Canada Streaming Audio and Video Market Report 2025
Nine in 10 Canadians stream weekly and video streaming revenue is set to hit US$16.7 billion in 2025.
Nine in 10 Canadians stream weekly and video streaming revenue is set to hit US$16.7 billion in 2025.
Nine in 10 Canadians stream weekly and video streaming revenue is set to hit US$16.7 billion in 2025. Yet, the most surprising growth is in audio: while video’s CAGR is 3%, audio streaming is poised for a standout 17.2% CAGR through 2030. Global giants like Netflix, Amazon Prime and Spotify lead, but domestic and ad-supported services, such as YouTube and Pluto TV, are quickly gaining ground as Canadians depend on streaming for media entertainment.
However, the market faces significant pressure: nine in 10 consumers say rising streaming costs make affording multiple subscriptions challenging. Price hikes are driving users to rotate services, rely on free trials or turn to ad-supported plans – and even piracy or account sharing – to manage expenses. This churn accelerates the pivot toward ad-supported models and the rapid rise of free ad-supported streaming television (FAST), as consumers embrace flexibility and build their own bundles, intensifying competition and complexity for providers.
The biggest opportunity lies in meeting regulatory and demographic shifts, especially with new mandates for Canadian and Indigenous content and the growth of multicultural audiences. Prioritizing local programming and inclusivity can build loyalty and distinct market positioning. The key threat, meanwhile, is subscription fatigue – escalating costs risk pushing more Canadians toward piracy, VPN work-arounds and fleeting engagements, unless platforms balance affordability, convenience and value.
Canada's streaming market thrives on affordability, local content and innovation, with ad-supported models and audio streaming driving growth in 2025.
Michael Lloy, Research Analyst