Cable Networks in Canada - Industry Market Research Report

Cable Networks in Canada - Industry Market Research Report

Cable Networks in Canada

The Cable Networks industry in Canada has experienced strong headwinds inhibiting growth. Both consumers and the government have increasingly explored alternatives to the cable distribution model, which has resulted in revenue waning. Internet-based streaming services such as Netflix and Hulu have posed a significant threat to the industry's stronghold on TV programming, and increasing domestic investment by these services has taken its toll on industry operations. The pandemic further accelerated the adoption of digital streaming services as consumers spent more leisure time at home. Overall, revenue has been declining at an annualized 4.1% over the past five years and is expected to reach $4.1 billion in 2023, despite an incline of 1.4% in 2023 alone, with profit sliding down to 17.3%.

The Cable Networks industry in Canada distributes TV programs on a subscription or fee basis through cable systems. Industry operators include specialty TV cable networks and pay-per-view programming. Programming production and satellite broadcasters are excluded from this industry.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.