The total fixed broadband subscriptions in Finland have shown varied growth over the past decade. In 2023, the subscription rate stood at 34.45 units per hundred persons. Observing the year-on-year variations, the growth has generally been positive, albeit with some minor declines in certain years such as 2015 and 2016. Over the last two years, the subscription rate increased modestly by 1.05% in 2022 and 1.04% in 2023. The Compound Annual Growth Rate (CAGR) over the last five years was 1.81%, indicating a steady increase in fixed broadband subscriptions.
Looking ahead, the forecasted CAGR for the next five years is expected to be 0.79%, resulting in an overall growth rate of 3.99% by 2028. This suggests a continued but slower increase in subscription rates.
Future trends to watch for include the impact of emerging technologies such as 5G and fiber-optic networks, which could enhance broadband capacities and potentially shift consumer preferences towards newer, more efficient services. Monitoring regulatory changes and competitive dynamics within the Finnish telecommunications market will also be crucial.