IP traffic to grow at annual rate of 29% until 2016
May 31 , 2012
Network equipment maker Cisco Systems expects Internet Protocol traffic to grow at an annual rate of 29 percent in the next four years on the back of strong demand for video and the increased use of smartphones and tablet.
By 2016, annual global IP traffic is forecast to be 1.3 zettabytes, which are units of information equal to 38 million DVDs per hour.
The traffic generated from 1984 to 2012 so far stands at 1.2 zettabytes.
Globally, video will account for 54 percent of all consumer Internet traffic in 2016, compared to 51 percent in 2011.
According to Cisco, it would take over six million years to watch the amount of video that will cross global IP networks every month in 2016.