In 2023, cable fixed broadband subscriptions in Belgium stood at approximately 2.786 million, marking a year-on-year increase of 3.49%. Over the past two years, from 2021 to 2023, the market exhibited stable growth with roughly consistent annual increases of around 3.5%. When examining the last five years, the CAGR was approximately 3.55%, illustrating steady expansion in the market. For the forecasted period from 2024 to 2028, the market is expected to grow at a CAGR of 2.4%, translating to a forecasted growth rate of 12.6% over these five years.
Future trends to watch for:
- Market saturation impacting the growth rate.
- Technological advancements and the integration of higher-speed connections.
- Potential competition from other broadband technologies such as fiber-to-the-home (FTTH).
- Regulatory changes influencing market dynamics.
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