Terrestrial fixed wireless subscriptions in Canada have seen a steady upward trajectory, beginning at 1.18 units per hundred persons in 2013 and reaching 2.97 units in 2023. The rate of increase has varied year-on-year, with a notable peak growth of 27.82% in 2018. From 2019 forward, the year-on-year growth has moderated to between 4.33% and 12.84%. The Compound Annual Growth Rate (CAGR) over the last five years (2019-2023) stands at 6.9%.
Looking ahead, forecast data indicates continued growth, projecting a CAGR of 3.45% from 2024 to 2028, with a total increase of 18.49% over this period. As a result, subscriptions are expected to rise to 3.69 units per hundred persons by 2028.
Future trends to watch for include advancements in wireless technology, regulatory changes, and factors influencing consumer adoption rates. Enhanced infrastructure and competitive service offerings may also significantly impact growth.
