Open Vault Broadband Insights Report Quarter 3 2024

When it comes to broadband usage growth rates, downstream is down and upstream is up. While the total volume of downstream and upstream usage continues to climb, the 3Q24 edition of the OpenVault Broadband Insights (OVBI) report indicates a continuation of a trend that OpenVault analysis has identified throughout the modern broadband era: With the exception of the pandemic year of 2020, downstream growth rates have slowed each year, while the rate of increase in the upstream has trended steadily upward. The latest edition of the OVBI notes that the growth rate for the downstream slid to 6.8 percent in the third quarter of 2024—the lowest figure since OpenVault began breaking out downstream and upstream data. Upstream growth moved higher to 13.9 percent, a rate of increase that is more than double that of the downstream, despite upstream constraints within the DOCSIS environment. Overall growth was 7.2 percent, OpenVault’s lowest year-over-year rate recorded.