The number of mobile cellular subscriptions in Denmark has shown a relatively stable trend over the past decade, with minor fluctuations year-on-year. As of 2023, the figure stood at 127.01 subscriptions per hundred persons. From 2013 to 2018, the market experienced a mix of slight increases and decreases, leading to a generally steady CAGR close to zero. The past two years saw an upward trend, with a 0.61% increase in 2022 and a 0.37% rise in 2023, indicating a more stable growth phase. Over the last five years (2019-2023), the average annual growth rate has been modest at 0.3%.
Looking ahead, forecasts suggest a continued gradual increase in mobile subscriptions, with projections showing a move from 127.62 in 2024 to 129.7 by 2028. This forecasted period is expected to have an average annual growth rate (CAGR) of 0.32%, translating to a forecasted five-year growth rate of 1.62% overall by 2028.
Future trends to watch for include potential market saturation, technological advancements such as 5G and beyond, and shifts in consumer behavior towards multi-device ownership and increased mobile internet usage. These factors could influence the growth trajectory of mobile cellular subscriptions in Denmark.
