The arrival of new WiFi standards may be slowing, but consumer data consumption is showing no similar mercy. Network management vendor OpenVault has released its latest Broadband Insights (OVBI) report, which suggests that US homes could be consuming over 1 TB of data per month by 2029. Average broadband data consumption in the US has now surpassed 641 GB per month, up 9.3% from the end of 2022. The vast majority of this is downstream, at 600.9 GB per month, while upstream usage is just 40 GB. Average speeds are 508 Mbps downstream versus 28 Mbps upstream. If current growth rates persist, it looks likely that average bandwidth usage for US homes will be over 700 GB per month by…