The cable fixed broadband subscriptions in Mexico experienced significant growth from 2013 to 2023, rising from 2.77 million to 10.56 million subscriptions. The year-on-year variations over this period exhibited fluctuations, with notable increases such as 38.68% in 2015 and 17.98% in 2020. In more recent years, growth rates have moderated, with a 5.85% increase in 2022 and a 5.47% increase in 2023. The compound annual growth rate (CAGR) has been on a declining trend, from 20.36% in 2018 to 8.61% by 2023.
Looking ahead, the forecast period from 2024 to 2028 shows a continued, albeit slowing, increase in subscriptions. The forecasted CAGR is 3.55%, with an estimated growth rate of 19.05% over the five years. Future trends to watch for include technological advancements in broadband infrastructure, government policies promoting digital inclusion, and competitive dynamics in the telecommunications sector. Additionally, shifts in consumer demand for high-speed internet services and the adoption of emerging technologies will also play a crucial role in shaping the market.
