Citing government-initiated projects as the reason for its continuous uptake, the firm said fixed broadband is projected to grow 17.3% to reach 182 million users by the end of 2009, clocking estimated billings of $44.9 billion, a rise of 13.3% over 2008.
Frost & Sullivan industry analyst Adeel Najam said he is expecting telcos to continue deploying basic xDSL infrastructure, spurring further growth in the fixed broadband space.
Najam believes, however, that the continuing rise of mobile broadband adoption will not make a dent on fixed broadband subscriptions in Asia Pacific. "In the age of convergence and multi-play services, both wireless and fixed broadband should be viewed as complementing technology to offer subscribers with blended services," he said.
"While mobile broadband has significantly lower throughput than fixed access, it provides residential users with the convenience of 'on-the-go' connectivity," he added.
New analysis from the same research house, on the other hand, said the broadband subscriber rate in the Asia Pacific region will grow at a CAGR of 14.1% annually within the period of 2009-2014.
"The bulk of bandwidth growth and network roll-outs in the next few years will be driven by fibre-to-the-node deployments aided mainly by government spending on national high-speed broadband projects," Najam said.
Najam adds that technologies such as Web 2.0 apps, social networking, file sharing, online gaming as well as the decreasing cost of PCs and netbooks will continue to spur broadband subscription in the region.
"Consumer appetite for broadband will be spurred by the demand for high throughput value-added services such as IPTV and video-on-demand," he added.
The Philippines, however, continues to trail behind broadband penetration in the region, as the firm reports South Korea, Hong Kong, Singapore, Taiwan, Australia and Japan as the top countries with the highest penetration rates.
China, on the other hand, leads the region for subscription rates, registering 83.4 million users of the service.