The growth of wireless mobile broadband subscriptions in the UK has shown a consistent yet varied upward trend from 2013 through 2023. In 2023, subscriptions stood at 115.89 units per hundred persons, underscoring steady uptake of mobile broadband services over the last decade. Notable spikes occurred in 2015 and 2018 with year-on-year increases of 9.14% and 12.95%, respectively. The most recent years have seen more modest growth, with the last recorded year-on-year increase being 2.54% for 2023. The CAGR over the last five years averaged 3.08%, indicating a gradually decelerating growth rate.
For future trends, the forecasted data suggests a continued albeit slower growth, with subscriptions expected to reach 126.79 units per hundred persons by 2028. The forecasted five-year CAGR is 1.36%, marking a period of stabilization in the market. Key trends to watch for include potential impacts of emerging technologies like 5G and increasing saturation, which may influence the future growth trajectory of mobile broadband subscriptions.
