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Cable Modem Market 2023: Global Size, Supply-Demand, Product Type and End User Analysis To 2032| CommScope, Netgear, Zoom Telephonics Inc., Ubee Interactive, ZyXel
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Cable Modem Global Market Report 2023 identifies The rising demand for high-speed broadband networks as the major driver for the cable modem market's growth in the forecast period. 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.
The global cable modem market size will grow from $8.97 billion in 2022 to $9.59 billion in 2023 at a compound annual growth rate (CAGR) of 6.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The cable modem market size is expected to grow to $12.13 billion in 2027 at a CAGR of 6.1%.
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Major competitors in the cable modem market are CommScope, Netgear, Zoom Telephonics Inc., Ubee Interactive, ZyXel, TP-Link Technologies Co. Ltd., Cisco Systems Inc., D-Link Corporation, Toshiba, Technicolor S.A., Lindsay Broadband Inc., MTRLC LLC, TP-Link Technologies Co. Ltd., and Blurex.
A key trend in the cable modem market includes New product innovations. 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.
Read More On The Global Cable Modem Market Report Here:
http://tbrctest.tbrc.info/report/cable-modem-global-market-report
The cable modem market is segmented -
• By Type: External Cable Modems, Internal Cable Modems, Interactive Set-Top Box
• By Connectivity: Wired, Wireless
• By Application: Residential, Commercial, Industrial, Schools and Institutes, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the cable modem market.
The Business Research Company's "Global Cable Modem Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Cable Modem Market Include:
1. Executive Summary
2. Cable Modem Market Characteristics
3. Cable Modem Market Trends And Strategies
4. Cable Modem Market - Macro Economic Scenario
5. Cable Modem Market Size And Growth
……
26. Africa Cable Modem Market
27. Cable Modem Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Cable Modem Market
29. Cable Modem Market Future Outlook and Potential Analysis
30. Appendix
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