P2P Fuels Global Bandwidth Bing

Peer-to-Peer
Peer-to-Peer
Peer-to-Peer

Joanna Glasner reports: Internet users consumed more bandwidth than ever last year, driven by the growing popularity of peer-to-peer networks and heightened demand for video files.

Burgeoning demand also prompted internet carriers to upgrade their network capacity to handle the upswing in traffic, a new report indicates.

According to TeleGeography, a telecommunications research firm, international demand for bandwidth grew 42 percent in 2004, with the largest upswing in usage coming from Asian nations. Last year marked the second consecutive annual upswing in demand, the firm said, after carriers added 62 percent more capacity in 2003.

“It really seems to be picking up again,” said Alan Mauldin, senior research analyst at TeleGeography, regarding demand for bandwidth among internet carriers surveyed for the report, released this month.

As internet service providers and operators of backbone networks sucked up more capacity, so did end users.

Researchers singled out peer-to-peer file trading as the single fastest-growing consumer of network capacity. Currently, Mauldin said, the amount of traffic from peer-to-peer trading rivals that generated by regular web surfing.

Growing demand for data-rich files, such as movies, is further boosting bandwidth consumption.

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About Shelly Palmer

Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications, co-founder of Metacademy, and the CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with technology, media and marketing. Named LinkedIn’s “Top Voice in Technology,” he covers tech and business for Good Day New York, is a regular commentator on CNN and CNBC and writes a popular daily business blog. He’s the Co-Host of the award-winning podcast Techstream with Shelly Palmer & Seth Everett and his latest book, Blockchain - Cryptocurrency, NFTs & Smart Contracts: An executive guide to the world of decentralized finance, is an Amazon #1 Bestseller. Follow @shellypalmer or visit shellypalmer.com.

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