cagr: fixed communication services in India expected to grow 5.8% CAGR by 2026: report

Revenue from fixed communication services in India is expected to slope at a compound annual growth rate (CAGR) of 5.8% to reach US$9.8 billion by 2026 from US$7.4 billion. US dollars in 2021 as estimated by GlobalData, a data analysis. solidify.

This growth can be attributed to a significant increase in the fixed broadband segment.

As the population shifts towards OTT-based models, circuit-switched subscriptions and fixed voice average revenue per subscriber (ARPU) levels have declined.

This could result in fixed voice revenue declining at a CAGR of 4.9% over the period 2021-2026.

“Fixed broadband service revenues, on the other hand, will grow at a CAGR of 7.5% over the period 2021-2026, driven by solid growth in broadband subscriptions, particularly fiber broadband, and the ‘increase in broadband ARPU levels,’ said telecommunications analyst Srikanth Vaidya. at Global Data.

With a strong presence in fiber optic broadband segment, one of the leading telecom service providers in India-

(Jio)- is set to lead India’s fixed broadband services market.

The company’s promotional offers and its efforts to modernize the FTTH network should make it a leader.

“Growing demand for high-speed Internet services and competitively priced fiber broadband packages from carriers offering benefits such as unlimited Internet access and access to major SVoD platforms are expected to drive adoption of the fiber broadband service in India over the forecast period,” Vaidya said.

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