Singapore maintained its status as the country with the best Internet connection worldwide, according to an Akamai report.
During the first quarter of 2017, the peak connection in the City reached 184.5 megabits per second (Mbps). On the other hand, South Korea ranked first in terms of average speed at 28.6 Mbps, followed by 21.9 Mbps in Hong Kong, and 20.3 Mbps in Singapore, the report noted.
The peak connection speed in Singapore significantly exceeded the global average between January and March, which rose 28 percent year over to 44.6 Mbps. India recorded the lowest peak connection at 41.4 Mbps, while the Philippines logged the slowest average connection at 5.5 Mbps.
For Asian telecommunications companies such as Singtel Satellite, the report may provide valuable insights on how they can help in improving the city-state’s average speed connection. Teleport hosting services, for instance, can help enterprises reach out to potential customers in distant and hard-to-reach locations.
Overall, the Akamai report showed that online connectivity increased in the Asia-Pacific region during the first quarter, amid a rise in the global average connection speed.
PwC said that Internet penetration in Singapore might reach 85.3 percent by the end of 2021, while high-speed penetration of mobile Internet could be 91.3 percent. The expansion of LTE network services and the entry of a new telecommunications company will contribute to this expected growth.
Over the projected period, revenues from mobile Internet will increase by 10.7 percent at a compound annual growth rate (CAGR) to US$2.3 billion. On the other hand, revenues from all forms of Internet access will amount to US$3.3 billion, up by 8.9 percent on a CAGR basis.
In this age where online technology grows at a rapid pace, it becomes more relevant for businesses to seek modern telecommunications and Internet platform solutions to keep up with changing trends.