Broadband penetration will exceed 650 million households across the globe, with nearly 430 million to have a data network this year, a report has said.

The white paper, titled 'Trends, Technologies, and Ecosystems: Evolution of the Digital Home' by Parks Associates, cited strong consumer demand for new technologies and devices.

However, it also showed consumers are reluctant to incur additional service fees, especially as they receive multiple offerings from many different providers, the Enterprise Innovation reports.

According to the paper, the whitepaper also predicts that by 2017, broadband service providers worldwide will deploy 120 million residential gateways and routers, rising 60 percent from 75 million in 2012. The report also said that 71% of smartphone owners have at least one paid application installed on their phones while tablet owners watch around six hours of video on the device per week.

From the article, "Broadband to reach 650 million households in 2013." 

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