Forecast: Number of Fixed Broadband Subscriptions in Mexico

In 2023, the number of fixed broadband subscriptions in Mexico stood at 25.881 million. The year-on-year variation between 2022 and 2023 was 4.16%, indicating a moderate increase. The Compound Annual Growth Rate (CAGR) over the last five years (2018-2023) was 7.11%, reflecting steady growth in broadband adoption during this period.

Since 2013, the market has shown periods of both moderate and significant expansion, such as in 2020, where the year-on-year variation reached 16.31%. However, the rate of growth has slightly decelerated in recent years, as seen in the 1.09% increase from 2021 to 2022.

Projections from 2024 onwards suggest continued growth, though at a slower pace, with a forecasted CAGR of 2.79% over the next five years. By 2028, the number of fixed broadband subscriptions is expected to reach 30.876 million, representing a 14.78% increase from 2023.

Future trends to watch for include the impact of emerging technologies, government policies to enhance internet access, and the role of new market entrants in driving broadband penetration in underserved areas.