The number of fixed broadband subscriptions in Kenya has shown remarkable growth from 2013 to 2023, with an impressive spike in 2017 and consistent growth thereafter. The year-on-year growth rate peaked in 2017 at 117.26% but slowed down to 9.79% by 2023. The last five years (2019-2023) have seen a Compound Annual Growth Rate (CAGR) of 18.81%. Looking ahead, the forecasted CAGR from 2023 to 2028 is expected to be 5.39%, with a total growth rate of 30% over these five years, indicating a moderation in growth as the market matures.
Future trends to watch include the impact of technological advancements, government policies aimed at enhancing internet penetration, and the role of price competition among service providers in driving further growth in Kenya’s fixed broadband subscriptions.
