In 2023, Kenya had 67.23 million mobile cellular subscriptions, marking a modest year-on-year increase of 2.27%. Over the last two years, the country has experienced fluctuating growth rates, with 1% in 2022 and 2.27% in 2023. The CAGR over the previous five years stands at 6.31%, indicating robust growth but a deceleration from earlier years. Forecasts suggest the number of subscriptions will continue to rise, reaching 72.603 million by 2028, albeit with a lower forecasted CAGR of 1.22% over the next five years.
Future trends to watch for:
- Development of 5G networks influencing subscription growth.
- Increased smartphone penetration driving mobile data usage.
- Government initiatives promoting digital inclusivity.
- Potential market saturation affecting subscription growth rates.
