The total mobile phone subscriptions in Finland have experienced moderate growth over the past several years, as indicated by the consistent year-on-year variation percentages and the compounded annual growth rate (CAGR). From 2013 to 2018, the growth was relatively stable with low fluctuation, hovering around 0.58% to 0%. However, the period from 2019 to 2021 saw a more dynamic increase, particularly a significant rise of 7.36% in 2020. The year 2022 observed a decline of 3.22%, but in 2023, the growth rate resumed at 1.6%. As of 2023, the subscription rate stands at 191 units per hundred persons.
Looking forward, the forecasted data from 2024 to 2028 suggests a steady upward trend with a predicted 5-year CAGR of 1.13%. By 2028, mobile phone subscriptions are expected to reach 206.2 units per hundred persons, indicating a 5.79% growth from 2024. Key trends to watch include technological advancements, changes in mobile phone usage patterns, and the potential impact of new mobile technology deployments such as 5G, which could drive higher subscription rates.
