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Canada Television Market

Canada Television Market Size, Share, Analysis, Forecast: By Type: Smart TV, LCD, Plasma, and LED TVs, Cathode-Ray Tube (CRT) and Rear-Projection TVs; By Distribution Channel: Offline, Online; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand; Competitive Landscape; 2024-2032

Canada Television Market Size

The Canada television market reached around USD 1.74 billion in 2023. The market is projected to grow at a CAGR of 2.2% between 2024 and 2032, reaching almost USD 2.13 billion by 2032.

 

Canada Television Market Outlook

  • Nearly 1/4th of overall viewing time on television is spent on watching streamed content.
  • An average Canadian aged 18 years and above watches television for 20.6 hours weekly.
  • Digital media broadcasting subscriptions recorded a year-on-year increase of 9.9% in Canada.

 

Canada Television Market Growth

An average Canadian person aged 18 years and above watches 17.7 hours of live television each week, which is significantly higher than the amount of time spent watching content on different social media websites like YouTube (5 hours weekly) and Facebook (1.3 hours weekly).

 

Television is accessible to nearly 91.6% of the population aged above 55 years in Canada. This section of the population watches television for 37.2 hours weekly, which is significantly more than the amount of time spent by Canadians aged 25-54 years (16.6 hours weekly).

 

Over 40% of the Canadian population having access to cable TV subscriptions view domestic networks daily. This is significantly higher than the number of people watching news channels (36%) and US networks (25%). Nearly 24% of Canadians watch sports channels every day, while 15% watch lifestyle channels, and 13% watch speciality channels.

 

In 2022, overall broadcasting revenues surged by 1.2% year-on-year in Canada. Both digital media broadcasting undertakings and discretionary television reported an 11.1% and 3.4% growth in revenues, respectively. Their overall spending amounted to $5.46 billion and $4.09 billion, respectively.

 

The most popular television genre among Canadians was drama at 33.2% in 2022. Comedy and reality followed next, with a viewership of 15.6% and 13.2% respectively.

 

Canada Television Market

 

Canada Television Industry Segmentation

Canada Television Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

 

Market Breakup by Type

  • Smart TV 
  • LCD, Plasma, and LED TVs 
  • Cathode-Ray Tube (CRT) and Rear-Projection TVs 

 

Market Breakup by Distribution Channel

  • Offline
  • Online

 

Market Breakup by Region

  • British Columbia
  • Alberta
  • The Prairies
  • Central Canada
  • Atlantic Canada

 

Canada Television Market Share

Based on type, the market is divided into smart TVs, LCD, plasma, and LED TVs, and cathode-ray tube (CRT) and rear-projection TVs. Over the forecast period, smart TVs are expected to emerge as one of the leading segments, as an increasing number of Canadians switch towards watching streamed content.

 

Leading Companies in the Canada Television Market

The report provides a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers and acquisitions, investments, and capacity expansion.

 

  • Samsung Electronics Co., Ltd.
  • LG Corp.
  • Sony Group Corp.
  • Toshiba Corporation
  • Hisense International Co., Ltd.
  • Sansui Electric Co., Ltd.
  • Vizio Holding Corp.
  • Hon. Hai Precision Industry Co., Ltd. (Sharp Corp.)
  • Others

 

With increasing viewership for OTT platforms, major companies are introducing internet-enabled smart TVs, which provide access to streaming entertainment and gaming services while delivering personalised TV show recommendations.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Distribution Channel
  • Region
Breakup by Type
  • Smart TV 
  • LCD, Plasma, and LED TVs 
  • Cathode-Ray Tube (CRT) and Rear-Projection TVs 
Breakup by Distribution Channel
  • Offline
  • Online
Breakup by Region
  • British Columbia
  • Alberta
  • The Prairies
  • Central Canada
  • Atlantic Canada
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Samsung Electronics Co., Ltd.
  • LG Corp.
  • Sony Group Corp.
  • Toshiba Corporation
  • Hisense International Co., Ltd.
  • Sansui Electric Co., Ltd.
  • Vizio Holding Corp.
  • Hon. Hai Precision Industry Co., Ltd. (Sharp Corp.)
  • Others

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.

1    Preface  
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers    
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
7    Opportunities and Challenges in the Market
8    North America Television Market Overview

