Key Market Indicators
Rwanda's mobile subscription base is projected to expand to approximately 12.2 million by 2028, up from 11.3 million in 2023. This growth represents a compound annual growth rate (CAGR) of 1.3%. Since 2003, Rwanda has seen a steady increase in mobile subscriptions, growing at an annual rate of 3%. In the global ranking for 2023, Rwanda was positioned at number 81 with 11.3 million subscriptions. Azerbaijan surpassed Rwanda in this ranking. Meanwhile, India, the United States, and Indonesia took the second, third, and fourth spots, respectively.