In 2023, the number of fixed telephone subscriptions in Australia stood at 6.2 million. Forecasted data indicates a consistent decline over the coming years: 5.989 million in 2024, 5.7818 million in 2025, 5.5766 million in 2026, 5.3735 million in 2027, and 5.1724 million in 2028. This represents a year-on-year decrease: -3.48% from 2023 to 2024, -3.45% from 2024 to 2025, -3.54% from 2025 to 2026, -3.65% from 2026 to 2027, and -3.74% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) from 2023 to 2028 is -3.57%, indicating a steady decline.
Future trends to watch for include a potential acceleration in the decline of fixed telephone subscriptions as mobile and VoIP technologies continue to advance. Additionally, shifts in regulatory policies and the adoption of next-generation communication technologies may further impact the fixed-line market.
