Forecast: Number of Mobile Cellular Subscriptions in Viet Nam

The number of mobile cellular subscriptions per hundred persons in Vietnam, from the historical data, has shown variability over the past decade. The period from 2013 to 2015 experienced significant fluctuations, with a notable decrease of 12.54% in 2015. Following this, the numbers stabilized somewhat but saw another significant increase of 16.1% in 2018. However, the ensuing years displayed more modest changes. By 2023, the number of subscriptions stood at 138.93 units per hundred persons, featuring a slight year-on-year decrease of 0.73% and an average decline of 1.28% annually over the last five years.

Forecasted data from 2024 through 2028 predict a very gradual decrease in subscriptions, with the forecasted 5-year CAGR at -0.14% and a total decline over this period of only 0.7%. This suggests that the market has reached a mature phase with little expectation for significant growth or decline.

Future trends to watch for include the impact of 5G adoption, potential market saturation, and innovations in mobile technology that could drive changes in subscription rates. Additionally, demographic changes and the increasing use of mobile internet services could influence subscription patterns in unexpected ways.