Forecast: Total Mobile Cellular Telephone Subscriptions in Ghana

Analysis of Total Mobile Cellular Telephone Subscriptions in Ghana shows a steady increase from 2013 to 2023, with the number of subscriptions per hundred persons rising from 108.19 to 171.66. From 2024, based on forecasted data, the upward trend continues, reaching 199.52 by 2028. Key year-on-year percentage variations reveal moderate growth with some fluctuations, including a significant 9.42% increase in 2020 and a decrease of 1.21% in 2022. The Compound Annual Growth Rate (CAGR) over the last five years stands at 3.98% and is expected to slow to 2.3% over the next five years.

Future trends to watch for:

• Continued expansion of mobile networks and technology advancements.
• Potential market saturation affecting new subscription rates.
• Impact of economic factors and regulatory changes on mobile penetration rates.
• Increasing focus on mobile internet services and 5G network rollout.