Forecast: Number of Fixed Broadband Subscriptions in Brunei

The number of fixed broadband subscriptions in Brunei has demonstrated a robust growth trajectory from 27.56 thousand in 2013 to 101.08 thousand in 2023, marking a significant increase. Over the last two years, the subscriptions grew by 12.08% year-on-year, showing a steady upward trend. The Compound Annual Growth Rate (CAGR) over the last five years stood at 15.37%, indicating a consistent rise in subscriptions. Looking ahead, from 2024 onwards, forecasts suggest growth will continue, albeit at a slower pace with a forecasted 5-year CAGR of 6.56%. By 2028, subscriptions are expected to reach 153.59 thousand, translating to an overall 37.38% growth rate over the forecast period.

Future trends to watch for include the impact of emerging technologies such as 5G, which might influence fixed broadband adoption, and governmental policies aimed at increasing digital infrastructure investment. Additionally, consumer demand for high-speed internet and the proliferation of smart devices will likely drive further growth in the fixed broadband market.