Forecast: Average Expenditure per Household on Communications in Canada

In 2023, the average expenditure per household on communications in Canada stood at 2.90 thousand Canadian dollars. From 2024 to 2028, the forecasted expenditure shows a steady increase, reaching 3.16 thousand Canadian dollars by 2028. The year-on-year growth ranges from approximately 1.69% in 2025 to around 1.66% in 2028. The compound annual growth rate (CAGR) over five years is an estimated 1.72%.

Future trends to watch for include:

• Adoption of fifth and sixth-generation technologies, which may push expenditures higher.
• The integration of smart home and internet of things (IoT) technologies potentially influencing spending patterns.
• Policy changes and telecommunications regulations that could impact pricing and consumption.