Forecast: Total Fixed Broadband Subscriptions in Belgium

Total fixed broadband subscriptions in Belgium have been steadily increasing from 3.2074 million in 2013 to 5.2894 million in 2023. This represents a compound annual growth rate (CAGR) of 5.39% from 2013 to 2019, with notable fluctuations including peak year-on-year growth of 10.46% in 2013 and a slight decline of -1.23% in 2022. Year-on-year variation over the past two years shows a dip in 2022 followed by recovery to a 3.51% growth in 2023. The forecasted data from 2024 to 2028 suggests continued growth albeit at a lower 5-year CAGR of 2.29%, reaching 6.1436 million subscriptions by 2028.

Future trends to watch for:

• Reduced year-on-year growth indicating market saturation.
• Introduction of new broadband technologies that could drive additional growth or replacement cycles.
• Potential impact of regulatory changes and market competition on subscription rates.
• Shifts in consumer preferences towards higher-speed, more reliable connections.