The sales of telephones and related products in non-store retailing in Canada are forecasted to rise steadily from 2024 to 2028. Starting at CAD 426.9 million in 2024, this market segment is projected to reach CAD 491.9 million by 2028. The year-over-year growth ranges from approximately 3.9% to 3.3% over these years. As we entered 2024, the market was recovering from its position in 2023, which set the groundwork for this upward trend.
Future trends to watch include the continued evolution of e-commerce platforms and technological advancements in mobile communication, which are likely to drive demand and contribute to sustained market growth. Additionally, shifts in consumer preferences towards newer technologies and increasing digital penetration may further bolster sales in this sector.
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