Thailand's fixed broadband subscriptions experienced significant fluctuations between 2014 and 2023, peaking at 20.13 thousand subscriptions in 2014 and hitting a low of 10.04 thousand in 2016. There were notable year-on-year declines, such as a drop of 37.52% in 2015, contrasted with spikes like the 45.8% increase in 2017. From 2019 to 2023, the trend settled with a moderate decline, culminating in -0.84% year-on-year in 2023 and a 5-year CAGR of -2.62%. As of 2023, the value stood at 15.75 thousand subscriptions.
Looking ahead, fixed broadband subscriptions are forecasted to continue a gradual decline, with a 5-year CAGR of -0.69% leading to a total forecasted value of 15.15 thousand subscriptions by 2028. The market is expected to see a reduction of 3.4% in growth rate over the forecast period.
Future trends to watch include the increasing shift to mobile and wireless broadband solutions, advancements in technology, and government initiatives regarding digital infrastructure, which could impact fixed broadband subscription dynamics.
