Forecast: Household Expenditure on Telecom in Italy

Household expenditure on telecom in Italy has seen a consistent decline from 2013 to 2020. The expenditure decreased significantly from €19.15 billion in 2013 to €14.49 billion in 2020. However, from 2021 onwards, the expenditures have shown a positive yet slight growth. As of 2023, the expenditure stands at €14.32 billion, marking a 0.96% year-on-year increase. The recent positive trend continues with forecasted figures showing a steady growth up to €14.99 billion in 2028. The compound annual growth rate (CAGR) over the last five years stands at -2.96%, while the forecasted five-year CAGR is projected at 0.73%.

Future trends to watch for:

• Implementation of 5G and how it impacts household spending on telecom.
• The shift towards bundled services combining telecom, broadband, and OTT services.
• Economic factors influencing disposable income and telecom expenditure.
• Technological advancements in telecommunication infrastructure.