Forecast: Total Fixed Broadband Subscriptions in Vietnam

The total fixed broadband subscriptions in Vietnam have demonstrated significant growth from 2013 to 2023, rising from 5.1526 million to 16.382 million. While the annual growth rate peaked in earlier years, recent years have shown more moderate increases. For example, the year-on-year variation in 2023 was 4.76%, and the compound annual growth rate (CAGR) over the past five years stands at 4.74%. Post-2023 forecasts indicate continued growth, albeit at a slower pace, with a projected 5-year CAGR of 3.01% and a forecast 5-year growth rate of 15.97% by 2028.

Future trends to watch for:

• Further market saturation could lead to slower yearly growth rates.
• Technological advancements and government initiatives could boost subscriptions.
• Competition and pricing strategies among service providers might influence growth trends.
• Rural broadband initiatives could open new subscriber demographics.