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003.020.2014 UWEX High Speed Bits New Broadband Economic Data

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Information about 003.020.2014 UWEX High Speed Bits New Broadband Economic Data
Education

Published on March 13, 2014

Author: WI_Broadband

Source: slideshare.net

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March 2014. New data on the impact of broadband internet on economic development, UW Extension Broadband & E-Commerce Education Center
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High Speed Bits: March 20, 2014 New economic impact data for broadband Broadband & E-Commerce Education Center | broadband.uwex.edu

U.S. Technology Adoption Rates (10% Penetration) Broadband & E-Commerce Education Center | broadband.uwex.edu

Broadband Economic Impact http://www.itu.int/ITU-D/treg/broadband/ITU-BB-Reports_Impact-of-Broadband-on-the-Economy.pdf Broadband & E-Commerce Education Center | broadband.uwex.edu

Wisconsin Broadband Dashboard (WIPSC) Broadband & E-Commerce Education Center | broadband.uwex.edu http://wisconsindashboard.org/

What is the Return for $1 Billion+ Investment? Broadband & E-Commerce Education Center | broadband.uwex.edu

Estimated Annual Cost of Digital Exclusion (-) $55 Billion U.S. (-) $1 Billion Wisconsin http://www.econsult.com/articles/030810_costofexclusion.pdf Broadband & E-Commerce Education Center | broadband.uwex.edu

A little fuzzy math Broadband & E-Commerce Education Center | broadband.uwex.edu $55.2 billion/316,128,839 = $175 per citizen $175 x 5,742,713 (WI Pop)= > $1 billion

“If it were a national economy, the Internet economy would rank in the world’s top five, behind only the U.S. China, Japan, and India and ahead of Germany” Broadband & E-Commerce Education Center | broadband.uwex.edu

What is it worth to consumers? Source: http://www.bcg.com/documents/file100409.pdfBroadband & E-Commerce Education Center | broadband.uwex.edu

IDEC Survey 2012 Fewer than 10% believe 4 Mbps is sufficient for advancing their local economies. Broadband & E-Commerce Education Center | broadband.uwex.edu Economic Development Marketing & Attraction

Next Generation Networks http://broadband.uwex.edu/blog/2014/01/much-gig-cost/ Broadband & E-Commerce Education Center | broadband.uwex.edu

High Speed Bits 3.20.14 Broadband & E-Commerce Education Center Broadband.uwex.edu | Twitter @WI_Broadband Presenter: Andy Lewis Broadband and Economic Development Specialist Andy.Lewis@ces.uwex.edu 608-890-4254 Broadband & E-Commerce Education Center | broadband.uwex.edu

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