Forecast: Data and Voice Mobile Broadband Subscriptions in Mexico

The data and voice mobile broadband subscriptions in Mexico experienced overall strong growth from 2015 to 2023, starting from 63.92 million in 2015 and reaching 117.41 million in 2023. This represents significant adoption, driven by increased mobile usage and expanding network accessibility. Year-on-year variation reflects this growth, peaking at 16.23% in 2016 and stabilizing to a 6.18% increase by 2023. The last five years report a CAGR of 5.07%, indicating sustainable upward momentum. Looking ahead, forecasts project a continued increase, though at a slightly moderated pace, with an anticipated CAGR of 3.16% from 2024 to 2028, reaching 143.36 million subscriptions by 2028.

Future trends to watch for:

  • Continued expansion of 5G networks enhancing subscription rates.
  • Market saturation might slow growth, focusing more on value-added services.
  • Evolving mobile technologies and digital transformation influencing subscriber dynamics.

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