From 2013 to 2023, the mobile phone market size value per capita in Bulgaria increased from €32.81 to €63.97. The average annual growth rate (CAGR) over the last five years was 3.94%. An annual increase of 4.39% occurred between 2022 and 2023. The upward trend from 2013 has seen periodic fluctuations, notably a downturn in 2019 and 2020.
Future trends to watch:
- Advancements in mobile technologies could further drive market expansion.
- Market saturation might lead to slower growth rates.
- Shifts in consumer preferences for sustainable and multifunctional devices could redefine value propositions.
| # | 9 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 247.09 | 2023 | View data | ||
| 2 | 2 Sweden | 206.46 | 2023 | View data | ||
| 3 | 3 United Kingdom | 197.52 | 2023 | View data | ||
| 4 | 4 Lithuania | 152.35 | 2023 | View data | ||
| 5 | 5 Germany | 136.67 | 2023 | View data | ||
| 7 | 7 Portugal | 96.04 | 2023 | View data | ||
| 8 | 8 Italy | 85.86 | 2023 | View data | ||
| 9 | 9 Bulgaria | 63.97 | 2023 | |||
