Forecast: Number of Fixed Broadband Subscriptions in Chile

The number of fixed broadband subscriptions in Chile has shown a consistent increase from 2013 to 2023, reaching 4.6711 million subscriptions by 2023. This increase reflects a significant trend towards higher broadband penetration, driven by technological advancements and increased internet usage. The year-on-year growth has fluctuated, with the highest increases seen in 2020 (9.74%) and 2021 (13.8%). The compound annual growth rate (CAGR) for the past five years stands at 7.52%, indicating steady growth in the sector.

Looking forward, the forecast data from 2024 to 2028 predicts a continued rise in subscriptions, albeit at a slower growth rate. The forecasted 5-year CAGR is projected at 3.22%, with the total number of subscriptions expected to reach 5.7253 million by 2028, representing a 17.17% growth from 2023.

Future trends to watch for:

• Emergence of new broadband technologies such as 5G and their impact on fixed broadband adoption.
• Government initiatives aimed at increasing internet access in rural and underserved areas.
• Potential market saturation and its effect on the growth rate of new subscriptions.
• Shifts in consumer behavior towards more mobile and versatile internet solutions.