    8.1    Key Industry Highlights
    8.2    North America Television Historical Market (2018-2023) 
    8.3    North America Television Market Forecast (2024-2032)
9    Canada Television Market Overview
    9.1    Key Industry Highlights
    9.2    Canada Television Historical Market (2018-2023) 
    9.3    Canada Television Market Forecast (2024-2032)
10    Canada Television Market by Type
    10.1    Smart TV
        10.1.1    Historical Trend (2018-2023)
        10.1.2    Forecast Trend (2024-2032)
    10.2    LCD, Plasma, and LED TVs
        10.2.1    Historical Trend (2018-2023)
        10.2.2    Forecast Trend (2024-2032)
    10.3    Cathode-Ray Tube (CRT) and Rear-Projection TVs
        10.3.1    Historical Trend (2018-2023)
        10.3.2    Forecast Trend (2024-2032)
11    Canada Television Market by Distribution Channel
    11.1    Offline
        11.1.1    Historical Trend (2018-2023)
        11.1.2    Forecast Trend (2024-2032)
    11.2    Online
        11.2.1    Historical Trend (2018-2023)
        11.2.2    Forecast Trend (2024-2032)
12    Canada Television Market by Region
    12.1    British Columbia
        12.1.1    Historical Trend (2018-2023)
        12.1.2    Forecast Trend (2024-2032)
    12.2    Alberta
        12.2.1    Historical Trend (2018-2023)
        12.2.2    Forecast Trend (2024-2032)
    12.3    The Prairies
        12.3.1    Historical Trend (2018-2023)
        12.3.2    Forecast Trend (2024-2032)
    12.4    Central Canada
        12.4.1    Historical Trend (2018-2023)
        12.4.2    Forecast Trend (2024-2032)
    12.5    Atlantic Canada
        12.5.1    Historical Trend (2018-2023)
        12.5.2    Forecast Trend (2024-2032)
13    Market Dynamics
    13.1    SWOT Analysis
        13.1.1    Strengths
        13.1.2    Weaknesses
        13.1.3    Opportunities
        13.1.4    Threats
    13.2    Porter’s Five Forces Analysis
        13.2.1    Supplier’s Power
        13.2.2    Buyer’s Power
        13.2.3    Threat of New Entrants
        13.2.4    Degree of Rivalry
        13.2.5    Threat of Substitutes
    13.3    Key Indicators for Demand
    13.4    Key Indicators for Price
14    Value Chain Analysis 
15    Competitive Landscape

    15.1    Market Structure
    15.2    Company Profiles
        15.2.1    Samsung Electronics Co., Ltd. 
            15.2.1.1    Company Overview
            15.2.1.2    Product Portfolio
            15.2.1.3    Demographic Reach and Achievements
            15.2.1.4    Certifications
        15.2.2    LG Corp.  
            15.2.2.1    Company Overview
            15.2.2.2    Product Portfolio
            15.2.2.3    Demographic Reach and Achievements
            15.2.2.4    Certifications
        15.2.3    Sony Group Corp.  
            15.2.3.1    Company Overview
            15.2.3.2    Product Portfolio
            15.2.3.3    Demographic Reach and Achievements
            15.2.3.4    Certifications
        15.2.4    Toshiba Corporation 
            15.2.4.1    Company Overview
            15.2.4.2    Product Portfolio
            15.2.4.3    Demographic Reach and Achievements
            15.2.4.4    Certifications
        15.2.5    Hisense International Co., Ltd. 
            15.2.5.1    Company Overview
            15.2.5.2    Product Portfolio
            15.2.5.3    Demographic Reach and Achievements
            15.2.5.4    Certifications
        15.2.6    Sansui Electric Co., Ltd.  
            15.2.6.1    Company Overview
            15.2.6.2    Product Portfolio
            15.2.6.3    Demographic Reach and Achievements
            15.2.6.4    Certifications
        15.2.7    Vizio Holding Corp.  
            15.2.7.1    Company Overview
            15.2.7.2    Product Portfolio
            15.2.7.3    Demographic Reach and Achievements
            15.2.7.4    Certifications
        15.2.8    Hon. Hai Precision Industry Co., Ltd. (Sharp Corp.)  
            15.2.8.1    Company Overview
            15.2.8.2    Product Portfolio
            15.2.8.3    Demographic Reach and Achievements
            15.2.8.4    Certifications
        15.2.9    Others
16    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    North America Television Market: Key Industry Highlights, 2018 and 2032
2.    Canada Television Market: Key Industry Highlights, 2018 and 2032
3.    Canada Television Historical Market: Breakup by Type (USD Billion), 2018-2023
4.    Canada Television Market Forecast: Breakup by Type (USD Billion), 2024-2032
5.    Canada Television Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2023
6.    Canada Television Market Forecast: Breakup by Distribution Channel (USD Billion), 2024-2032
7.    Canada Television Historical Market: Breakup by Region (USD Billion), 2018-2023
8.    Canada Television Market Forecast: Breakup by Region (USD Billion), 2024-2032
9.    Canada Television Market Structure

Key Questions Answered in the Report

The market reached nearly USD 1.74 billion in 2023.

The market is projected to grow at a CAGR of 2.2% between 2024 and 2032.

The market is assessed to witness a healthy growth in the forecast period to reach around USD 2.13 billion in 2032.

The different types of Televisions in the market include smart TVs, LCD, plasma, and LED TVs, and cathode-ray tube (CRT) and rear-projection TVs.

The different distribution channels of television in the market include offline and online.

The different regions covered in the market report are British Columbia, Alberta, The Prairies, Central Canada, and Atlantic Canada.

The key market players are Samsung Electronics Co., Ltd., LG Corp., Sony Group Corp., Toshiba Corporation, Hisense International Co., Ltd., Sansui Electric Co., Ltd., Vizio Holding Corp., and Hon. Hai Precision Industry Co., Ltd. (Sharp Corp.), among others.

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