Published on : Nov 11, 2019
Albany, New York, November 11, 2019: Canadian telecommunication industry is growing fast Canadian wireless telecommunication market as the main driving force. This market provides services that include mobile telephony, roaming, mobile data, paging services and wireless internet access.
Canadian wireless market is driven by many determinants that include huge geographic area, and high networking costs for network operators. Canadian national wireless carriers have migrated to HSDPA+ to being 21Mbit/s mobile broadband service in the quest to provide world class service to citizens. Mobile data is predicted to be the segment that will generate highest revenue. Multiple factors are responsible for this growth such as rise in mobile internet subscriptions, growth in M2M connections and fast adoption of 4G and 5G services. Decline in mobile voice revenues is expected as consumers are adopting OTT-based communication solutions. Fixed broadband revenue is anticipated to grow at a healthy CAGR of 3.9% during the forecast period 2019-2024.
An intelligence report titled, “Canada Telecom Operators Country Intelligence Report” is the source of all the stated insights. This report is the latest addition to Market Research Hub’s ever growing repository
Bell Canada owns huge mobile subscription share
Overall pay-TV services and telecom services in Canada is projected to grow at 3.1% CAGR for the forecast period 2019-2024. Increase in mobile broadband services and 4G services drives the mobile revenue which is expected to amount 49.5% of the telecom revenue in total by 2019. Introduction of 5G services in Canada is expected to change the current trends that include decline in share of 4G mobile subscriptions which is anticipated to decline from being 90.2% in r2019 to 70.1% by 2024.
The major three mobile operators of Canada include Bell Canada, Rogers and Telus are estimated to own more than 90% of overall mobile subscriptions in Canada.
Canada telecom operators’ country intelligence report: Report Synopsis
Quantitative and qualitative assessment exhort intelligence and overarching report on the Canada telecom operators’ country intelligence report. Further, the report thoroughly delineates various aspects of the market that will potentially have considerable influence on the development of the Canada telecom operators’ country intelligence report. As such, those aspects incorporate drivers, trends, restraints, and opportunities. Furthermore, the report elucidates segregation of the market that provides an exhaustive analysis on Canada telecom operators’ country intelligence.
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Canada telecom operators’ country intelligence report: Research Methodology
Primary sources and secondary sources propel intelligence report on Canada telecom operators country intelligence report that provide deep dive analysis on the market. As such, the report provides reliable and unbiased projections, and assessments which have palpable impact on the market size and historical data. Besides, the report also counts on primary sources which hinges upon in-depth and intelligent analysis from well-grounded and reliable experts, telephonic interview, and a thorough assessment from surveys and seasoned analyst.
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