Cable Modem Market Outlook 2024-2033: Trends and Projections
The cable
modem global market report 2024 from The Business Research Company provides
comprehensive market statistics, including global market size, regional shares,
competitor market share, detailed segments, trends, and opportunities. This
report offers an in-depth analysis of current and future industry scenarios,
delivering a complete perspective for thriving in the industrial automation
software market.
Cable Modem Market, 2024 report by The Business Research Company offers
comprehensive insights into the current state of the market and highlights
future growth opportunities.
Market Size -
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, .
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..
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Scope Of Cable Modem Market
The Business Research Company's reports encompass a wide range of information,
including:
1. Market Size (Historic and Forecast): Analysis of the market's historical
performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market
landscape.
4. Key Segments: Breakdown of the market into its primary segments and their
respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and
geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting
the market.
Market Drivers -
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.
Market Trends -
Product innovations have emerged as the key trend gaining popularity in the
5G chipset market. The major players in the market are developing innovative
products for market growth. For instance, in June 2021, Samsung Electronics, a
South Korea-based electronics company, developed 3GPP Rel.16 compliant
chipsets, a range of next-generation 5G chipsets that deliver cutting-edge 5G
technologies. The new chipsets consist of a second-generation 5G modem
System-on-Chip (SoC), a third-generation mmWave Radio Frequency Integrated
Circuit (RFIC) chip, and a Digital Front End (DFE)-RFIC integrated chip. These
are designed to increase power efficiency, boost performance, and reduce the
size of 5G solutions.
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
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Regional Insights -
Asia-Pacific was the largest region in the cable modem market in 2023. Asia-Pacific
is expected to be the fastest-growing region in the forecast period. The
regions covered in the cable modem market report are Asia-Pacific, Western
Europe, Eastern Europe, North America, South America, Middle East, Africa
Key Companies -
Major companies operating in the cable modem market report are 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., Broadcom Inc., Casa Systems Inc., Castle Net Technology Inc.,
C-COR Inc., Cisco Systems Inc., D-Link Corporation, Harmonic Inc., Hitron
Technologies Inc., Huawei Technologies Co. Ltd., Lindsay Broadband Inc.,
Motorola Solutions Inc., NetComm Wireless Limited, Nokia Corporation, Sagemcom
Broadband SAS, Surat Municipal Corporation, Technicolor SA, Vecima Networks
Inc., Toshiba Corporation, Blurex Corporation, Windstream Holdings Inc.
Table of Contents
1. Executive Summary
2. Cable Modem Market Report Structure
3. Cable Modem Market Trends And Strategies
4. Cable Modem Market – Macro Economic Scenario
5. Cable Modem Market Size And Growth
…..
27. Cable Modem Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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