Over the past decade, the total fixed broadband subscriptions in Paraguay have shown a fluctuating trend. Starting at 121.43 thousand subscriptions in 2014, the numbers saw a decline each year until 2016. A notable increase occurred in 2017 with a 17% rise but was followed by minor decreases and increases up to 2023, where it stood at 116.82 thousand subscriptions. The year-on-year variation for 2023 was a slight decline of 0.13%, which highlights a stagnant trend over the recent year. The compound annual growth rate (CAGR) from 2018 to 2023 calculated a minor decline of 0.12% annually.
Looking ahead, the forecasted data from 2024 to 2028 anticipates a slight and gradual downward trend in fixed broadband subscriptions, averaging a decrease of 0.14% annually (5-year CAGR), which translates to an overall 0.7% decline over the next five years. Subscriptions are still expected to hover steadily around the 117 thousand mark.
Future Trends to Watch for:
- Analyze shifts towards mobile and other broadband technologies potentially impacting fixed broadband subscriptions.
- Observe any market changes, investments in infrastructure, or governmental policies aimed at improving digital connectivity.
- Track the evolution of consumer behavior in adopting new internet services.
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