Forecast: Mobile Internet Services Subscribers in Australia

Between 2013 and 2023, the number of mobile internet services subscribers in Australia has shown a steady increase, growing from 25.8 million to 36.56 million. There has been some fluctuation in year-on-year growth rates, peaking at 17.01% in 2013 and experiencing a slight decline of -2.78% in 2022. The average annual growth rate over the past five years (2019-2023) has been around 2.18%.

Looking forward, the forecast data suggests a continued but slowing growth trend. The number of subscribers is expected to rise from 37.41 million in 2024 to 40.0 million in 2028, with a forecasted average annual growth rate (CAGR) of 1.35% and an overall growth rate of 6.93% over these five years.

Future trends to watch for include:

• Technological advancements enhancing mobile internet infrastructure.
• Increasing adoption of 5G services.
• Potential market saturation and its impact on growth rates.
• Regulatory changes and their influence on the market.