The average expenditure per household in Canada on televisions and other video equipment and accessories is projected to decrease from CAD 77.26 in 2024 to CAD 59.21 by 2028. This represents a continuous downward trend. The percentage decrease year-on-year is as follows: 6.03% in 2025, 6.29% in 2026, 6.54% in 2027, and 6.90% in 2028, with a five-year compound annual growth rate (CAGR) of -5.16%.

Key factors influencing future trends include:

Technological advancements in video equipment reducing consumer replacement cycles.
Increased popularity of streaming services diminishing the need for additional hardware.
Global supply chain challenges potentially affecting availability and pricing.