Forecast: Fixed Broadband Subscriptions in Spain

The fixed broadband subscriptions in Spain have shown a consistent increase from 2013 to 2023, growing from 26.29 to 36.06 units per hundred persons. This represents an average annual growth rate (CAGR) of 2.14% over the past five years. Year-on-year variation for 2023 was 1.29%, indicating a slight decline in growth rate compared to previous years.

From 2024 onwards, the forecasted data suggests a continued but decelerated growth rate. The 5-year forecasted CAGR from 2023 to 2028 is estimated at 0.83%, indicating slower subscription growth, with a cumulative forecasted growth rate of 4.24% over this period. Growth drivers appear to be moderating as market saturation increases.

Future trends to watch for:

• Potential impact of newer technologies such as 5G, which may influence the preference for mobile broadband over fixed broadband.
• Government and private sector initiatives to expand and improve broadband infrastructure in rural and underserved areas.
• Shifts in consumer behavior towards higher-quality content and usage of Internet of Things (IoT) devices, increasing the demand for higher-speed fixed broadband connections.