By the end of 2023, fixed broadband take-up in the UK stood at a certain value as a base for our forecast, showing a steady growth trajectory. The expected rise from 86% in 2024 to 89% in 2028 indicates a gradual increase in household connectivity. The forecast reveals a year-on-year growth pattern of approximately 1%, with a compounded annual growth rate (CAGR) of nearly 0.9% over the five-year period.
Future trends to watch for include:
- Technological advancements that could accelerate broadband uptake, such as 5G and fiber-optic networks.
- Potential regulatory changes affecting infrastructure investment and competition among providers.
- Evolving consumer needs for higher bandwidth driven by remote working and streaming services.
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