Telecoms revenue will continue to grow in North America at a CAGR of 0.1% between 2017 and 2023, despite competitive pressure on mobile prices in the USA. 

The total telecoms revenue in North America will increase from USD474 billion in 2017 to USD477 billion in 2023, driven mostly by an increase in fixed segment revenue in both countries, as well as mobile handset data revenue growth and a rapid increase in revenue in the IoT segment.

G/5G share of connections will reach 100% in both countries before 2023, and service demand will increase penetration, while competition in the USA will put further pressure on ARPU in the region in the mobile telecom market and limited competition is leading to the growth of broadband prices in the region in the fixed telecom market.

Business services: the region’s enterprise business revenue growth will be driven by revenue from non-operators that provide other business services.

Canada

• mobile revenue growth will be driven by limited competition and increasing data usage
• the mobile user base will be almost entirely 4G/5G by 2023 in Canada
• the three main MNOs will maintain their strong market position and
• the mobile segment will drive the total market revenue growth in Canada

USA

•  fixed broadband will contribute most to the total telecoms revenue increase, supported by the strong take-up of IoT SIMs
• the number of FTTP/B connections will increase quickly, but cable modems will remain the key broadband access technology
• an increasing mobile user base and fixed broadband service upgrades will lead to a revenue increase during the forecast period

North America’s telecommunications market is robust and diverse, encompassing key players, technologies, and trends shaping communication across the region. Here’s an overview:

Major Telecom Players in North America

United States

• Verizon Wireless: Known for extensive 5G and LTE coverage.
• AT&T: Offers a mix of wireless, broadband, and entertainment services.
• T-Mobile: Leader in 5G deployment after merging with Sprint.
• Comcast (Xfinity Mobile): Provides wireless services via MVNO agreements with Verizon.

Canada

• Rogers Communications: Major player in wireless and broadband.
• Bell Canada: Offers advanced 5G and fiber-optic networks.
• Telus: Focuses on sustainable and cutting-edge telecom solutions.

Mexico

• América Móvil (Telcel): Dominates the mobile market in Mexico and parts of Latin America.
• AT&T Mexico: Invested heavily in infrastructure for competitive mobile services.
• Movistar (Telefónica): Operates primarily through MVNO agreements.

Key Trends and Developments

1. 5G Deployment:
   • The U.S. leads in global 5G adoption, with Canada and Mexico rapidly expanding their networks.
   • New use cases for 5G include IoT applications, autonomous vehicles, and smart cities.
2. eSIM Growth:
   • Rising adoption of eSIM technology for seamless connectivity, particularly among frequent travelers and IoT users.
3. Consolidation and Competition:
   • Increased mergers and acquisitions, such as T-Mobile and Sprint, to consolidate market strength.
   • MVNOs growing as cost-effective alternatives.
4. Broadband Expansion:
   • Push for wider broadband access across rural and underserved areas, supported by government initiatives.
5. AI and Automation:
   • • Telecom providers are integrating AI to optimize networks, manage customer support, and offer personalized services.

   

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