The forecast data for South Korea shows a steady increase in Data and Voice Mobile Broadband Subscriptions per hundred persons from 2024 to 2028. Starting in 2024, the value is forecasted at 116.83, rising progressively to 123.2 in 2028. This signifies a consistent upward trend with approximately 1.37% to 1.48% year-on-year growth in this period.
The year-on-year variations are expected to be:
- 2024 to 2025: 1.37%
- 2025 to 2026: 1.34%
- 2026 to 2027: 1.32%
- 2027 to 2028: 1.30%
Compound Annual Growth Rate (CAGR) from 2023 to 2028 hovers around 1.35%, showcasing moderate but stable growth in mobile broadband subscriptions over this period.
Future trends to watch for include the advent of more advanced 5G and potential 6G technologies, which could further accelerate mobile broadband adoption rates. Additionally, shifts in consumer behavior towards increased mobile data usage, driven by higher consumption of streaming services and mobile applications, could impact future subscription trends.
