Fixed broadband revenue to rise 3% annually until 2030, GlobalData says
Residential lines are forecast to expand faster over the same period.
Singapore’s fixed broadband revenue is forecast to grow at a compound annual growth rate (CAGR) of 3.1% from 2025 to 2031, driven by rising subscriptions and demand for multi-gigabit fiber plans, according to GlobalData.
Residential fixed broadband lines are forecast to grow at a 3.6% CAGR over the forecast period due to rising household demand for remote working, home entertainment, and smart-home connectivity.
Business fixed broadband revenue is forecast to grow at a 3% CAGR over the same period, GlobalData added.
This growth will be driven by enterprises adopting higher-capacity fiber plans to support cloud services, video collaboration, and data-intensive applications.
Fiber will account for 99.7% of fixed broadband lines in 2025 and maintain its near-total share through 2031, said Sarwat Zeeshan, an analyst at GlobalData.
Government-led network upgrades are accelerating the shift to multi-gigabit connectivity, including plans to deliver symmetrical 10Gbps speeds nationwide by 2026, she added.
“The government has committed up to $100m. By 2028, more than half a million households across the country are expected to benefit from the enhanced broadband infrastructure,” Zeeshan said.
Operators are expected to expand 10Gbps and Wi-Fi 7 bundles, fixed-mobile convergence offers, and security add-ons, she added.