Forecast: Cable Fixed Broadband Subscriptions in South Korea

The trend in cable fixed broadband subscriptions in South Korea has shown a consistent decline from 2013 to 2023. In 2023, subscriptions stood at 2.2596 million, marking a significant drop from 4.7412 million in 2013. Year-on-year variations indicate a notable decrease, with rates such as -7.91% in 2022 and -8.5% in 2023. The compound annual growth rate (CAGR) over the past five years reached -8.28%, suggesting a persistent downtrend.

Looking forward, the forecasted data from 2024 to 2028 point towards a continued decline, with a projected 5-year CAGR of -9.57% and an overall reduction of 39.53% by 2028. Key future trends to watch for include:

- The potential impact of emerging technologies like 5G on broadband demand.

- Shifts towards mobile internet and other high-speed alternatives.

- Regulatory changes and government policies promoting digital infrastructure.

- Consumer behavior patterns and preference shifts.

Monitoring these factors will be crucial for anticipating further developments in the broadband market.