Canada Telecom Services Market Size & Outlook, 2026-2033
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Canada telecom services market highlights
- The Canada telecom services market generated a revenue of USD 60.1 billion in 2025 and is expected to reach USD 93.9 billion by 2033.
- The Canada market is expected to grow at a CAGR of 5.8% from 2026 to 2033.
- In terms of segment, mobile data services was the largest revenue generating service type in 2025.
- Mobile Data Services is the most lucrative service type segment registering the fastest growth during the forecast period.
Telecom services market data book summary
| Market revenue in 2025 | USD 60.1 billion |
| Market revenue in 2033 | USD 93.9 billion |
| Growth rate | 5.8% (CAGR from 2026 to 2033) |
| Largest segment | Mobile data services |
| Fastest growing segment | Mobile Data Services |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2033 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | Fixed Voice Services, Pay TV Services, Fixed Internet Access Services, Mobile Data Services, Machine-to-Machine (Mobile IoT) Services, Mobile Voice Services |
| Key market players worldwide | AT&T, Verizon Communications Inc, Nippon Telegraph & Telephone Corp, China Mobile, Deutsche Telekom AG, SoftBank Group Corp, Telefonica SA, Vodafone Group PLC, KT Corp ADR, Reliance Inc, KDDI Corp, Orange SA, BT Group PLC, Comcast Corp Class A |
Other key industry trends
- In terms of revenue, Canada accounted for 2.9% of the global telecom services market in 2025.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In North America, U.S. telecom services market is projected to lead the regional market in terms of revenue in 2033.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 911.2 billion by 2033.
In Canada, the increasing urban population and the proliferation of 3G-, 4G-, and 5G-compatible mobile phones are anticipated to fuel the growth of the market. The outbreak of the COVID-19 pandemic particularly promoted the remote working culture and subsequently triggered the use of the internet and other telecom services, such as voice calls, among others.
The growing preference for online shopping in the wake of the outbreak of the pandemic advances in 5G technology and the increasing investments in the rollout of the modern telecommunications infrastructure are also expected to play a vital role in driving the adoption of telecom services in Canada.
For instance, in May 2022, TELUS, a telecommunications company based in Canada, announced plans to invest USD 17 billion in network infrastructure, spectrum, and operations across Alberta, Canada. The company was particularly looking forward to expanding its wireless networks over the next four years.
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Publish Date: Mar 18, 2026
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Telecom Services Market Scope
Telecom Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Orange SA | View profile | 129,500 | 111 Quai du President Roosevelt, Issy-les-Moulineaux, Paris, France, 92130 | www.orange.com/en |
| Reliance Inc | View profile | 15,500 | 16100 N. 71st Street, Suite 400, Scottsdale, AZ, United States, 85254 | www.reliance.com |
| Verizon Communications Inc | View profile | 105,400 | 1095 Avenue of the Americas, New York, NY, United States, 10036 | www.verizon.com |
| Deutsche Telekom AG | View profile | 201,251 | Friedrich-Ebert-Allee 140, Bonn, Germany, 53113 | www.telekom.com |
| Vodafone Group PLC | View profile | 85,225 | Vodafone House, The Connection, Newbury, Berkshire, United Kingdom, RG14 2FN | www.vodafone.com |
| AT&T | View profile | 10001+ | Dallas, Texas, United States, North America | www.att.com |
| Telefonica SA | View profile | 104,142 | Ronda de la Comunicacion, s/n, Central Building Auditorium, Floor 3, Telefonica District, Madrid, Spain, 28050 | www.telefonica.com |
| Comcast Corp Class A | View profile | 186,000 | One Comcast Center, Philadelphia, PA, United States, 19103-2838 | www.comcastcorporation.com |
| Nippon Telegraph & Telephone Corp | View profile | 381,653 | 5-1, Otemachi 1-Chome, Otemachi First Square, East Tower, Chiyoda-Ku, Tokyo, Japan, 100-8116 | www.ntt.co.jp |
| SoftBank Group Corp | View profile | 86,023 | 1-9-1 Higashi-shimbashi, Minato-ku, Tokyo, Japan, 105-7303 | www.group.softbank |
Canada Telecom Services Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Telecom Services Market Outlook will help companies and investors design strategic landscapes.
Mobile Data Services was the largest segment with a revenue share of 37.44% in 2025.
Horizon Databook has segmented the Canada telecom services market based on fixed voice services, pay tv services, fixed internet access services, mobile data services, machine-to-machine (mobile iot) services, mobile voice services covering the revenue growth of each sub-segment from 2021 to 2033.
In Canada, the increasing urban population and the proliferation of 3G-, 4G-, and 5G-compatible mobile phones are anticipated to fuel the growth of the market. The outbreak of the COVID-19 pandemic particularly promoted the remote working culture and subsequently triggered the use of the internet and other telecom services, such as voice calls, among others.
The growing preference for online shopping in the wake of the outbreak of the pandemic advances in 5G technology and the increasing investments in the rollout of the modern telecommunications infrastructure are also expected to play a vital role in driving the adoption of telecom services in Canada.
For instance, in May 2022, TELUS, a telecommunications company based in Canada, announced plans to invest USD 17 billion in network infrastructure, spectrum, and operations across Alberta, Canada. The company was particularly looking forward to expanding its wireless networks over the next four years.
- Canada Telecom Services Market Service Type Outlook (Revenue, USD Billion , 2021-2033)
- Fixed Voice Services
- Fixed Internet Access Services
- Mobile Voice Services
- Mobile Data Services
- Pay TV Services
- Machine-to-Machine (Mobile IoT) Services
- Canada Telecom Services Market Transmission Outlook (Revenue, USD Billion , 2021-2033)
- Wireline
- Wireless
- Canada Telecom Services Market End Use Outlook (Revenue, USD Billion , 2021-2033)
- Consumer/Residential
- Business
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada Telecom Services Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Canada Telecom Services Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Canada Telecom Services Market, 2021-2033 (US$B)
Canada telecom services market statistics, by service type, 2021-2033 (US$M)
