The number of data and voice mobile broadband subscriptions in Belgium witnessed consistent growth from 2013 through 2023. Starting at 5.251 million in 2013, it rose to 11.696 million in 2023, exhibiting a peak year-on-year growth of 65.89% in 2013 and a steady 9.48% in 2023. The CAGR over the past five years (2018-2023) was 7.15%.
For 2024 and beyond, forecast data predicts continued growth, with subscriptions expected to reach 15.67 million by 2028. This forecast period (2023-2028) projects a CAGR of 4.61%, indicating a sustained yet moderate expansion, totaling a 25.29% growth rate over five years.
Future trends to watch for include the increasing adoption of 5G technology, the integration of IoT devices contributing to higher mobile broadband usage, and evolving regulatory frameworks impacting market dynamics.
