Forecast: Cable Fixed Broadband Subscriptions in Mexico

In recent years, Mexico's cable fixed broadband subscriptions exhibited significant growth, increasing from 2.34 subscriptions per hundred people in 2013 to 8.41 in 2023. The year-on-year growth peaked in 2015 at 37.2% before gradually slowing to 5.83% by 2023. The compound annual growth rate (CAGR) over the last five years (2019-2023) averaged 8.45%, showing a downward trend compared to earlier years.

Looking ahead, the forecasted data from 2024 to 2028 predicts a continued increase, though at lower growth rates. The forecasted CAGR for the next five years is 3.81%, suggesting a maturation of the market. By 2028, subscriptions are expected to reach 10.7 per hundred people, reflecting a forecasted growth rate of 20.55% over the five-year period.

Future trends to watch for include technological advancements in broadband infrastructure, increased competition from fiber optic networks, and regulatory changes that may impact market dynamics. Additionally, the post-pandemic digital shift and the government's digital inclusion initiatives are likely to influence market penetration and subscription rates.