In 2023, Canada's total fixed broadband subscription density stood at approximately 43.92 subscriptions per hundred persons. The forecast from 2024 to 2028 indicates a steady increase, with the density expected to rise from 44.99 to 48.42 over these years. This reflects a year-on-year growth rate of approximately 1.96% from 2024 to 2025 and diminishing slightly to 1.75% from 2027 to 2028. The overall Compound Annual Growth Rate (CAGR) from 2024 to 2028 is projected at 1.89%.
Future trends to watch for include:
- Technological advancements enhancing broadband speed and reach.
- Government initiatives and investments in digital infrastructure.
- Increasing shifts toward remote work and digital services driving demand.
- Potential challenges from alternative wireless internet technologies emerging in the market.
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