Forecast: Fixed Broadband Subscriptions in Indonesia

The fixed broadband subscriptions in Indonesia climbed from 1.28 units per hundred persons in 2013 to 5.14 units per hundred persons in 2023, reflecting a compound annual growth rate (CAGR) of 9.12% over the past five years. Recent data shows a growth variation with a 5.36% year-on-year increase in 2023. From a broader perspective, the sector demonstrated robust growth, particularly around 2018 when a year-on-year increase of 41.39% was recorded. Between 2024 and 2028, forecasts suggest a CAGR of 2.79%, indicating a more moderate pace, leading to an estimated figure of 6.18 units per hundred persons by 2028.

Future trends to watch for include advancements in digital infrastructure, increased investment from telecom companies, and government initiatives aimed at closing the digital divide, which may drive additional growth in fixed broadband subscriptions.