Forecast: Fixed Line Outbound Voice Calls in India

The analysis of Fixed Line Outbound Voice Calls in India shows a clear declining trend over the years. In 2023, the volume stood at 122 Unit Minutes Time, reflecting a consistent year-on-year drop. The decrease varied between 3.91% and 5.43% annually from 2013 to 2023. Notably, the 5-year compound annual growth rate (CAGR) leading up to 2023 was -4.92%, indicating a steady decline.

The forecasts from 2024 to 2028 project a continuation of this downward trend, with a forecasted 5-year CAGR of -5.43%. By 2028, the volume is anticipated to further reduce by approximately 24.35%, reaching 87 Unit Minutes Time.

Future trends to watch for include the impact of increasing mobile and internet penetration, the shift toward VoIP and other digital communication platforms, and changes in consumer behavior preferring mobile over fixed lines. This declining trend is likely to persist if these factors continue to evolve.