Key Market Indicators
Sri Lanka's mobile subscriber base is projected to climb to 35 million by 2028, up from nearly 32 million in 2023. This marks an average annual growth rate of 1.6%. Since the mid-1990s, the country's demand for mobile subscriptions has increased at an average rate of 1.1% per year. In the global ranking for 2023, Sri Lanka held the 44th position, with South Sudan surpassing it with approximately 32 million subscriptions. Leading the global rankings, India, the United States, and Indonesia secured the second, third, and fourth positions, respectively.
