Forecast: Total Mobile Cellular Telephone Subscriptions in Canada

In 2023, Canada had approximately 38.643 million mobile cellular subscriptions. From 2024 to 2028, the number of subscriptions is projected to steadily increase from 39.456 million to 42.767 million. Year-on-year growth indicates a consistent increment, starting at 2.16% from 2024 to 2025 and continuing to 1.91% from 2027 to 2028. Over the five-year forecast period, the compound annual growth rate (CAGR) is approximately 2.05%.

Future trends to watch include:

  • Increasing demand for 5G technology could drive subscription growth and technological shifts.
  • Potential market saturation may affect the rate of new subscriptions.
  • Emergence of new mobile technologies and services may influence consumer behavior and subscription dynamics.

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