The Canadian telecom market is expected to experience significant growth with the new assignment of LTE spectrum in the 700MHz band early this year and the additional 2500MHz auction planned for early 2015.
Canadian telecom industry will generate revenue of US$46.0bn in 2014, with the largest contribution still coming from the mobile voice segment, according to a research by Pyramid Research. The report “Canada: Data Segment to Boom after LTE Spectrum Allocation” highlights that the top two operators, Bell and Rogers, the telecom companies providing fixed, mobile, Internet and pay-TV services will account for 52.1% of overall service revenue in 2014. Pyramid Reserach expects the overall service revenue expected to grow at a 2.5% CAGR from 2014 to 2019.
The market research firm also predicts that LTE will account for 85.3% of mobile subscriptions by 2019 which gives operators opportunities in the LTE marketplace.
In another report by Cisco's VNI, mobile data traffic for Canada is forecast to grow 9-fold from 2013 to 2018 at a compound annual growth rate of 54%. The same research from Cisco points out that the mobile data traffic will reach 246.8 Petabytes per month by 2018, the equivalent of 62 million DVDs each month or 680 million text messages each second. In Canada, mobile data traffic will reach an annual run rate of 3.0 Exabytes by 2018.
