Forecast: Number of Mobile Cellular Subscriptions in Belgium

The number of mobile cellular subscriptions in Belgium has been relatively stable, with a slight dip between 2016 and 2017 from 12.551 million to 11.357 million. However, since 2020, there has been a consistent upward trend. As of 2023, the number stands at 12.012 million subscriptions. In the last two years, the year-on-year variations have been positive, showing a steady recovery. The Compound Annual Growth Rate (CAGR) over the last five years is approximately 0.97%, indicating moderate growth. Going forward, the forecast for 2028 predicts a CAGR of 0.86%, leading to an estimated 12.683 million subscriptions in that year.

Future trends to watch for include:

• Adoption rates of 5G technology and how it impacts user behavior.
• Market penetration of Internet of Things (IoT) devices.
• Potential shifts caused by regulatory changes or market consolidation.
• Evolution of consumer preferences towards mobile cellular services.