Forecast: Cable-Based Carrier Internet ServiceSubscribers in Canada

In 2023, Canada had 6.43 million cable-based carrier internet service subscribers. Analyzing the forecast from 2024 to 2028, we see a steady annual growth, with subscribers increasing from 6.48 million in 2024 to 6.67 million by 2028. The year-on-year growth rate averages approximately 0.76% during this period, highlighting a consistent but modest increase in subscriber volume. Over the five-year period ending in 2028, the compound annual growth rate (CAGR) of around 0.77% underscores this trend of steady expansion.

Future trends to watch include:

• The impact of fiber-optic internet expansion, which may influence cable-based service adoption.
• Consumer preference shifts towards bundled services that could either augment or moderate cable-based subscriber growth.
• Technological advancements in cable infrastructure that might enhance service quality and attract new users.