Forecast: Total Fixed Broadband Subscriptions in Mexico

The fixed broadband subscriptions in Mexico have shown a steady increase over the years, reaching 21.048 million in 2023. The year-on-year growth has significantly fluctuated, starting from 34.67% in 2014 rising dramatically to 594.98% in 2015, and then showing a more steady growth trend with minor fluctuations in subsequent years. Over the last two years, the year-on-year growth was 0.66% in 2022 and increased to 5.28% in 2023. Over the past five years, the compound annual growth rate (CAGR) stood at 5.78%. Looking ahead, the CAGR is forecasted to be 3.29% with an overall growth rate of 17.59% by 2028.

Future trends to watch for include the potential impacts of emerging technologies on broadband infrastructure, governmental policies aimed at increasing digital inclusion, and competitive dynamics within the telecommunications sector. Additionally, advancements in wireless technology, such as 5G, may influence the fixed broadband market dynamics.