New report suggests Latin America will lag in internet growth

A new report from Cisco forecasts an alarmingly slow internet traffic growth rate for Latin America, especially when compared to the other lagging regions, like the Middle East and Africa. When it comes to internet speed, Latin America is far behind all other regions and will continue to lag over the next five years, per the report.

• Broadband: By 2022, the global average speed of broadband internet will be 75.4 Mbps. While Asia Pacific and North America are expected to greatly exceed the global average, with 98.8 Mbps and 94 Mbps respectively, Latin America and the Middle East are expected to clock in at 28.1 Mbps and 20 Mbps respectively.
• Wi-Fi: By 2022, the global average speed of Wi-Fi internet will be 54.2 Mbps. While Asia Pacific and North America are expected to greatly exceed the global average, with 63.3 Mbps and 83.8 Mbps respectively, Latin America and the Middle East are expected to clock in at 16.8 Mbps and 11.2 Mbps, respectively.