In 2023, the number of Broadband Fibre/LAN subscriptions in the US stood at 29.5 million. According to forecasted data, this figure is expected to reach 32.008 million in 2024, representing an 8.5% year-on-year increase. Looking ahead to 2025, the number continues to grow to 34.876 million, a further 8.9% annual rise. By 2026, the subscriptions are forecasted to hit 37.715 million, maintaining a growth rate of 8.1% per year. In 2027 and 2028, the figures are projected to ascend to 40.525 million and 43.308 million, indicating annual growth rates of 7.5% and 6.9%, respectively. Overall, the Compound Annual Growth Rate (CAGR) over the five-year period stands at approximately 8.0%.
Future trends to watch for:
- The adoption of Fiber-to-the-Home (FTTH) technology.
- Increasing demands for higher internet speeds and bandwidth.
- Potential regulatory changes affecting broadband deployment.
- Advancements in wireless broadband technologies potentially influencing subscription dynamics.
- Market consolidation among broadband service providers.
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