What Is The Forecasted Growth For The Global Cable Modem Market?
The Cable Modem Market has exhibited steady growth in recent years, growing from $9.43 billion in 2024 to $9.81 billion in 2025 at a compound annual growth rate (CAGR) of 4.0%. This growth was attributed to factors such as growth in online streaming services, increased adoption of smart home devices and government initiatives for broadband expansion.
In the coming years, the market is expected to see even stronger growth, increasing to $13.99 billion by 2029 at a CAGR of 9.3%. This anticipated increase can be attributed to the rising demand for gigabit internet, the growing need for bandwidth stemming from rising remote work and learning trends, and the push for energy efficiency initiatives.
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What Is Driving the Growth of the Cable Modem Market?
A key driver of the growth of the cable modem market is the rising demand for high-speed broadband networks. These networks have increased the demand for the cable modem market, as high-speed transmission of wide bandwidth data is made possible over the internet connection provided by cable modems. Additionally, the emergence of Machine-to-Machine (M2M) connections further propels the growth of the high-speed internet, hence contributing significantly to the growth of the cable modem market.
What Are The Major Segments of The Global Cable Modem Market?
The main segments of the cable modem market are:
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
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Who Are The Major Players in The Cable Modem Market?
Major companies transforming the cable modem market include CommScope Inc., NETGEAR Inc., TP-Link Technologies Co. Ltd., Ubee Interactive Inc., Zoom Telephonics Inc., Zyxel Communications Corporation, Arcadyan Technology Corporation, ARRIS International LLC, Askey Computer Corporation, Aurora Networks Inc., and many more. These major key players are notably steering the market towards consistent growth with their significant contributions.
What Are The Emerging Trends In The Cable Modem Market?
One major trend in the cable modem market is the focus of major companies on developing innovative products such as modem-routers to enhance internet connectivity and streamline user experience. Modem-routers combine the functionalities of a modem and a router, providing connectivity to the internet while also offering wireless networking capabilities.
Which Regions Are Leading And Growing In The Cable Modem Market?
In 2024, Asia-Pacific had the largest share of the cable modem market and is expected to be the fastest-growing region during the forecast period.
What Does The Global Cable Modem Market Report 2025 Offer?
A cable modem is a device that facilitates bi-directional data transmission over hybrid fiber-coaxial, radiofrequency through the glass, and coaxial cable infrastructure using radio frequency channels. These modems use coax cables to offer high internet access by transmitting and receiving data through digital packets. The Cable Modem Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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