The total fixed broadband service revenue in Taiwan is expected to grow at a compound annual growth rate (CAGR) of 4.1% from US$1bn in 2021 to US$1.2bn in 2026, driven by the continued rise in cable and fiber-to-home (FTTH) broadband subscriptions, according to GlobalData.
GlobalData’s Taiwan Fixed Communication Forecast Model (Q3 2021) reveals that the country’s total broadband penetration of population will increase from an estimated 27% in 2021 to 35% by the end of 2026 owing to fixed broadband network expansions in the country and growing availability of affordable broadband access.
Harika Damidi, Telecom Analyst at GlobalData, says: “FTTH broadband services will account for the largest share of the overall fixed broadband access lines in the country through the forecast period, benefiting from the steady migration of digital-subscriber-line (DSL) subscribers migrating to high-speed fiber broadband services. Cable broadband lines, on the other hand, will increase at a CAGR of 6.6% over the forecast period due to the comparatively lower costs than fiber broadband services.
“Chunghwa telecom will lead the country’s fixed broadband services market in terms of subscription share over the forecast period, supported by its strong position in the growing fiber broadband service segment and its efforts to upgrade its FTTH network. The operator’s promotional offers on broadband plans will also help the company maintain leadership over the forecast period.”