Forecast: Number of Fixed Broadband Subscriptions in Angola

The data indicates a fluctuating trend in the number of fixed broadband subscriptions in Angola from 2013 to 2023. In 2023, subscriptions stood at 161.45 thousand. The year-on-year variation was significant initially, with a peak in 2014 at 293.82% and then followed by a drastic decline in 2016 at -44.83%. However, a consistent upward trend observed more recently, with an average CAGR of 8.06% in the last 5 years leading up to 2023. Notably, the year-on-year change for 2023 noted a substantial increase at 17.16%, reflecting a recovery and growth phase.

Looking ahead, the forecast indicates a continued steady growth in fixed broadband subscriptions, with predictions showing a 4% CAGR from 2024 to 2028, suggesting a 21.67% growth rate over this period. As Angola continues to develop its telecommunications infrastructure, it is crucial to keep an eye on governmental policies, investment in infrastructure, and shifts in consumer demand and behavior which could significantly impact the growth trajectory.

Future trends to watch for:

• Government and private sector investments in broadband infrastructure.
• Technological advancements and their adoption rates.
• Economic factors influencing consumer purchasing power.
• Digital inclusion initiatives and policies promoting internet access.