Cisco: Internet Traffic to Boom

Includes: CSCO, NT
by: Mark Evans

If you’re a telecom equipment supplier banking on the Internet’s growth to drive sales, a new forecast from Cisco (NASDAQ:CSCO) can only be good news.

Cisco suggests traffic on the world’s networks will jump 46% a year from 2007 to 2012. In 2012, Cisco claims Internet video traffic will be a staggering 400x carried on the U.S. Internet backbone in 2000. Video-on-demand, IP-TV, P2P and Internet video will account for 90% of all consumer IP traffic in 2012.

For more, check out GigaOm, which suggests Cisco’s forecasts look reasonable.

Here’s a cool chart looking at Internet traffic growth around the world.

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