Canada Network Equipment Market Size & Outlook, 2023-2030

The network equipment market in Canada is expected to reach a projected revenue of US$ 5,509.7 million by 2030. A compound annual growth rate of 2% is expected of Canada network equipment market from 2024 to 2030.
Revenue, 2023 (US$M)
$4,810.1
Forecast, 2030 (US$M)
$5,509.7
CAGR, 2024 - 2030
2%
Report Coverage
Canada

Canada network equipment market highlights

  • The Canada network equipment market generated a revenue of USD 4,810.1 million in 2023 and is expected to reach USD 5,509.7 million by 2030.
  • The Canada market is expected to grow at a CAGR of 2% from 2024 to 2030.
  • In terms of segment, hardware was the largest revenue generating component in 2023.
  • Hardware is the most lucrative component segment registering the fastest growth during the forecast period.

Network equipment market data book summary

Market revenue in 2023USD 4,810.1 million
Market revenue in 2030USD 5,509.7 million
Growth rate2% (CAGR from 2023 to 2030)
Largest segmentHardware
Fastest growing segmentHardware
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHardware, Software, Services
Key market players worldwideTelefonaktiebolaget L M Ericsson ADR, Nokia Oyj, Samsung Electronics Co Ltd, ZTE Corp Class H, Juniper Networks Inc, Huawei Technologies, Cisco Systems Inc, Hewlett Packard Enterprise Co, Broadcom Inc, Alcatel-Lucent Enterprise

Other key industry trends

  • In terms of revenue, Canada accounted for 3.3% of the global network equipment market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. network equipment market is projected to lead the regional market in terms of revenue in 2030.
  • U.S. is the fastest growing regional market in North America and is projected to reach USD 42,631.9 million by 2030.

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Network Equipment Market Companies

Name Profile # Employees HQ Website

Canada network equipment market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to network equipment market will help companies and investors design strategic landscapes.


Hardware was the largest segment with a revenue share of 57.45% in 2023. Horizon Databook has segmented the Canada network equipment market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.


  • Canada Network Equipment Component Outlook (Revenue, USD Million, 2018-2030)
    • Hardware
      • RAN
        • CRAN
        • ORAN
        • VRAN
      • Core Network
      • Fixed Access
      • Others
    • Software
      • Infrastructure Software
      • OSS/BSS
      • Others
    • Services
      • Professional Services
        • Advisory/Consulting
        • Design / Optimization
        • Tools & automation
        • Security
      • Deployment Services
        • Testing
        • Installation
        • Integration
      • Managed Services
        • Network Performance and Management
        • App / Data Management
        • RAN Operation Support
        • Core Operation Support
        • Security
        • Training
  • Canada Network Equipment Connectivity Outlook (Revenue, USD Million, 2018-2030)
    • 2G/3G
    • 4G LTE
    • 5G
  • Canada Network Equipment Network Type Outlook (Revenue, USD Million, 2018-2030)
    • Public Network
    • Private Network
  • Canada Network Equipment End Users Outlook (Revenue, USD Million, 2018-2030)
    • Telecom Operators
    • Enterprises
      • Public Safety
      • Healthcare
      • Retail and e-Commerce
      • Banking, Financial Services, & Insurance
      • Government & Defense
      • Manufacturing
      • Others

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Target buyers of Canada network equipment market databook

  • Our clientele includes a mix of network equipment market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the Canada network equipment market , including forecasts for subscribers. This country databook contains high-level insights into Canada network equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Canada network equipment market size, by component, 2018-2030 (US$M)

Canada Network Equipment Market Outlook Share, 2023 & 2030 (US$M)

Canada network equipment market size, by component, 2018-2030 (US$M)

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