Forecast: Number of Fixed Broadband Subscriptions in Indonesia

The number of fixed broadband subscriptions in Indonesia has shown steady growth over the past decade. In 2023, the value stood at 14.316 million subscriptions. This represents a year-on-year variation of 6.49% from 2022, marking a deceleration compared to previous years. The average variation per year over the last five years (CAGR) was 10.04%, indicating a strong but slowing growth rate.

Future trends to watch for include an expected average annual growth (forecasted 5-year CAGR) of 4.12% from 2024 to 2028, resulting in a total forecasted increase of 22.39% over this period. This suggests a stabilization phase, emphasizing the need for innovation and enhanced service quality to maintain user interest and penetration.