The total fixed broadband subscriptions in Australia have shown a general upward trend from 2013 to 2023, with a few minor declines. In 2023, the number of subscriptions stood at 9.1382 million, reflecting a 2.91% increase from the previous year. Particularly noteworthy are the peaks in 2014 and 2020 with YoY increases of 9.28% and 8.57% respectively. Despite a slight dip in 2018 and 2022, the overall trajectory is upward, averaging a CAGR of 3.65% over the past five years.
Future trends indicate continued growth with forecasts suggesting a CAGR of 1.93% from 2024 to 2028, achieving a 10.02% total growth rate by 2028.
Future trends to watch for:
- The impact of emerging technologies on broadband demand.
- Government policies and investments in broadband infrastructure.
- Consumer behavior shifts towards fixed broadband vs. mobile broadband usage.
