Key Market Indicators
Faroese mobile subscriptions are projected to hit 66,000 by 2028, rising from around 61,000 in 2023. This represents an annual growth rate of approximately 1.2%. Since 1996, the demand for mobile subscriptions in the Faroe Islands has been increasing at an average annual rate of 1.5%. In the 2023 rankings, the Faroe Islands stood at number 182 globally, with Tonga surpassing it with a similar subscription count of 61,000. Top spots in the global ranking were held by India, the United States, and Indonesia, occupying the second, third, and fourth positions, respectively.
