The Total Fixed Broadband Subscriptions in South Africa saw significant fluctuations from 2014 to 2023, peaking in 2015 with a substantial year-on-year increase of 66.87%. Following this, the trend experienced a decline with noticeable drops in 2016, 2017, and 2018, before modest recoveries in 2019 and 2020. Entering 2023, the subscriptions stood at 669.66 thousand, marking a slight decline of 0.43% from the previous year. The compound annual growth rate (CAGR) over the last five years was 0.57%, indicating relative stability despite minor year-on-year variations.
Future trends to watch for include the anticipated slight decline in total subscriptions over the next five years, with a forecasted CAGR of -0.37% and an overall decline rate of 1.84% by 2028. Key factors such as technological advancements, economic conditions, and government policies will play pivotal roles in shaping the market dynamics.
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