Forecast: Total Fixed Broadband Subscriptions in Indonesia

The total fixed broadband subscriptions in Indonesia have shown substantial growth from 2013 to 2023, increasing from 3.25 million to 10.78 million. The significant growth periods were 2016-2018, where year-on-year increases were particularly high. In more recent years, growth has moderated with a 5.01% year-on-year increase in 2023. The compound annual growth rate (CAGR) over the past five years was 3.96%.

From 2024 onwards, fixed broadband subscriptions are projected to continue growing at a slower but steady pace, reaching 13.22 million by 2028. The forecasted 5-year CAGR is 3.15%, indicating moderate growth over the next 5 years. Key aspects to watch include technological advancements, broadband infrastructure developments, and government policies supporting digitalization.