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Cable Modem Market Outlook 2025-2034: Key Trends, Growth Drivers, and Market Share

02-21-2025 07:27 AM CET | IT, New Media & Software

Press release from: The Business Research Company

Cable Modem Market Size

Cable Modem Market Size

What market dynamics are playing a key role in accelerating the growth of the cable modem market?
The cable modem market is witnessing significant growth, fueled by the increasing need for high-speed broadband networks. High-speed broadband networks translate to transmitting extensive bandwidth data through a fast internet connection. This service permits cable providers to deliver high-speed broadband via the same coaxial cables, thereby escalating the market demand for cable modems due to the escalating request for high-speed broadband networks. For example, Cisco, a leading U.S. tech firm, suggests that machine-to-machine (M2M) connections' share will surge from 33% in 2018 up to 50% by 2023. By 2023, there are expected to be 14.7 billion M2M connections. The growing need for fast internet is therefore projected to stimulate the cable modem market's expansion in the future.

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How will the growth rate of the cable modem market shape industry trends by 2034?
In recent times, the size of the cable modem market has experienced consistent growth. It is projected to expand from a value of $9.43 billion in 2024 to a valuation of $9.81 billion in 2025, representing a compound annual growth rate (CAGR) of 4.0%. The surge during the historic period can be linked to factors such as the development of the cable TV network infrastructure, the popularity of online streaming services, heightened usage of smart home devices, and government efforts towards broadband expansion.

The market size of the cable modem is anticipated to witness robust expansion in the upcoming years. It is predicted to increase to $13.99 billion in 2029, with a CAGR of 9.3%. The surge during this forecasted period can be associated with the escalating demand for gigabit internet, emerging trend of work and learning from home, increasing necessity for bandwidth, initiatives towards energy efficiency, and improved network management solutions. The forecast period is likely to see key trends such as the development of multi-gigabit ethernet connectivity, initiatives for global connectivity, merging with wifi 6 technology, advanced network virtualization techniques, Quality of Service (QoS) optimization, and the integration and coexistence with 5g.

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What trends are poised to drive the future success of the cable modem market?
Leading businesses in the cable modem market are channeling their energy into crafting groundbreaking products like modem-routers, aimed at augmenting internet connections and refining the user interface. A modem-router is an all-in-one-device that amalgamates the properties of a modem and a router, permitting users to access the internet and offering wireless network capabilities simultaneously. This single device simplifies the setup process and minimizes the gadget count needed for residential or workplace internet access. In the context, Arris International Limited, an American telecom equipment firm, in September 2024, rolled out the SURFboard S34. This advanced DOCSIS 3.1 cable modem is designed to provide speedy internet connection, boasting a maximum download velocity of up to 2.5 Gbps, rendering it perfect for high-usage activities like gaming and streaming 4K or 8K content concurrently.

Which primary segments of the cable modem market are driving growth and industry transformations?
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

Subsegments:
1) By External Cable Modems: Standalone Cable Modems, Cable Modem Routers
2) By Internal Cable Modems: PCI Or PCIe Cable Modems, Integrated Cable Modems
3) By Interactive Set-Top Box: Standard Set-Top Boxes, Advanced Interactive Set-Top Boxes

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Which geographical regions are pioneering growth in the cable modem market?
Asia-Pacific was the largest region in the cable modem market in 2024.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.

Who are the influential players reshaping the cable modem market landscape?
Major companies operating in 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., 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.

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What Is Covered In The Cable Modem Global Market Report?

•Market Size Forecast: Examine the cable modem market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the cable modem market for a structured understanding.
•Key Players Overview: Analyze major players in the cable modem market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the cable modem market.
•Segment Contributions: Evaluate how different segments drive overall growth in the cable modem market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the cable modem market.
•Industry Challenges: Identify potential risks and obstacles affecting the cable modem market.
•Competitive Landscape: Review strategic developments in the cable modem market, including expansions, agreements, and new product launches.

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