Internet Service Providers in the US - Industry Market Research Report

Internet Service Providers in the US - Industry Market Research Report
Internet Service Providers in the US

The Internet Service Providers industry uses wired infrastructure to provide clients with internet access and related services, like web hosting, web page designing, and consulting related to internet connectivity. Rising internet usage has benefited industry revenue growth, and government-subsidized network expansion has done the same, increasing the number of US broadband connections. A push toward broadband expansion in rural markets and a rise in demand from business customers has boosted industry revenue, which is expected to increase at an annualized rate of 2.5% to $153.4 billion over the five years to 2023, including growth of 1.6% in 2023 as investments and activity recede from previous highs following a rapid expansion throughout the industry during the COVID-19 (coronavirus) pandemic. Ultimately, industry profit has increased slightly throughout the current period, as improved networks have resulted in cheaper operational costs.

Internet service providers (ISPs) use wired infrastructure to provide clients with internet access and related services, such as web hosting, web page designing and hardware or software consulting related to internet connectivity. Operators, except telecommunications carriers, may also lease out capacity on their networks to support the network infrastructure of other companies, or backbone services. This industry excludes wireless internet and VoIP services.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.