The number of mobile phone users without a home fixed line telephone in Australia has shown consistent growth over the past decade. As of 2023, this figure stood at 7.83 million units, exhibiting a noteworthy year-on-year increase of 2.89%. Over the previous five years, the compound annual growth rate (CAGR) was 3.26%, reflecting moderate yet steady expansion. Notably, from 2017 to 2019, the market experienced a significant uptick in growth, followed by a brief decline in 2020 before recovering in subsequent years. With forecasts predicting continued growth, mobile phone users in this category are expected to reach 9.01 million units by 2028, with a forecasted 5-year CAGR of 2.18%, marking an aggregate growth rate of 11.41% over the period.
Future trends to watch for:
- Penetration of advanced mobile technologies and 5G adoption.
- Shifts in consumer behavior towards fully mobile lifestyles.
- Potential impacts of emerging telecommunication regulations and policies.
- Growth in the use of mobile applications and services, driving higher reliance on mobile phones.
