The fixed broadband subscriptions in the Philippines have shown a positive trend from 2023 onwards, beginning at 6.16 subscriptions per hundred persons. Over the subsequent years, this number is expected to progressively rise, reaching 7.24 subscriptions per hundred persons by 2027. The year-on-year growth from 2023 to 2024 is approximately 4.5%, and this growth shows a nearly constant pace in the following years, with annual increases between 3.5% and 4.0%. The Compound Annual Growth Rate (CAGR) for the period from 2023 to 2027 stands at an average of 4.1% per annum, indicating a steady uptake in fixed broadband services.
Future trends to watch for include the impact of ongoing infrastructure development, governmental policy changes promoting digital inclusion, and evolving consumer preference shifting towards higher-speed internet plans. Additionally, the entry of new market players and technological advancements could further accelerate this growth trend, potentially pushing the adoption rates even higher.
