The forecast for incumbent TSPs' internet service subscribers in Canada suggests a steady annual growth from 2024 to 2028, reaching 5.29 million units by 2028. From 2023, which registered 5.08 million subscribers, the year-on-year growth rates depict a consistent upward trajectory, with approximately a 0.8% increase per year.
Notably, the 5-year compound annual growth rate (CAGR) is around 0.8%, signaling moderate but stable growth driven by factors like technological advancements and expanded high-speed internet access across regions.
Future trends to keep an eye on include the adoption of 5G technology, increasing competition from emerging alternative internet service providers, and regulatory shifts that might impact service bundles and pricing.
