Forecast: Fixed Telephone Subscriptions in India

The data on fixed telephone subscriptions in India from 2013 to 2023 shows a significant decline initially, followed by a notable recovery and growth. From 2013 to 2020, there was a consistent decline in subscriptions, with YOY decreases ranging from 4.93% to 8.15%. However, from 2021 onwards, the trend reversed, showing a strong recovery with YOY growth rates of 17.62% in 2021 and 14.68% in 2022. By 2023, India had 2.07 fixed telephone subscriptions per hundred persons, reflecting a 7% YOY growth and a positive 5.35% CAGR.

Future trends to watch for:

• Continued positive growth trend from 2024 to 2028 with a forecasted 2.52% CAGR.
• Potential impact of technological advancements and fiber-to-the-home (FTTH) services on fixed telephone subscriptions.
• Influence of government policies and infrastructure investments in boosting the fixed line network.
• Consumer preference trends towards fixed telephony for reliable internet and integrated services.