Household expenditure on telecom in Finland is forecasted to grow from 2.59 billion euros in 2024 to 2.83 billion euros in 2028. This consistent growth shows an annual increase, ranging between 2.3% to 2.4% year on year. For comparison, the value in 2023 stood at 2.53 billion euros. The compound annual growth rate (CAGR) over this five-year period is approximately 2.3%.
Future trends to watch for:
- Increasing adoption of 5G technology leading to higher data usage costs.
- Expansion of digital services and smart home connectivity.
- Potential impact of regulatory changes on pricing models.
- Global economic factors affecting consumer spending power.