Canadian Communications Services Forecast, 2024–2028

IDC Market Forecast Figure

• Figure: Canadian Communications Services Revenue Snapshot

Executive Summary

Advice for Technology Suppliers

Market Forecast

• Table: Canadian Communications Services Revenue Forecast by Service Segments, 2023–2028 (C$M)

• Figure: Canadian Communications Services Revenue Share by Service Segment, 2023 and 2028

• Table: Canadian Communications Services Revenue Forecast by Consumer, Business, and Wholesale Segments, 2023–2028 (C$M)

• Figure: Canadian Communications Services Revenue Share by Customer Segment, 2023 and 2028

• Wireless

• Table: Canadian Communications Wireless Services Revenue Forecast Including Voice and Data by Endpoint, 2023–2028 (C$M)

• Internet Access

• Table: Canadian Communications Internet Access Services Revenue Forecast with Wholesale, 2023–2028 (C$M)

• Video

• Table: Canadian Communications Video Services Revenue Forecast by Technology, 2023–2028 (C$M)

• Data

• Table: Canadian Communications Data Services Revenue Forecast by Technology, 2023–2028 (C$M)

• Wireline Voice

• Table: Canadian Communications Wireline Voice Services Revenue Forecast by Technology, 2023–2028 (C$M)

Market Context

• Drivers and Inhibitors

• Wireless

• Drivers

• Canadian Population Growing Rapidly Due to Significant Levels of Immigration

• People Will Continue to Be Highly Reliant on Their Wireless Phone Service

• 5G Connected Devices Increasing

• Inhibitors

• Heightened Competition and Promotional Activity

• Canadian Government Continues to Push for Affordable Wireless Services

• Internet Access

• Drivers

• Canada Housing Completions Highest Since Late 1970s

• Cloud Usage Drives Internet Access Demand

• Government Funding for Broadband Internet

• Inhibitors

• Canadian Government Mandates Reselling of Fibre

• Price-Conscious Consumers and Businesses Matching Bandwidth to Actual Need

• Video

• Drivers

• Canada Housing Completions Highest Since Late 1970s

• Inhibitors

• Price-Conscious Consumers and Businesses Curtailing Spend on Video Services

• Linear and Live Sports OTT Providers Become More Established

• Data

• Drivers

• Increased Business Use of Digitized and Cloud Services Drives Optical and Cloud Connectivity Use

• Inhibitors

• National Office Vacancy Rate Continues to Rise

• Software-Defined Networks and Increased Bandwidth Needs Reduce Demand for Legacy Data Services

• Wireline Voice

• Drivers

• The Pandemic Caused Employees to Increase Their Use of UCC, Which Continues Post-COVID-19

• Inhibitors

• Wireless Substitution

• Inflation and Higher Interest Rates Increase Costs of Debt, Goods, and Services

• Significant Market Developments

• Changes from Prior Forecast

• Figure: Canadian Communications Services Revenue Growth, 2022–2028 (Including Video and Wholesale): Comparison of May 2023 and May 2024 Forecasts

• Table: Canadian Communications Services Revenue Growth, 2022–2028 (Including Video and Wholesale): Comparison of May 2023 and May 2024 Forecasts (C$M)

Market Definition

• Wireless

• Wireless Subscriptions and Subscribers

• Wireless Data Segmentation

• Wireless Wholesale

• Internet Access

• Video Services

• Data

• Wireline Voice

Methodology

• Difficulty Reconciling Forecasts with CRTC Market Data

Related Research