The number of fixed broadband subscriptions in Middle East & North Africa has exhibited a robust growth trajectory from 2013 to 2023. In 2023, the volume stood at 65.119 million subscriptions, marking an 8.95% year-on-year increase from the previous year. Looking at the last two years, the growth has been significant, with a 13.18% increase in 2021 and a modest uplift thereafter. The last five years have seen an average annual growth rate (CAGR) of 8.93%, indicating a consistent upward trend.
Future trends to watch for include a forecasted 5-year CAGR of 4.56% from 2024 to 2028, with a total subscription growth rate of 24.96%. Key factors influencing future growth may involve increased internet penetration, government initiatives to improve digital infrastructure, and rising demand for high-speed internet.
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