Canada Telecom Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Telecommunications Industry in Canada is Segmented by Services, Which is Further Classified Into Voice Services (wired, Wireless), Data and Messaging Services, and OTT and Pay TV. All Values Provided in the Study are in USD.

Canada Telecom Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Canada Telecom Market Size

Canada Telecom Market (2025 - 2030)
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Market Size (2025) USD 47.40 Billion
Market Size (2030) USD 52.70 Billion
CAGR (2025 - 2030) 2.14 %
Market Concentration Low

Major Players

Canada Telecom Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Canada Telecom Market Analysis

The Canada Telecom Market size is estimated at USD 47.40 billion in 2025, and is expected to reach USD 52.70 billion by 2030, at a CAGR of 2.14% during the forecast period (2025-2030).

The Canadian telecoms sector experienced much activity in the last year. The telecom market witnessed various industry-friendly regulatory decisions in the first half of 2021. Furthermore, the telecom sector in Canada changed how people in the country interact with one another, conduct business, and have fun. It also fueled economic development and innovation and assisted in the fight against global warming.

  • According to the Canadian Wireless Telecommunications Association (CWTA)/Accenture report, the introduction of 5G networks and services in Canada by 2026 will enhance GDP by an additional USD 40 billion and create 250,000 long-term jobs. It will also cost wireless carriers worth USD 26 billion. With significant expenditures made by Canadian facilities-based carriers, businesses that design and manage the country's top-notch wireless networks determine Canada's position as a global leader in wireless technology. Bell, Rogers, TELUS, Shaw/Freedom, Videotron, SaskTel, Eastlink, Xplore Mobile, and Tbaytel are examples of facilities-based carriers.
  • Canada's facilities-based carriers put in place arguably the world's fastest and most dependable wireless networks, covering every province and territory, despite the country's population being dispersed across enormous areas. Canada is a "4G superpower," according to independent network analyst Opensignal, and there are few other countries that are better positioned than Canada to develop 5G networks of the future. According to a CWTA report, the full-fledged implementation of 5G in the country will support a thousand times traffic increase between 2020 and 2030.
  • Canadian telecommunication services are used by other businesses to create and market goods and services. Thus, it significantly impacts the Canadian economy. Many industries, including the arts and transportation, saw significant income decreases due to the COVID-19 pandemic. Despite these market effects, telecommunications investments and infrastructure could accommodate new telecommunications connections that allowed all industries (other than telecoms) to contribute a total of USD 47.9 billion in direct GDP to Canada's economy in 2021. These telecommunication advantages were most noticeable in the fields of healthcare and education.
  • The speed and coverage of Canada's top mobile wireless networks enable Canadians to use more wireless data. According to a CWTA projection, this growth will last for the foreseeable future. The average data usage per subscription with a data plan (GB/month) increased from 1.5 GB in 2016 to 9.3 GB by Q2 2024. Encouragingly, the prices for these plans keep dropping as many customers move to better data plans. The price for 2GB data plans decreased by 41% in five years. Meanwhile, 5GB data plans dropped by 44% in five years, 10 GB plan dropped by 19% in two years, and 20 GB plans declined by 9% in one year. The price for the 50 GB plan also decreased by 26% in a year.
  • The COVID-19 outbreak brought attention to how crucial connectivity is to Canadian society, commerce, and economy. With the continuous, accelerated growth in digital traffic, Canada's facilities-based operators continued to invest in expanding capacity and improving essential telecommunication services and infrastructure, laying the groundwork for a robust post-pandemic economic rebound. The telecommunications sector functioned in pace with the overall economy, keeping its percentage of the total Canadian GDP output. According to Accenture's analysis, the telecommunications sector's contribution to the GDP and the number of employments it supported might soon reach USD 70.7 billion and up to 596,000, respectively. The industry made more than USD 11 billion in growth and innovation of the infrastructure during this time. The shock of COVID-19 brought on a potentially long-lasting change in Canadian society and corporate operations.

Canada Telecom Industry Overview

The Canadian telecom market is highly fragmented in nature. Some major players in the market studied include BCE Inc., Telus Communications Inc., Shaw Communications Inc., Vidéotron, and Saskatchewan Telecommunications Holding Corporation. The market also hosts other Internet service providers (ISPs), MVNOs, and fixed-line service providers. Some Canadian telecom companies are competitive internationally and hold strong ground in the global market.

  • In July 2022, Rogers Communications Inc. announced investing CAD 10 billion (USD 7.74 billion) over the next three years in artificial intelligence (AI), greater testing, and monitoring. This is just weeks after the business discovered network faults that resulted in widespread disruptions across the nation. Reportedly, to ensure that clients won't experience cellular and internet service interruptions, the company is physically isolating wireless and internet services to create an "always on" network.
  • In April 2022, Bell announced that four new AMC Networks subscription video-on-demand services would be made available on Bell Fibe TV. Going forward, customers in Ontario, Québec, and the Atlantic provinces can subscribe to these services through Bell Fibe TV or the Fibe TV app and enjoy thousands of engaging TV series and movies on demand.

Canada Telecom Market Leaders

  1. Rogers Communications Inc.

  2. BCE Inc.

  3. Telus Communications Inc.

  4. Shaw Communications Inc.

  5. Vidéotron

  6. *Disclaimer: Major Players sorted in no particular order
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Canada Telecom Market News

  • October 2022: Rogers Business unveiled the next stage of its strategic alliance with Microsoft for the first time in the world. After launching Operator Connect as the sole Canadian supplier last year, Rogers Business is the first operator to offer Canadians the newest hybrid work solutions from Microsoft. Critical solutions for Canadian organizations are expected to be delivered by the strength and performance of Rogers' 5G wireless network with Microsoft Azure's cloud architecture.
  • September 2022: Bell declared the availability of Bell Fibe Gigabit 8.0, giving consumers access to the fastest internet speeds in North America from the comfort of their homes. Bell's pure fiber Internet Gigabit 8.0 service, which offers symmetrical download and upload speeds of 8 Gbps, would now be accessible in Toronto's eligible areas. Bell's Giga Hub, which features the most recent Wi-Fi 6E technology, will also be available to consumers in Ontario and Québec.

