Forecast: Fibre or LAN Fixed Broadband Subscriptions in Canada

The analysis of Fibre or LAN Fixed Broadband Subscriptions in Canada showcases a significant upward trend from 2013 to 2023, with the subscriptions per hundred individuals rising from 1.11 to 13.16. A remarkable growth was observed in the early years, peaking in 2013 with a year-on-year percent change of 98.92%. This growth stabilized over time, tapering to a year-on-year increase of 13.03% by 2023. The compound annual growth rate (CAGR) from 2018 to 2023 was 18.67%.

From 2024 onwards, forecasted data indicate a steady but slower growth, projecting a 7.06% CAGR over the next five years, with a total growth rate of 40.66% by 2028. Expected subscription levels reach 20.64 per hundred persons by 2028.

Future trends to watch for:

• Advancements in fibre optic technology, increasing data speed and reliability.
• Government policies promoting digital infrastructure development.
• Market competition influencing broadband pricing and service quality.
• Rural broadband expansion programs closing the urban-rural digital divide.