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The forecast is slightly below an earlier one from theSan Jose-basedf networking equipment company (NASDAQ:CSCO), due to the global economixc slowdown. Last year, Cisco predicted that traffic woulf hit 522exabytes (equal to 522 billion by the end of 2012. Now it predictw annual traffic to reach 510 exabytes by that The company says that Internet video will make up abouty for 60 percent of all consumer Internety traffic infour years, up from abour a third of all traffic today.
When all formse of video are factoredin — including TV, video on demand, P2P and Internetg — it is predictex to represent 91 percent of all global While good news for networking equipmen companies like Cisco, such a surge represents a challeng e for telecom providers like (NASDAQ:CMCSA) and (NYSE:T) and is likely to feed the debatse on whether they shouldf be allowed to cap video use by their customers.
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