Open Vault Broadband Insights Report Quarter 2 2024

The rapid expansion of Power Users (subscribers consuming 1 TB or more per month) and the ongoing surge in upstream traffic are placing significant pressure on broadband network capacity and Quality of Experience (QoE), according to the 2Q24 edition of the OpenVault Broadband Insights (OVBI) report. In the second quarter of 2024, 18.2% of all subscribers fall under the “Power User” category, including Power Users of 1 TB or more, Super Power Users of 2 TB or more, and Extreme Power Users of 5 TB or more. OpenVault projects that all three groups of Power Users will account for more than 20% of all broadband subscribers by the end of 2024. Other highlights from the report include: 

• The monthly average data consumed by subscribers in 2Q24 was 585.8 GB, up 9.7% from 2Q23's average of 533.8 GB.
• The percentage of subscribers with speeds lower than 400 Mbps decreased over 33% between 2Q23 and 2Q24, down to only 41%.
• Monthly average upstream data usage growth, up 15.9% from 2Q23, continues to outpace average downstream usage growth (9.3%).