been writing about technology since 2008. He lives in Belchertown, MA with his wife and daughter. Have a suggestion or a topic you want to read more about? Email Steve at scrowe@ehpub.com

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