The total fixed broadband subscriptions in the US were approximately 127.75 million in 2023. Based on forecasts, subscriptions are expected to increase to 130.62 million by 2024, reflecting a 2.2% growth. Over the subsequent years, the trend continues with annual increments of around 2.2% in 2025, 2.1% in 2026, 2.0% in 2027, and 1.9% in 2028, reaching 141.86 million by 2028. Over the five-year period from 2023 to 2028, the compound annual growth rate (CAGR) is projected to be approximately 2.1%, indicating a steady, albeit slowing, growth trajectory.
Future trends to watch for:
- Technological advancements in broadband infrastructure, including 5G and fiber optics, may spur further increases in adoption.
- Movement towards remote work and online services is likely to maintain or accelerate subscription growth rates.
- Regulatory changes and government initiatives focusing on digital inclusion may also impact subscription levels and market dynamics.
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