Canada Telecom Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET INSIGHTS

  • 4.1 Market Overview
  • 4.2 Industry Ecosystem Analysis
  • 4.3 Industry Attractiveness-Porter's Five Force Analysis
    • 4.3.1 Bargaining Power of Suppliers
    • 4.3.2 Bargaining Power of Consumers
    • 4.3.3 Threat of New Entrants
    • 4.3.4 Threat of Substitute Products
    • 4.3.5 Intensity of Competitive Rivalry
  • 4.4 Impact of COVID-19 on the Industry Ecosystem
  • 4.5 Regulatory Landscape in the Country

5. MARKET DYNAMICS

  • 5.1 Market Drivers
    • 5.1.1 Emergence of 5G for Transforming Businesses
    • 5.1.2 Market Leading Network Penetration
  • 5.2 Market Restrain
    • 5.2.1 Cut-throat Competition
  • 5.3 Analysis of the Market based on Connectivity (Coverage to include In-depth Trend Analysis)
    • 5.3.1 Fixed Network
    • 5.3.1.1 Broadband (Cable modem, wireline-fiber, wireline DSL, fixed Wi-Fi ), Trends regarding ADSL/VDSL, FTTP/B, cable modem, FWA, and 5G FWA )
    • 5.3.1.2 Narrowband
    • 5.3.2 Mobile Network
    • 5.3.2.1 Smartphone and Mobile Penetration
    • 5.3.2.2 Mobile Broadband
    • 5.3.2.3 2G, 3G, 4G and 5G connections
    • 5.3.2.4 Smart Home IoT and M2M connections
  • 5.4 Analysis of Telecom Towers (Coverage to include in-depth trend analysis of various types of towers, like, lattice, guyed, monopole, and stealth towers)

6. MARKET SEGMENTATION

  • 6.1 Segmentation by Services (Coverage to include Average Revenue Per User for the overall Services segment, Market size and Estimates for each segment for the period of 2020-2027 and in-depth Trend Analysis)
    • 6.1.1 Voice Services
    • 6.1.1.1 Wired
    • 6.1.1.2 Wireless
    • 6.1.2 Data and Messaging Services (Coverage to include Internet & Handset Data packages, Package Discounts)
    • 6.1.3 OTT and Pay-tv Services

7. COMPETITIVE LANDSCAPE

  • 7.1 Company Profiles
    • 7.1.1 Rogers Communications Inc.
    • 7.1.2 BCE Inc.
    • 7.1.3 Telus Communications Inc.
    • 7.1.4 Shaw Communications Inc.
    • 7.1.5 Videotron
    • 7.1.6 Saskatchewan Telecommunications Holding Corporation
    • 7.1.7 MeloTel Inc.
    • 7.1.8 Quebecor Inc.
    • 7.1.9 Cogeco Inc.
    • 7.1.10 Telesat
    • 7.1.11 Telecon
  • *List Not Exhaustive

8. INVESTMENT ANALYSIS

9. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Canada Telecom Industry Segmentation

The study provides an in-depth analysis of the telecommunication industry in Canada. The Canadian telecom market is segmented by services, which is further classified into voice services (wired, wireless), data and messaging services, and OTT and pay TV.

Segmentation by Services (Coverage to include Average Revenue Per User for the overall Services segment, Market size and Estimates for each segment for the period of 2020-2027 and in-depth Trend Analysis) Voice Services Wired
Wireless
Data and Messaging Services (Coverage to include Internet & Handset Data packages, Package Discounts)
OTT and Pay-tv Services
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Canada Telecom Market Research Faqs

How big is the Canada Telecom Market?

The Canada Telecom Market size is expected to reach USD 47.40 billion in 2025 and grow at a CAGR of 2.14% to reach USD 52.70 billion by 2030.

What is the current Canada Telecom Market size?

In 2025, the Canada Telecom Market size is expected to reach USD 47.40 billion.

Who are the key players in Canada Telecom Market?

Rogers Communications Inc., BCE Inc., Telus Communications Inc., Shaw Communications Inc. and Vidéotron are the major companies operating in the Canada Telecom Market.

What years does this Canada Telecom Market cover, and what was the market size in 2024?

In 2024, the Canada Telecom Market size was estimated at USD 46.39 billion. The report covers the Canada Telecom Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Canada Telecom Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Canada Telecom Industry Report

The Canadian telecommunications market, marked by significant growth due to an increasing urban population and the widespread adoption of smartphones, is poised for further expansion. This growth is fueled by the adoption of Internet of Things (IoT) technologies and a swift transition towards 5G networks, anticipated to dominate mobile connections. Regulatory authorities play a pivotal role in this transition, essential for enabling technologies like autonomous cars. Despite facing challenges such as technical hurdles and public safety concerns, the competitive landscape remains highly consolidated with a few key players. These Canadian telecommunications companies are driving innovation and strategic investments, shifting towards value-added services to meet the demand for efficient communication. As the sector evolves, Canada telecom companies ensure the nation remains competitive in the global market, leveraging opportunities for growth and innovation. For detailed insights, Mordor Intelligence™ offers a comprehensive analysis of market share, size, and revenue growth, including a forecast outlook and historical overview of the Canadian Telecom market. Download a free report PDF sample for more information.

Canada Telecom Market Report Snapshots