Key Market Indicators
The number of broadband subscriptions in the Faroe Islands is set to increase 1.7% annually over the next five years, rising from 19,900 in 2021 to 21,800 in 2026. Since 2006, demand for broadband in the Faroe Islands has grown an average of 2.1% per year. In 2021, the country ranked 154th in terms of broadband subscriptions, with Monaco ahead at 19,900. The United States, Japan, and Brazil took the top three spots, respectively.