With the average user consuming more data, it becomes easy to exceed their data limits.
Historically, data limitations have been implemented to prevent customers from abusing their service by overconsuming data, and they are typically set higher than what a corporation believes is appropriate usage. However, a recent analysis from broadband management services provider Open Vault paints a quite different picture.
Data usage is expected to exceed 700 GB by the end of 2024, and 1 TB by 2028, according to Open Vault’s Broadband Insights Report for the fourth quarter of 2023.
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The average monthly data limit set by internet providers is often in the 1 TB range. For example, T-Mobile recently imposed a 1.2 TB monthly cap on their 5G home internet plans, potentially slowing you down. Comcast also provides consumers 1.2 TB of data every month.
With more users likely to exceed their data constraints, broadband providers may be forced to revise or eliminate present bandwidth limits. WOW!, an internet provider, lifted data caps from several plans earlier this month.
Spectrum did not have data caps at the time of publication, but this may change in the future. Last May, the company’s agreement with the Federal Communications Commission not to impose data caps expired.
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The surges observed by Open Vault reflect our increasing reliance on the internet for communication, entertainment, careers, and education. Cord cutters, in particular, rely on the internet for all of their streaming services, which can mount up if you have numerous TVs and family members watching at home. The research also stated that the increase was attributable to a growing population of “extreme power users” who consume more than 5 TB per month.
The increasing numbers may also indicate that more people are switching from traditional cable providers to 5G options. The growing popularity of 5G has already caused cable internet providers to change their offerings in order to remain competitive and profitable while attracting new consumers and retaining old ones. Even with 5G, there are concerns about whether these services can sustain the massive predicted increase in usage.
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