In the US, the forecast indicates a steady decline in total telephone lines from 2024 through 2028, with values decreasing from 28.61 to 24.17 per hundred persons. This declining trend suggests a shift away from traditional landline services, with a year-on-year decrease of approximately 4% to 5%. From a compound annual growth rate (CAGR) perspective, over the five years from 2024 to 2028, there is an average annual decline of around 3.75%.
Future trends to watch for include the potential impact of technological advancements in communication and the increasing adoption of mobile and internet-based services. This shift could further accelerate the decline in traditional telephone lines as consumers migrate to more contemporary communication solutions.
