The fixed broadband subscriptions in Kenya have shown significant growth from 2013 to 2023, increasing from 74.14 thousand to 469.19 thousand subscriptions. The highest year-on-year growth was recorded in 2017 at 117.26%, followed by steady growth rates, albeit with some fluctuations. The last two years saw a year-on-year variation of 1.02% in 2022 and 5.61% in 2023. Over the past five years, the Compound Annual Growth Rate (CAGR) has averaged 4.78%. By 2028, it is anticipated that the number of fixed broadband subscriptions will reach 587.47 thousand, with a forecasted 5-year CAGR of 3.47%, indicating a stable but slower growth rate compared to the previous decade.
Future Trends to Watch For:
- Increased competition among broadband service providers, potentially spurring innovation and better service offerings.
- Rising demand for high-speed internet driven by the digital transformation in various sectors including education, healthcare, and commerce.
- Potential government policies and regulations aimed at increasing broadband penetration, especially in rural areas.
- Technological advancements such as the deployment of fiber-optic networks, which could further enhance internet speeds and reliability.
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