Forecast: Fixed Line Outbound Voice Calls in Nigeria

Over the past decade, fixed-line outbound voice calls in Nigeria showed a generally declining trend. From 2013 to 2023, the number of minutes decreased from 87 to 84 unit minutes time. The year-on-year variations highlight a slight downward trend, with some minor increases. Over the last five years leading up to 2023, the compound annual growth rate (CAGR) was -0.47%. Moving forward from 2024 to 2028, the forecast indicates a continued decline, with a forecasted five-year CAGR of -0.48% and a projected overall growth rate of -2.38% by 2028.

Future trends to watch for:

• Continued decline in fixed-line services as mobile and internet-based communication solutions dominate.
• Potential impact of emerging technologies like VoIP and 5G connectivity.
• Consumer behavior shifts towards more flexible and cost-effective communication methods.