Based on the forecast data, fixed broadband subscriptions in Mexico are expected to show a consistent year-on-year growth from 21.6 subscriptions per hundred persons in 2024 to 25.02 in 2028. In 2023, the figure stood at 20.8 subscriptions per hundred persons. The percentage year-on-year variations are approximately 3.98% from 2024 to 2025, 3.84% from 2025 to 2026, 3.65% from 2026 to 2027, and 3.51% from 2027 to 2028. The compounded annual growth rate (CAGR) for the period from 2023 to 2028 is about 3.74%, indicating a steady incline in fixed broadband penetration.
Future trends to watch for include:
- Increasing urbanization which could drive higher demand for fixed broadband services.
- Technological advancements and infrastructure improvements that could potentially enhance broadband speeds and availability.
- Government policies and incentives aimed at boosting digital connectivity across rural and underserved areas.
- Potential competition from mobile broadband solutions which might influence the fixed broadband market dynamics.