Fiber Broadband Association Reports Record Fiber-To-The-Home Deployment in 2024

The Fiber Broadband Association announced the results of the Fiber Deployment survey by RVA LLC Market Research & Consulting (RVA). The survey concludes fiber broadband deployments reached a new annual record of 10.3 million U.S. homes passed in 2024. Including homes with more than one passing, there are now a total 88.1 million homes passed with fiber in the U.S. with continued growth expected over the next five years. The 2024 survey data suggests that fiber now passes 56.5 percent of U.S. households. Fiber take-rates increased slightly in 2024, growing to an average of over 45 percent based on unique passings. Service providers are now achieving their first 20 percent take rate in a much faster period and reaching higher take rates over time. Looking forward, the 2024 North American Fiber Provider Survey suggests strong investment in fiber will continue across private equity, mergers and acquisitions, capex reinvestment, and public funds.