The mobile phones market size volume per capita in Portugal experienced fluctuations from 2013 to 2023, peaking at 0.38 in 2015 and gradually declining to 0.3 in 2023. This reflects an overall subtle downward trend over the past decade. In the most recent two years, the volume decreased by approximately 3.23% year-on-year. The compound annual growth rate (CAGR) over the last five years was notably negative, evidencing a consistent decline on average annually.
Future trends to watch for include:
- Adoption of emerging technologies like 5G, which may influence market recovery.
- Potential economic factors impacting consumer spending on new mobile phones.
- A pivotal shift towards eco-conscious and sustainable mobile technology solutions.