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Canadian Consumer Voice, Internet, TV, and Wireless Services 2010-2014 Forecast
Market Study
Published: June 2010
Pages: For full details, please email keithw@cmsinfo.com
Tables: For full details, please email keithw@cmsinfo.com
From: GBP 3750.00 Buy Now!
Research from: IDC Research
Sector: Broadband & Fixed
This IDC study analyzes adoption of and spending on voice, Internet, TV, and wireless services through 2014 in Canada. The consumer telecommunications segment will generate more than C$20.7 billion in telecom spending in 2010 (excluding TV services), representing 6.0% growth over 2009. Clearly, these numbers indicate that the economic slowdown is waning, and IDC forecasts this level of growth will be maintained over the short term but will level towards a five-year CAGR of 4.5% from 2009 to 2014. TV service represents an additional C$7.3 billion in 2010 to the market and is still growing in importance as a service line for Canadian telcos.
This IDC study analyzes adoption of and spending on voice, Internet, TV, and wireless services through 2014 in Canada. The consumer telecommunications segment will generate more than C$20.7 billion in telecom spending in 2010 (excluding TV services), representing 6.0% growth over 2009. Clearly, these numbers indicate that the economic slowdown is waning, and IDC forecasts this level of growth will be maintained over the short term but will level towards a five-year CAGR of 4.5% from 2009 to 2014. TV service represents an additional C$7.3 billion in 2010 to the market and is still growing in importance as a service line for Canadian telcos.
"As Canadian consumers continue to move away from more conventional communication methods, wireless is the powerhouse of revenue growth throughout the forecast period, as is the migration to high-speed Internet. Consumer wireless data spending is expected to grow more than four times quicker than wireless voice throughout the forecast period," says Emily Taylor, analyst, Customer Segments at IDC Canada.
"As Canadian consumers continue to move away from more conventional communication methods, wireless is the powerhouse of revenue growth throughout the forecast period, as is the migration to high-speed Internet. Consumer wireless data spending is expected to grow more than four times quicker than wireless voice throughout the forecast period," says Emily Taylor, analyst, Customer Segments at IDC Canada.