Key Market Indicators
Canadian mobile subscriptions are projected to hit nearly 39.7 million by 2028, up from approximately 35.9 million in 2023, reflecting an average annual growth rate of 1.6%. This steady increase has been a consistent trend since 1990, with Canada experiencing a 1.6% year-on-year rise in demand for mobile services. In 2023, Canada ranked 42nd in the global standings for mobile subscriptions. Uzbekistan slightly outpaced Canada with the same number of subscriptions. The top positions in the global ranking were held by India, the United States, and Indonesia, respectively occupying the second, third, and fourth spots.
