Global internet speeds around the world continue to increase by 1.8% quarter-over-quarter and 24% year-on-year just to obtain 3.9 Mbps according to Akamai in their quarterly State of the Internet report. Moreover, Akamai said that global internet speeds would probably reach 4Mbps in the next quarter

South Korea maintains their spot for having the fastest internet speed. This speed climbs up by up to 8% quarter-over-quarter to 23.6Mbps, and a whopping 145% year-over-year increase. Next on the list is Japan with a full 9Mbps speed that saw a 12% increase from the last quarter of 2013.This is followed by Latvia and Finland with 15% and 18% growth respectively.

According to Akamai, global average web speeds increase up to 24% yearly to 3.9Mbps, with 20%of the connections above 10Mbps. They said that a total of 98 regions had an internet speed increase during the first quarter. This includes 39 countries having more than 10% increase per quarter.

Meanwhile, the global high broadband adoption with more than 10Mbps made 20% after growing 9.4% quarter-over-quarter. South Korea still has the biggest broadband adoption rate with 8.2% quarter-over-quarter to have more than three-quarters of requests to Akamai coming in at speeds above 10 Mbps. There was an "astonishing" 1,208 percent rise for high broadband adoption in Sudan, Akamai notes.

However, the global average peak connection speed (the average of the maximum speeds of each unique IP addresses seen by Akamai for a particular area, representing internet connection capacity) dropped 8.6 percent in the first quarter of 2014 to 21.2 Mbps, dialing back on the strong growth in the last quarter.

As in the past reports, Akamai also cited mobile traffic data gathered collected by Ericsson, which is present in more than 180 countries and a customer base representing more than 1,000 networks that showed a strong increase in data traffic growth but flat voice traffic growth. The volume of mobile data traffic increased by 15 percent quarter-over-quarter.