The Internet Service ARPU for incumbent TSPs in Canada is forecasted to increase steadily from CAD 65.59 in 2024 to CAD 70.52 in 2028. Compared to the 2023 ARPU, which stood at CAD 64.33, there is a year-on-year growth visible in the data: 1.96% in 2024, 1.94% in 2025, 1.87% in 2026, 1.78% in 2027, and 1.73% in 2028, resulting in a 5-year CAGR of 1.86%.

Future trends to watch for:

Increased adoption of higher-tier internet packages as demand for bandwidth-intensive applications grows.
The impact of emerging technologies like 5G, which might offer alternative solutions.
Regulatory changes that could affect pricing strategies for incumbent TSPs.