India’s wired and wireless home internet market to touch Rs. 1,41,323 crore (US$ 16.5 billion) in five years: Report

India’s fixed communication services market is set for steady growth, with revenue projected to rise from Rs. 1,09,632 crore (US$ 12.8 billion) in 2024 to Rs. 1,41,323 crore (US$ 16.5 billion) in 2029, growing at a compound annual growth rate (CAGR) of 5.2%, according to GlobalData. This growth will be fuelled by rising demand for high-speed broadband, particularly fibre broadband and fixed wireless access (FWA). While revenue from fixed voice communication is expected to decline at 1.7% annually due to falling average revenue per user and the rise of mobile/app-based calls, fixed broadband services will grow at a 5.7% CAGR. Fibre optic connections, which accounted for the majority of new broadband subscriptions, are expected to comprise 94% of India’s total broadband lines by 2029, aided by government and private investment in fibre-to-the-home (FTTH) infrastructure.

Reliance Jio Infocomm is expected to dominate the fixed broadband space due to its strong foothold in FTTH and aggressive expansion of 5G FWA services. India recorded 7.5 million FWA subscribers as of April 2025, with Jio commanding over 80% of the total. Notably, monthly FWA additions have outpaced those of fixed broadband, making up 60–80% of total broadband additions. As operators like Jio and Bharti Airtel offer affordable plans bundled with unlimited data and access to subscription video-on-demand (SVoD) platforms, fibre adoption is expected to accelerate. According to analysts, India is entering a transformative phase in its fixed broadband market, driven by infrastructure upgrades and consumers’ growing appetite for high-speed, content-rich internet services.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.