Forecast: Number of Fixed Telephone Subscriptions in Viet Nam

The number of fixed telephone subscriptions in Vietnam has seen a significant decline from 2013 to 2023. Actual fixed-line subscriptions dropped from 6.7253 million in 2013 to 2.3944 million in 2023, representing a substantial decrease over this period. The trend from 2013 to 2022 indicates a consistent annual reduction, apart from the years with minor deviations such as 2015 and 2023 where there were marginal increases. Between 2019 and 2023, the compound annual growth rate (CAGR) was approximately -11.03%, highlighting a steady decline in fixed telephone subscriptions over the last five years.

Year-on-year variations show substantial drops, particularly between 2015 and 2016 (-23.58%) and 2016 and 2017 (-21.66%). More recent data indicate a significant decline of 23.44% from 2021 to 2022. However, the minor increase of 0.16% between 2022 and 2023 suggests stabilization. Forecasted data from 2024 to 2028 show a plateau with a 0.01% annual growth rate, implying the market is reaching a saturation point with very minimal changes expected.

Future trends to watch for:

• Potential technological advancements or policy changes that could either further reduce the reliance on or rejuvenate the fixed-line telephone market.
• Shifts towards mobile and internet-based communication solutions which might affect fixed-line subscriptions.
• Market plateauing around the forecasted value, indicating stabilization in this segment despite overall declining trends.