500 Megabits Per Second… The Future or Futuristic?

The Internet gets faster starting today. The highest FiOS Quantum speed tier yet is being rolled out -- 500/100 Megabits per second broadband speed in markets where FiOS is available. These types of speeds can easily allow users to download a 250 megabyte HD video in 4 seconds or a 2 hour HD Movie in 1.4 minutes. While this type of speed is incredible it also poses questions like…

Do I really need this kind of speed?

While these speeds may not be standard for most (today!) let’s look at the bigger picture: the evolution of technology and the importance of broadband.

The average U.S. household currently owns 7 internet connected devices, according to The NPD Group and that number will only continue to grow.  By 2022, the average household with two teenage children will own roughly 50 Internet-connected devices, according to the Organization for Economic Co-operation and Development. This trend has been dubbed the "Internet of Things". So what does that mean for you?

As more and more devices in your home become connected to the Internet your connection will get slower without adequate broadband capacity, which impacts the overall experience with your devices - the same devices you bought for the ultimate experience. Similar to when appliances are plugged into the same circuit,  the strength gets weaker with each additional appliance. And approximately one-third of small businesses recently indicated a need for broadband service requiring greater capacity networks than currently exist in many locations in the nation, according to the U.S. Small Business Administration.

The Bottom-line

It’s easy to forget that just 10 years ago, dial-up was the common connection to the Internet. Fast forward to 2013 the average Internet speed in American homes has increased to 15.6 mbps with 62% of Internet users in the 2 to 6 Mbps range . And for many small businesses that require moving heavier data – blue prints, videos, ads, image-heavy proposals – more bandwidth is essential. Not to mention, we’ve just started an era when we’ve all become content producers on social media, for example your everyday snowboarders and skiers use Go Pro cameras to record their day on the slopes and create movies using video software to upload online for the world to see. As someone who’s done this before, I can tell you the HD files consume a lot of memory and bandwidth In short, higher bandwidth is becoming more of a necessity then a want!

As technology evolves and society grows with it, FiOS stays ahead. As devices in the home (and office) continue to multiply the broadband bottom-line continues to grow with it. 

Check out Verizon's Internet Speed Test to see how your internet performs.