Over the past decade, mobile broadband subscriptions in Australia have seen a general upward trend with some fluctuations. Between 2013 and 2023, the number of subscriptions grew from 26.3 million to 34.9 million, reflecting a steady adoption of mobile broadband services. Notable increases include 12.55% in 2013 and 11.96% in 2015. However, there were periods of stagnation and even decline, such as the slight drop in 2018 and a more significant decline of 3.37% in 2020. In recent years, there has been a recovery with a 5.54% increase in 2023, standing at 34.9 million subscriptions, illustrating renewed growth momentum.
Future trends anticipate consistent growth with a forecasted CAGR of 3.43% from 2024 to 2028. This suggests that mobile broadband subscriptions will continue to rise, reaching an estimated 43.4 million by 2028, marking an 18.35% increase over the five-year period. Key trends to watch include the roll-out of advanced 5G technologies, increased adoption of IoT devices, and enhanced mobile network infrastructure, which are likely to drive further growth in mobile broadband subscriptions in Australia.
