Percent of Annual Income: Cable & Internet bills amount to 2% of consumers’ income per year.Average Monthly/Annual Cost: $116 spent per month $1,392 spent per year.Total Market Size: $147 billion spent per year.
Cable & Internet Market Size and Household Spending Report breaks out the household spending market size percentage of households that pay each bill and average monthly and annual bill pay costs by state, largest metro areas and cities based on population. Cable & Internet Market Size and Household Spending Report FindingsĭoxoINSIGHTS leverages doxo’s unique, aggregate, anonymized bill pay data comprised of actual bill payment activity to confirmed household service providers across the country. “Alongside our app-which simplifies the task of staying on top of bills to help improve financial health-these reports support doxo’s ongoing mission to empower our consumer users, billers, and financial service providers alike to make better decisions.” bill pay economy transparent and understandable for all,” said Jim Kreyenhagen, VP of Marketing and Consumer Services at doxo. “doxoINSIGHTS’ Cable & Internet Market Size and Household Spending Report leverages our proprietary dataset to help make the U.S. To learn how the Emergency Broadband Benefit Program will benefit consumer spend on monthly Cable & Internet Bills broken down by U.S. How the FCC’s Emergency Broadband Benefit Program Will Help Reduce Consumer Spend on Monthly Cable & Internet Bills
spends $116 per month on Cable & Internet, this benefit could cut consumers’ monthly bill in half, saving them up to 43% per month and upwards of $600 per year. Given that the average household in the U.S.
Cable & Internet Market Size and Household Spending Report is particularly timely given the recent launch of the FCC’s Emergency Broadband Benefit program, which will provide a subsidy of up to $50 per month for Internet service for those who qualify. household spending market size percentage of households that pay each bill and average monthly and annual bill pay costs by state, largest metro areas and cities based on population.Īs many people worked from home over the past year, they needed to adjust the amount spent on Cable & Internet to meet their increased usage needs. households with a Cable & Internet bill spend $116 per month, or $1,392 per year – or $1,141 per year when averaging across all U.S. A statistical analysis of actual household payments toward Cable & Internet bills was used to size the market and amount spent per household across 37,000+ (90%) U.S. Cable & Internet Market Size and Household Spending Report for 2021, revealing that Americans spend $147 billion annually on Cable & Internet bills. SEATTLE-( BUSINESS WIRE)- doxo, the innovative web and mobile bill pay service, today released its U.S.
0 kommentar(er)
