Forecast: Total Telephone Lines Number in Vietnam

Over the past decade, the number of total telephone lines in Vietnam has been on a steady decline. From 6.7253 million in 2013, this figure has dropped to 3.9529 million by 2023. The most significant year-on-year variation occurred between 2013 and 2014 with a massive decrease of 29.62%, reflecting a sharp reduction in the adoption of traditional telephone lines. Subsequent years demonstrated a consistent downward trend, with annual decreases averaging around 5% in recent years.

The Compound Annual Growth Rate (CAGR) over the last five years leading to 2023 fell by approximately 5.2% each year, illustrating a persistent decline in the use of telephone lines. Forecasts project this trend to continue with a progressive reduction, and by 2028, the number of telephone lines is anticipated to further diminish to 2.7399 million, emphasizing a forecasted 5-year CAGR of -5.82% and an overall reduction by 25.91% from 2023 levels.

Future trends to watch for include the potential impacts of increasing mobile and data communication penetration, advancements in Internet-based communication technologies, and government telecommunications policies. It will be important to monitor how these factors influence the continued relevance and adoption of traditional telephone lines in Vietnam.