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Elevating Demand For High-Speed Broadband Networks Boosts The Cable Modem Market: Powering Innovation and Expansion in the Global Cable Modem Market by 2025
Cable Modem
What Is the Expected CAGR for the Cable Modem Market Through 2025?
The size of the cable modem market has been increasing steadily over the past few years. It is projected to expand from $9.43 billion in 2024 to $9.72 billion in 2025, experiencing a compound annual growth rate (CAGR) of 3.1%. The expansion observed in the historic period can be traced back to factors such as the development of cable tv network infrastructure, the surge in online streaming services, the rising adoption of smart home devices, and government efforts towards broadband enlargement.
What's the Projected Size of the Global Cable Modem Market by 2029?
Anticipations for a robust expansion in the cable modem market size in the forthcoming years are high. The market is projected to swell to $13.67 billion by 2029, with an 8.9% Compound Annual Growth Rate (CAGR). This expected increase during the forecasting period can be linked to factors such as the rising demand for gigabit internet, the proliferation of remote work and learning, escalating bandwidth needs, energy efficiency endeavours, and improved network management solutions. Some of the major trends expected in the forecast period encompass the development of multi-gigabit ethernet connectivity, worldwide connectivity initiatives, incorporation with wi-fi 6 technology, cutting-edge network virtualisation, optimisation of quality service (QoS), and the integration and synchronization of 5g.
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Top Growth Drivers in the Cable Modem Industry: What's Accelerating the Market?
The surge in demand for high-speed broadband networks is fueling the growth of the cable modem market. High-speed broadband networks denote the transfer of extensive bandwidth data via a swift internet connection. Cable modem service allows cable operators to deliver high-speed broadband through the same coaxial cables and consequently, the demand for high-speed broadband networks amplifies the demand for the cable modem market. For instance, Cisco, a technology company based in the US, declares that the number of Machine-to-Machine (M2M) connections will increase from 33% in 2018 to 50% by 2023. By 2023, there will be around 14.7 billion M2M connections. Hence, the escalating demand for high-speed internet is anticipated to boost the growth of the cable modem market in the future.
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What Trends Will Shape the Cable Modem Market Through 2029 and Beyond?
Leading enterprises in the cable modem market have centered their attention on creating innovative offerings like modem-routers to amplify internet connectivity and optimize the customer's experience. A modem-router is a combined gadget incorporating both modem and router utilities. This lets users access the internet while also bestowing them with wireless networking capabilities. This consolidated unit simplifies the installation process and reduces the number of appliances needed for residential or commercial connectivity. For instance, Arris International Limited, a telecommunication equipment company based in the United States, in September 2024, introduced the SURFboard S34. This next-generation DOCSIS 3.1 cable modem provides exemplary internet connectivity. The perks of this device are significant, it endows download speeds of up to 2.5 Gbps, making it perfect for heavy demand activities like gaming or streaming 4K or 8K content at the same time.
What Are the Main Segments in the Cable Modem Market?
The cable modemmarket 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 Top Companies are Driving Growth in the Cable Modem Market?
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.
Which Regions Will Dominate the Cable Modem Market Through 2029?
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.
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