Forecast: Total Fixed Broadband Subscriptions in India

In 2023, total fixed broadband subscriptions in India stood at 22.154 million, representing a 3.3% increase from the previous year. The past decade showed fluctuating growth, with significant variation from a low of -4.27% in 2017 to a high of 10.1% in 2016. The compound annual growth rate (CAGR) over the last five years indicated a modest average increase of 4.04% annually. Projected CAGR over the next five years is forecasted to slow to 2.16%, culminating in an overall growth rate of 11.3% by 2028.

Future trends to watch include:

• Emerging technologies and their impact on broadband infrastructure.
• The shift from fixed to mobile broadband services.
• Government policies and initiatives to enhance broadband penetration.
• Potential market disruptions from new entrants or innovations.