The broadcasting distribution revenues in Canada have experienced a consistent decline over the last decade. Starting from a peak of CAD 9.47 billion in 2014, there was a minor drop to CAD 9.40 billion in 2015. This was followed by a steady decrease, reaching CAD 7.94 billion by 2023. This represents a 1.33% drop from the previous year. Over the last five years, the compounded annual growth rate (CAGR) has been negative, standing at -2.19%. For the years beyond 2023, forecasts indicate a further decline, with revenues expected to decrease to CAD 7.42 billion by 2028, reflecting a five-year forecasted CAGR of -1.08%.
Future trends to watch for include the continued impact of digital transformation, consumer preferences shifting to streaming services, regulatory changes, and the potential emergence of new technologies. These factors will play critical roles in shaping the broadcasting distribution landscape in Canada.
