Forecast: Broadband Cable Suscriptions in the US

The broadband cable subscription rate in the U.S. has shown a noticeable upward trend over the past decade, increasing from 17.03 subscriptions per hundred persons in 2013 to 24.87 in 2023. The year-on-year growth rate experienced variances, peaking at 6.9% in 2020 with a subsequent slowdown in 2022 at 0.32%. The five-year CAGR from 2018 to 2023 stands at 3.5%, indicating steady growth.

Future projections suggest a continued increase, reaching 28.35 subscriptions per hundred persons by 2028, with a forecasted five-year CAGR of 2.07% and an overall forecasted growth rate of 10.79%. Year-on-year growth is expected to remain moderate.

Key future trends to watch for include potential market saturation, technological advances in broadband infrastructure, and the increasing competition from wireless broadband alternatives, which could influence subscription rates.