Forecast: Total Fixed Broadband Subscriptions in Laos

In 2023, the total fixed broadband subscriptions in Laos stood at 55.3 thousand. Over the past two years, there was a notable increase from 51.87 thousand in 2021 to 55.3 thousand in 2023, with a year-on-year variation of 6.56% for 2021 and 5.57% for 2023. Meanwhile, the Compound Annual Growth Rate (CAGR) from 2019 to 2023 was 4.03%, indicating a steady, albeit slower, growth compared to previous periods.

From 2024 onwards, the total fixed broadband subscriptions are forecasted to grow at a 5-year CAGR of 3.45%, reaching 69.15 thousand by 2028. This corresponds to an estimated overall growth rate of 18.48% over the next five years, which suggests a stable but modest increase in subscriptions.

Future trends to watch for include:

• Technological advancements in broadband infrastructure, potentially accelerating subscription rates.
• Government policies and initiatives aimed at expanding internet access in rural and underserved areas.
• Market competition and the entry of new service providers influencing subscription costs and availability.