Press release
Rapid Expansion in Cable Modem Termination System (CMTS) and Converged Cabel Access Platform (CCAP) Market to Reach USD 12.19 Billion By 2032 at 8.7% CAGR
Cable Modem Termination System (CMTS) and Converged Cabel Access Platform (CCAP) Market
According to Polaris Market Reports analysis, the global cable modem termination system (CMTS) and converged cable access platform (CCAP) market size stood at USD 5.87 billion in 2023. It is forecast to reach USD 12.19 billion by 2032, registering an 8.7% CAGR from 2024 to 2032.
Market Introduction
The cable modem termination system (CMTS) is an important component in delivering accelerated fast-moving data services involving voice-over-internet protocol (VoIP) to cable consumers. It serves a similar function to the digital subscriber line access multiplexer (DSLAM) in DSL systems. Cable operators utilize CMTSs to provide services to the hybrid fiber-coaxial (HFC) networks.
Alternatively, the converged cable access platform (CCAP) offers the functional and technical potential of dual definite systems, namely a converged multiservice access platform (CMAP) and a converged edge services access router (CESAR). It functions as a merged platform for conveying video and IP-dependent broadband services.
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What Are Key Market Drivers?
• Growing Adoption of Virtual CMTS: The rising adoption of virtual cable modem termination systems is driven by several factors. One major factor is the growing demand for higher broadband speeds and bandwidth capacity to accommodate the growing data consumption patterns of users. Virtual CMTS provides ease of use and flexibility, enabling cable workers to productively handle the network traffic and deliver faster internet speeds. Additionally, the cost-efficiency of virtual CMTS contributes to the growth of both the CMTS and Converged Cable Access Platform (CCAP) market.
• Rising Cost Effectiveness: The trend toward virtualization is driven by its focus on both cost-effectiveness and operational efficiency. By adopting virtual CMTS solutions, cable operators can significantly reduce capital expenditure on hardware infrastructure while streamlining network management and maintenance processes.
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Which Are Major Market Companies?
The market is dynamic and highly competitive, with a wide range of players vying for market share. Some of the prominent players operating in the CMTS and CCAP market include:
• Blonder Tongue Laboratories
• Broadcom
• C9 Networks Inc.
• Casa Systems
• Cisco Systems, Inc.
• CommScope
• Harmonic Inc.
• Huawei Technologies Co., Ltd.
• Jinghong V & T technology Co., Ltd.
• Juniper Networks, Inc.
• Nokia
• Sumavision
• Teleste
• Vecima Networks Inc.
• Versa Technology Inc.
What Are Key Segments Covered in Report?
The cable modem termination system (CMTS) and converged cable access platform (CCAP) market segmentation is based on DOCSIS standards, type, and region.
Based on DOCSIS standards, the DOCSIS 3.1 system standard segment held the largest market share owing to improvements in spectral productivity, sanctioning cable workers to utilize the accessible spectrum more productively.
Based on type, the virtual CMTS segment is expected to register the highest CAGR during the forecast period owing to the generation and application of vCMTS, which has been influenced by a wider gamut of network virtualization.
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Regional Analysis
Regional analysis provides an examination of the key variables, including social, physical, and economic, in a regional context. It helps companies understand the needs and wants of their customers in target markets. Thus, stakeholders can make informed decisions about their products or service offerings. Also, regional analysis assists businesses in identifying regions with high growth potential and where they should focus their efforts. Furthermore, it can help stakeholders understand local conditions to analyse policy related to global change.
The key regions and sub-regions of the Cable Modem Termination System (CMTS) and Converged Cabel Access Platform (CCAP) Market covered in the research report are:
• North America (U.S., Canada)
• Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
• Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
• Latin America (Brazil, Mexico, Argentina)
• Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)
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