Verizon on Monday announced that it is boosting FiOS upload speeds to match download speeds. This means it'll be faster to do things like upload videos and back up files online.

The cheapest FiOS Internet speed tier will now deliver 15 megabits per second up and down, an increase from 15 megabits down and 5 megabits up. On the fastest tier, speeds will increase from 500Mbps down and 100Mbps up to 500Mbps up and down.

"Faster upload speeds means better sharing experiences," Mike Ritter, Verizon's chief marketing officer for consumer and mass business, said in a statement. "All Internet sharing — whether videos, large photo files or gaming — starts with uploading."

Verizon said it would transition current residential customers to these higher upload speeds for free "throughout the coming months." Later this year, Verizon will roll out the upgrade to FiOS small business customers as well.

The upgrade comes as users are uploading more content than ever. A recent IDC study cited by Verzion found that more than 20 percent of U.S. broadband households are "power users," meaning they upload nearly as much content as they download. IDC expects the population of these power user households to grow 60 percent by 2017.

"IDC believes that both the upload and download speed demands of today's power user will inevitably become the norm in the coming years," Matt Davis, program director of consumer multiplay and broadband services research for IDC, said in a statement.

Verizon predicted upload activity on the FiOS network to double by late 2016 and continue to grow from there.

For more, see PCMag's rundown of the Fastest ISPs in the U.S.