Press release
DOCSIS Technology Industry is Expected to Reach $19.57 Billion by 2028 -Arris Group, Cisco System, Casa Systems, Vecima, WISI Communications GmbH, C9 Networks, Sumavision, Huawei Technologies, Chongqing Jinghong
The global DOCSIS and Cable Modems market is expected to reach USD 19.57 Billion by 2032, according to a new report by MRA. Data over Cable Service Interface Specification (DOCSIS) is an international telecommunications standard that allows the addition of high-bandwidth data transfer to an existing cable television (CATV) system. Many cable television providers use it to provide internet access over their HFC infrastructure.Leading players of DOCSIS Technology including:
Arris Group, Cisco System, Casa Systems, Vecima, WISI Communications GmbH, C9 Networks, Sumavision, Huawei Technologies, Chongqing Jinghong
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Salient Trends of the DOCSIS and Cable Modems
DOCSIS and cable modem market is expected to grow at a CAGR of 8.7% in terms of value and reach USD 9.57 Billion in 2028.
Increasing adoption of DOCSIS and cable modems globally is a key factor influencing market growth. Additionally, the rising awareness towards IoT and deployment of over the top services (OTT) like Amazon Prime, Netflix etc.
Factors like data silos and validation of data addressing issues are hindering the growth of the market.
Countries have been increasingly adopting DOCSIS and cable modems for better connectivity between the employees of the firms and higher speed of internet. It also provides them with a greater bandwidth.
Application of DOCSIS and Cable Modems are in sectors like healthcare, aerospace, military, government etc. Demand of high speed internet with greater bandwidth in all of them and rise of IoT is fueling those demand.
North America is supposed to lead with a greater market share while APAC region has a higher CAGR. Growth in developed region is due to increase in IoT application and presence of leading enterprises in that region.
Market-O-Nomics
The valuation for DOCSIS and Cable Modems market was USD 3.93 billion in 2018 and it is expected to grow to USD 9.57 Billion by 2028.
IoT is fueling the market of DOCSIS and cable modems. Growth in the telecommunication sector is pushing the market upwards. DOCSIS is being updated with advancement in technology to accommodate the demand of the users.
Consumer segment holds the largest market share of 54% owing to the rise in broadband subscription. Rise in consumers can affect network infrastructure market and increase the demand for CMTS and CCAP systems.
Growth in data processing through converged cable access platform and cable termination system is projected to hold the largest market share. Growing demand for high speed internet assist in uninterrupted transmission, hence raising data traffic.
North America will have the largest market share and will grow at a medium rate. The surge in this region due to increase in the demand of high speed internet and OTT services. North America occupies 34% of the market share with APAC region having the highest CAGR of 21. %
The market analysis done with statistical tools also helps to analyze many aspects that include the demand, supply, storage costs, maintenance, profit, sales, and production details of the market. Furthermore, the global DOCSIS Technology research report provides the details about the DOCSIS Technology share, import volume, export volume, and the gross margin of the companies.
DOCSIS Technology Segmentation by Type:
Integrated CMTS (I-CMTS), Modular CMTS (M-CMTS).
DOCSIS Technology Segmentation by Application:
Resident, Commercial Field, Others
DOCSIS Technology report answers some key questions:
Global DOCSIS Technology Market (2022-2029) research report offers an in-depth analysis of market size, share, drivers, restraints, and so on. Moreover, this report includes the approximate study of different segments in terms of overall growth, development, opportunity, business strategies, procedures, etc. for the forecast period of 2029. The report contains the fundamentals produced and advancements by different applications Share and The latest trend gaining momentum in the market that increases awareness about DOCSIS Technology market. The report supplies a comprehensive analysis of business aspects like global DOCSIS Technology market size, recent technological advances, and inventions. The research report consists of an introduction of the market, key players, opportunities, restraints, product and type classification, and overall market analysis.
DOCSIS Technology Market 2022 delivers a comprehensive overview of the crucial elements of the industry and elements such as drivers, restraints, current trends of the past and present times, supervisory scenarios, and technological growth. The report also focuses on global major leading industry players of the global DOCSIS Technology market providing information such as company profiles, product picture and specifications, price, cost, revenue and contact information. This report focuses on DOCSIS Technology Market trends, volume and value at the global level, regional level and company level. From a global perspective, this report represents the overall DOCSIS Technology Market Size by analyzing historical data and future prospects.
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Table of Content:
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
3 Global DOCSIS Technology by Players
4 DOCSIS Technology by Regions
4.1 DOCSIS Technology Size by Regions
4.2 Americas DOCSIS Technology Size Growth
4.3 APAC DOCSIS Technology Size Growth
4.4 Europe DOCSIS Technology Size Growth
4.5 Middle East & Africa DOCSIS Technology Size Growth
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
9.1 Market Drivers and Impact
9.1.1 Growing Demand from Key Regions
9.1.2 Growing Demand from Key Applications and Potential Industries
9.2 Market Challenges and Impact
9.3 Market Trends
10 Global DOCSIS Technology Forecast
11 Key Players Analysis
12 Research Findings and Conclusion
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