An upsurge of technological change and a rising tide of new forms of data are working a deep transformation of the Internet’s capabilities and uses. In this third phase of Net evolution, network architectures and commercial business plans reflect the dominance of rich video and media traffic.From YouTube, IPTV, and high-definition images, to “cloud computing” and ubiquitous mobile cameras—to 3D games, virtual worlds, and photorealistic telepresence—the new wave is swelling into an exaflood of Internet and IP traffic.
The U.S. Internet of 2015 will be at least 50 times larger than it was in 2006. Internet growth at these levels will require a dramatic expansion of bandwidth, storage, and traffic management capabilities in core, edge, metro, and access networks. ... Technology remains the key engine of U.S. economic growth and its competitive edge. Policies that encourage investment and innovation in our digital and communications sectors should be among America’s highest national priorities.