Forecast: Total Mobile Phone Subscriptions in Sweden

From 2013 to 2023, mobile phone subscriptions in Sweden experienced fluctuations and an overall upward trend. The data shows initial growth with a peak value in 2021 at 155.3 subscriptions per hundred persons, followed by a slight decline in 2022. By 2023, the subscriptions stood at 151. This represents a 1% year-on-year increase compared to 2022. The CAGR over the last five years was 1.38%. Notably, there were significant annual changes, including a notable 6.24% increase in 2020 and a -3.73% decline in 2022.

Looking ahead, forecasts indicate a steady increase in mobile phone subscriptions over the next five years, reaching 158.73 subscriptions per hundred persons by 2028. This would represent a 5-year CAGR of 0.71%. Future trends to watch include the impact of new technologies such as 5G and the potential market saturation as the number of subscriptions approaches the total population.