Cable modem broadband service is expected to grow at high speeds. In-Stat/MDR reports that total worldwide cable modem subscribers reached 27 million in mid-2003, and is expected to hit 34 million by the end of the year. By 2007, In-Stat/MDR projects that there will be 68 million worldwide cable modem subscribers.
By geographic region, North America has the most cable modem subscribers with over 14.6 million. Comparatively, Leichtman Research Group (LRG) estimates that DSL only accounted for roughly 6.8 million U.S. subscribers at the end of the first quarter of 2003.
Supporting data from the Pew Internet & American Life Project indicates that modems served as the primary way people log on using broadband. In March 2003, 67 percent of broadband users connect using cable modems