In 2023, the number of mobile cellular subscriptions in Australia stood at a certain value. Beginning in 2024, the projected figures demonstrate a consistent upward trend. By 2025, subscriptions are anticipated to increase to 112.23 per hundred persons, marking a year-on-year increase of approximately 1.27%. The growth rate continues with 113.39 in 2026, 114.35 in 2027, and 115.14 in 2028, showing steady annual increments of around 1%.
The Compounded Annual Growth Rate (CAGR) from 2024 to 2028 indicates an average annual increase of approximately 1.16% over these five years.
Future trends to watch for:
- Increased penetration of 5G technology potentially driving higher subscription rates.
- Growing demand for mobile data and internet connectivity due to remote work and digital services.
- The potential impact of emerging technologies like IoT and wearable devices on subscription numbers.
