From the forecasts, the number of total telephone lines in Canada per hundred persons is expected to decline steadily from 38.22 in 2024 to 34.86 by 2028. This reflects an ongoing downward trend with a year-on-year decrease of around 2% annually. The compound annual growth rate (CAGR) over the 5-year period indicates a consistent reduction in the usage of traditional telephone lines, as digital and mobile communication technologies continue to dominate the market.
Future trends to monitor include:
- Expansion of 5G and other advanced communication technologies.
- Increased adoption of VoIP and other internet-based communication services.
- Continuing shift from landlines to mobile platforms among consumers.
- Potential changes in regulatory policies affecting the telecommunications sector.