In Australia, the forecasted total wireless mobile broadband subscriptions demonstrate a declining trend from 2024 to 2028, with values moving from 113.22 subscriptions per hundred persons in 2024 to 108.86 subscriptions per hundred persons in 2028. The actual value in 2023 was notably higher, marking the peak before the downward trend begins.
Year-on-year variations show a consistent decrease:
- 2024 to 2025: -1.3%
- 2025 to 2026: -1.1%
- 2026 to 2027: -0.9%
- 2027 to 2028: -0.7%
The Compound Annual Growth Rate (CAGR) over the next five years is expected to average around -1.0% annually.
Future trends to watch for include technological advancements and shifts in consumer behavior towards more data-efficient services. The introduction of more advanced networks (like 5G expansions) and changes in service offerings could potentially influence subscription rates positively despite the current downtrend forecasted.
