Between 2013 and 2023, the number of 3G mobile phone subscribers in China experienced significant fluctuations. After peaking in 2014 at 48.53 billion units, the subscription numbers dipped drastically in subsequent years, hitting a low in 2020. However, a recovery has been observed since 2021, with notable year-on-year growth rates. For instance, 2021 saw a 66.07% increase over 2020, and 2023 marked a 24.61% rise over the previous year, standing at 9.41 billion units.
Forecasts indicate a steady increase in the number of 3G mobile phone subscribers from 2024 to 2028, with an estimated CAGR of 7.28%. This suggests a future growth rate of around 42.11% over the next five years.
Future trends to watch for include advancements in mobile technology potentially driving up subscriber numbers, the impact of 5G adoption on 3G user retention, and regional differences in mobile network modernization.
