As of 2024, mobile cellular telephone subscriptions in the US are projected to continue their steady growth, increasing from 126.03 subscriptions per hundred persons to 134.9 by 2028. With 2023 witnessing a value of 123.85, the year-on-year increase from 2023 to 2024 is approximately 1.76%. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is forecasted at about 1.72%, indicating a consistent upward trend.
Future trends to watch include:
- Increased mobile connectivity as 5G technology becomes more mainstream.
- Growth in IoT devices potentially impacting the number of connected lines.
- Possible disruption from new market entrants leveraging emerging technologies.
