Key Market Indicators
South Africa's mobile subscriber base is projected to climb to 114 million by 2028, up from approximately 103 million in 2023. This marks an annual growth rate of 1.6%, according to recent forecasts. Since the end of apartheid in 1994, the demand for mobile subscriptions in South Africa has increased at an average annual rate of 2.2%. The country's robust growth has secured it the 17th spot globally for mobile subscriptions in 2023. Notably, Germany edged out South Africa with a matching figure of around 103 million subscriptions. Leading the global rankings, India, the United States, and Indonesia claimed the second, third, and fourth positions respectively.
