Internet traffic in Argentina grew by 35% in one year

Internet traffic in Argentina recorded last August an increase of 35% YoYwith an average of 2.1 terabit per second at the national level, according to data from the Argentine Internet Chamber (Cabase), which collects data from the network of 32 interconnection points Of the entity.

From Cabase they indicated that the growth was driven by the growing demand for bandwidth required by the users’ favorite applications, according to the Télam news agency.

In this regard, the President of Cabase, Ariel Graizer, told Télam that traffic grows “with lower rates due to a more efficient use of resources, from the content distribution servers (CDNs) and the caches of the large content generators.

Likewise, he considered it “important” to observe “how the capacity of the infrastructure evolves, since that capacity is planned anticipating future needs, as well as the return on investment.”

“Even with the complications of the macroeconomic context, the oscillation of the exchange rate and the impact of DNU 690 on investments, we can say that the planned infrastructure in the Cabase IXP network is sufficient for the medium term, since the capacity of transportation available went from 3,013 Tbps in August 2021 to 4,002 Tbps in the same of this year, adding 1 Tbps with an annual growth rate of 33%“said the Chamber.

Also, leader in Latin America

During the weekend, on the other hand, a report on the “Internet of things” was revealed that revealed that Argentina leads the ranking of the Latin American countries with the largest investments in information technology, followed by Mexico and Peru, officially stood out today.

The report called “Technology as an ally of sustainability” was published in July this year by the EAE Business School, and was based on data collected by the International Data Corporation (IDC).

The Ministry of Science, Technology and Innovation stressed that this represents something positive for the sector, since the increase in the budget for Science and Technology in 2023 was recently announced, reachings 500 billion pesosrepresenting 0.34% of the Gross Domestic Product (GDP) according to the Financing Law of the National Science, Technology and Innovation System enacted in 2021.

Technological activity totaled, in Argentina, a total of 298,955 jobs with a year-on-year increase of 9.4%, the first less than 10% in 11 months and stood 18.9% above April 2019, with an increase of 47,522 positions.

In 2022, employment in the knowledge-based services sector increased by 0.1% in April last in the seasonally adjusted monthly measurement, completing 23 uninterrupted months on the rise, according to a report from the CEP XXI (Center for Production Studies) which also pointed out that for the fifteenth month in a row, all items presented year-on-year increases.

The study indicated that the number of Internet of Things (IoT) connections in Latin America amounted to 791 million and is expected to increase to 1.2 billion in 2025.

In Latin America, there are expected to be 513 million new Internet of Things (IoT) connections between 2020 and 2025.

In this sense, it is estimated that the smart home segment will generate more than 100 million new connections in this indicated period.

The head of the Science, Technology and Innovation portfolio, Daniel Filmus, pointed out that “this report reflects that Argentina has a future based on medium and long-term policies.”

He also highlighted the approval of regulations such as financing, the Knowledge Economy, the recently enacted Law for the Promotion of Bio and Nanotechnology, which he considered “are guarantees and signals that we are giving to a very thriving sector and not to see it is to turn your back on what is coming, on the work of the future”.

In this sense, he emphasized that the country continues to work so that “it continues to be positioned strongly in the region and in the world.”

The report is released in parallel with a UN data on connectivity: a third of the planet still does not have internet.

With information from Telam

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