The total wireless mobile broadband subscriptions in Sweden have shown a consistent upward trend over the past decade. From 2013 to 2023, the number of subscriptions per hundred persons increased from 109.96 to 127.47. The year-on-year variation percentages have generally decreased, particularly over the last two years, with 0.38% in 2022 and 0.3% in 2023. The compound annual growth rate (CAGR) over the last five years stood at 0.48%. Despite the consistent rise in subscriptions, the growth rate has been slowing down gradually.
The projected data from 2024 to 2028 indicates that the growth will continue but at an even slower pace. The forecasted 5-year CAGR is just 0.11%, with a total growth rate of 0.56% over this period. By 2028, the subscriptions per hundred persons are expected to reach 128.49.
Future trends to watch for:
- Increased adoption of 5G technology, which could potentially spur a slight resurgence in subscription growth.
- Emergence of new wireless technologies and their impact on subscription numbers and data usage patterns.
- Market saturation and its effect on the subscription growth rate.
