In 2023, Argentina had 221.48 mobile cellular telephone subscriptions per hundred persons, reflecting a 2.8% increase from the previous year. Analyzing the trend from 2013 to 2023, the market exhibited fluctuations with notable growth spurts, especially in 2020 (8.42%), but also faced a decline in 2022 (-1.96%). The Compound Annual Growth Rate (CAGR) from 2018 to 2023 was around 3.1%, indicating a steady rise over these five years.
Forecasts predict continued growth, albeit at a slower pace, with subscriptions reaching 250.28 units per hundred persons by 2028. The projected CAGR for the next five years (2024-2028) stands at 1.86%, evidencing a more moderate growth trajectory. The total growth rate over this period is expected to be around 9.65%.
Future trends to watch for include the integration of advanced mobile technologies, increased market penetration in rural areas, and the potential impact of regulatory changes on subscription rates.
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