Forecast: Average Expenditure per Household on Landline Telephone Services in Canada

The average annual expenditure per household on landline telephone services in Canada is declining steadily from 2024 through 2028. In 2023, the expenditure stood higher before the anticipated decrease to 181.1 CAD in 2024. Year-over-year percentage changes reveal progressive declines: 9% from 2024 to 2025, 9.7% from 2025 to 2026, 10.5% from 2026 to 2027, and 11.5% from 2027 to 2028. The compound annual growth rate (CAGR) over this period will indicate a consistent negative growth pattern, reflecting a diminishing reliance on landline services.

Future trends to watch for include:

  • Increased substitution of landline with mobile or digital communication solutions.
  • Potential impacts of technological advancements on communication expenditures.
  • Demographic shifts affecting landline usage patterns.

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