According to The Business Research Company’s Cable Modem, The cable modem market size has grown strongly in recent years. It will grow from $9.18 billion in 2023 to $9.66 billion in 2024 at a compound annual growth rate (CAGR) of 5.2%.The growth in the historic period can be attributed to cable tv network infrastructure, growth in online streaming services, increased adoption of smart home devices, government initiatives for broadband expansion
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The cable modem market size is expected to see strong growth in the next few years. It will grow to $12.62 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%.The growth in the forecast period can be attributed to increasing demand for gigabit internet, rise of remote work and learning, growing bandwidth requirements, energy efficiency initiatives, enhanced network management solutions.. Major trends in the forecast period include evolution of multi-gigabit ethernet connectivity, global connectivity initiatives, integration with wi-fi 6 technology, advanced network virtualization, quality of service (qos) optimization, 5g integration and coexistence..The rising demand for high-speed broadband networks is contributing to the growth of the cable modem market. High-speed broadband networks refer to the transmission of wide bandwidth data over a high-speed internet connection. Cable modem service enables cable operators to provide high-speed broadband using the same coaxial cables, as a result, the rising demand for high-speed broadband networks increases the demand for the cable modems market. For instance, according to Cisco, a US-based technology company, states that, the proportion of Machine-to-Machine (M2M) connections will rise from 33% in 2018 to 50% by 2023. By 2023, there will be 14.7 billion M2M connections. Therefore, the increasing demand for high-speed internet is expected to propel the growth of the cable modem market going forward.
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The cable modem market covered in this report is segmented –
1) By Type: External Cable Modems, Internal Cable Modems, Interactive Set-Top Box
2) By Connectivity: Wired, Wireless
3) By Application: Residential, Commercial, Industrial, Schools and Institutes, Other Applications
New product innovations have emerged as a key trend gaining popularity in the cable modem market. Major companies operating in the cable modem sector are focused on introducing new innovative products to sustain their position in the market. For instance, in October 2021, CommScope, a US-based company that manufactures cable modems, launched ARRIS SURFboard G34, G36 DOCSIS 3.1 Cable Modem, and Wi-Fi 6 Routers based on AX3000 Wi-Fi 6 technology. This system enables customers to experience faster speeds in their home network.
Top Major Players
CommScope Inc.,
NETGEAR Inc.,
TP-Link Technologies Co. Ltd.,
Ubee Interactive Inc.,
Zoom Telephonics Inc.
The cable modem market report table of contents includes:
1. Executive Summary
- Cable Modem Market Characteristics
- Cable Modem Market Trends And Strategies
- Cable Modem Market – Macro Economic Scenario
- Global Cable Modem Market Size and Growth
- Cable Modem Market Segmentation
- Cable Modem Market Regional And Country Analysis
………… - Key Mergers And Acquisitions In The Cable Modem Market
- Cable Modem Market Future Outlook and Potential Analysis
- Appendix
List Of Tables :
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Cable Modem Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Cable Modem Market, Segmentation By Connectivity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Cable Modem Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
……………
Table 74: CommScope Inc. Financial Performance
Table 75: NETGEAR Inc. Financial Performance
Table 76: TP-Link Technologies Co. Ltd. Financial Performance
Table 77: Ubee Interactive Inc. Financial Performance
Table 78: Zoom Telephonics Inc Financial Performance
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