From 2013 to 2023, Denmark saw variations in mobile phone subscriptions with a peak in 2021 at 160.13 units per hundred persons, followed by a dip in 2022 to 154.7 units, and a slight recovery in 2023 reaching 156.8 units. The year-over-year change shows a range of fluctuations, with notable increases in 2020 (6.56%) and a drop in 2022 (-3.39%). The compound annual growth rate (CAGR) over the last five years up to 2023 was around 1.65%, indicating a moderate upward trend.
Looking ahead, forecasted data suggest a steady increase in subscriptions, reaching 167.1 units per hundred persons by 2028, translating to a 5-year CAGR of 0.93%. Key future trends to watch for include the impact of 5G adoption, shifts in consumer behavior towards multi-device usage, and the potential saturation of the market affecting the growth rates.
