From 2013 to 2023, actual data shows a fluctuating but overall increasing trend in mobile voice call minutes in the US. 2023 stood at 332 minutes, following a consistent pattern over the last recent years. The year-on-year variations from 2014 to 2023 display slight fluctuations, with average variations recorded per year (CAGR) being positive but minimal, reflecting minimal growth at 0.43% in recent years.
Looking forward, forecasted years from 2024 to 2028 predict a similar trend of slight growth. The forecasted 5-year CAGR stands at 0.3%, indicating modest growth, and the forecasted 5-year growth rate accumulates to 1.5% by 2028.
Future trends to watch for include:
- Emerging technologies, including 5G influence on voice call quality and usage patterns.
- Shifts towards data-driven communication methods (VoIP, messaging apps) affecting traditional mobile voice calls.
- Changes in consumer behavior, potentially influenced by demographic shifts and preferences for digital interactions.