2007, big year for US broadband? (GigaOM)

2007, big year for US broadband?: “

If you believe some of the forecasts that have started to show up in our inbox, then 2007 will prove to be a blockbuster year, up 29.6% from 2006 in terms of total subscribers.

Pike & Fischer forecast that there will be 70 million broadband users by end of 2007, with cable operators holding a razor thin margin over DSL. Fiber networks are still in the emerging category, I guess.

They say that would add up to 58% total US household penetration, and about 74% of the total home Internet connections. Pike & Fischer has forecasted that there will be 54 million broadband subscribers in the US at the end of 2006. The 2007 boost is about 29.6%. In comparison, there were 42.9 million subscribers at the end of 2005, and the 2005-to-2006 growth was 25.6%.

Are you finding these forecasts a tad too optimistic, or do you feel that near-30% growth is quite feasible? The reason for my doubts: broadband providers has picked the low hanging fruit and this growth means that there will lower-priced additions to the overall number, and broadband providers will have to work hard to attract new users. In other words, more money will be spent on advertising and marketing!

(Via GigaOM.)