The forecast for data and voice mobile broadband subscriptions in Chile shows a strong growth trend from 2013 to 2023, with subscriptions increasing from 30.72 to 110.01 units per hundred persons. The year-on-year growth has generally decelerated, with particularly high increases early in the period (42.73% in 2013) and a more moderate rise of 5.24% in 2023. Over the last five years, the compound annual growth rate (CAGR) stood at 4.68%, reflecting a stabilization in growth as the market matures.
Future projections indicate continued growth, although at a slower pace with a forecasted 5-year CAGR of 2.9%. By 2028, subscriptions are expected to reach 132.85 units per hundred persons, indicating a 15.37% increase from 2023 levels.
Future trends to watch for include:
- Increasing market saturation, likely leading to a focus on service improvements and higher data speeds.
- Technological advancements such as 5G adoption may spur new growth opportunities.
- Consumer demand for data-heavy services and applications will drive mobile broadband usage patterns.
