Key Market Indicators
Tobagonian mobile subscriptions are projected to decline slightly over the next five years. By 2028, the number of subscriptions is expected to drop to roughly 1.92 million, down from approximately 1.98 million in 2023. This represents an average annual decrease of 0.5%. Historically, Tobagonian mobile demand has seen modest growth, increasing by an average of 0.1% per year since 1996. Despite this long-term upward trend, the recent projections indicate a reversal. In 2023, Tobago was ranked 143rd globally in terms of mobile subscriptions. The Central African Republic surpassed Tobago with nearly 2 million subscriptions. On the global stage, India, the United States, and Indonesia occupied the second, third, and fourth positions, respectively, in the ranking of mobile subscriptions.
