Forecast: Local Telephone Lines in Canada

In 2023, local telephone lines in Canada stood at 13.57 million units, showing a persistent decline. Over the past two years, the number of lines decreased by 1.66% year-on-year. Observing the last five years, the Compound Annual Growth Rate (CAGR) averaged -1.67%.

From 2024 onwards, forecasted data suggests a continued decrease, with an average annual decline of 1.36% projected over the next five years, resulting in an overall reduction of 6.6% by 2028.

Future trends to watch for include the ongoing shift toward mobile and VoIP solutions, which are likely to further erode the traditional local telephone line market. Another key trend will be the impact of next-generation telecommunications infrastructure and services accelerating the decline.