Key Market Indicators
India's mobile subscriber base is projected to reach approximately 1.08 billion subscriptions by 2028, down from around 1.13 billion in 2023. This represents an average annual decline of 0.8%. Since the year 2000, Indian demand for mobile subscriptions has also experienced a decline at the same average yearly rate of 0.8%. In 2023, India ranked second globally with its 1.13 billion subscriptions, trailing behind China, which led with the same number of subscriptions, approximately 1.13 billion. The United States and Indonesia followed India, securing the third and fourth positions in the global ranking, respectively.
