Cable Modem Equipment Market Size, Share, Growth And Industry Analysis by Type (Wired, Wireless), By Application (Residential Use, Commercial Use, Industrial Use, and Others), Forecast To 2033

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CABLE MODEM EQUIPMENT MARKET REPORT OVERVIEW

The global Cable Modem Equipment Market size was USD 2.59 billion in 2024 and is expected to reach USD 3.53 billion by 2033, growing at a compound annual growth rate (CAGR) of about 3.5% during forecast period.

Cable modem equipment is a type of hardware that allows cable subscribers to connect to the internet. It transforms data from the cable network into a signal suitable for transmission over the Internet. Additionally, the equipment converts data from the Internet into a signal that can be transmitted to the cable network. Cable modems are small devices that connect your computer to the internet via a cable TV network. A cable modem is a device that connects your computer to the internet via a cable TV network. The modem connects to the coaxial cable and converts the signal into one that your computer can understand.

Cable modems are devices that convert analogue data signals into digital signals on cable networks. They are also used in DSL networks to provide the bandwidth required for the subscriber's connection. It can be used for a variety of purposes, including broadband access, cable TV, and telephony. A cable modem's main components are the transmitter and receiver, which convert analogue data into digital data. An analogue cable connects the transmitter and receiver. The receiver converts the signal into data that can be transmitted over a digital communication medium such as CATV, telephone lines, or fiber optic cables.

COVID-19 IMPACT

"Popularity of Wireless Connection Led to Market Expansion"

The COVID-19 pandemic has had a wide-ranging impact on the cable modem equipment market. One of them was the rising cost of these devices as people sought ways to protect themselves from the virus. Because of the higher prices, many people have switched to wireless internet, which is much cheaper. Wireless internet has its own set of issues, but this shift has created a new market for wireless service providers who intend to capitalize on this trend. For example, COVID-19 had an impact on the cable modem market.

LATEST TRENDS

"Increasing Internet Usage Speeds Up Market Growth"

People live in a world that is saturated with data and content. The amount of information available is only increasing, and people must find ways to store it all. People can store massive amounts of data on the internet using cable modems. According to the most recent trends in the cable modem equipment market, there is a significant increase in demand for high-speed internet connections. This is due to an increase in the consumption of video streaming and other multimedia content. The prices of high-speed internet services have dropped significantly, resulting in an increase in their availability. This has also increased the demand for cable modem equipment.

• Rising Demand for High-Speed Broadband: The increasing penetration of smartphones has led to a heightened demand for high-speed internet connections. For instance, in February 2023, the UK reported approximately 71.8 million mobile connections, marking a 3.8% increase over the previous year. Projections indicate that by 2025, 95% of the UK's population, or about 65 million individuals, will own a smartphone. This surge underscores the growing need for robust cable modem equipment to support enhanced broadband services.

• Government Initiatives for Broadband Expansion: In Southeast Asia, government programs are significantly boosting cable modem demand. For example, Indonesia's 2024 broadband initiative aims for 95% household coverage, contributing to an annual growth rate of 14% in cable modem demand within the region. Such initiatives highlight the pivotal role of governmental policies in accelerating market growth.

• Advancements in DOCSIS Technology: Operators are increasingly adopting cost-effective DOCSIS 3.0 systems, which reduce deployment costs by 40% compared to fiber-to-the-home solutions in low-density areas. This trend reflects a strategic shift towards more economical yet efficient broadband solutions in emerging markets.

CABLE MODEM EQUIPMENT MARKET SEGMENTATION

By Type

Based on type; the market is divided into Wired, Wireless

Wired is the leading part of the type segment.

By Application

Based on application; the market is divided into Residential Use, Commercial Use, Industrial Use, and Others

Commercial Use is the leading part of the application segment.

DRIVING FACTORS

"Demand for Faster Internet Increases the Market Growth"

The most common type of internet connection is via cable modem equipment. It is a popular option for those without access to fiber optic or DSL connections. Over the last few years, the cable modem equipment market has grown steadily. This is because there is a greater demand for faster internet speeds and bandwidth. It will continue to grow steadily in the coming years. This is due to an increase in demand for high-speed internet access among end users as a result of an increase in the number of people using various digital services and data traffic.

• Surge in Online Streaming Services: The proliferation of online streaming platforms has led to increased data consumption. For example, the global video streaming market was valued at approximately $50 billion in 2020, with expectations of continued growth. This surge necessitates enhanced broadband infrastructure, thereby driving the demand for advanced cable modem equipment. ​

• Adoption of Smart Home Devices: The global smart home market is projected to reach $135.3 billion by 2025, reflecting a growing trend towards connected living. This increase in smart home devices requires robust and reliable internet connections, further propelling the cable modem equipment market.

"The Popularity of the E-Commerce Industry Accelerate the Market Growth"

The e-commerce industry has grown rapidly in the last decade and is expected to grow even more in the coming years. The primary reason for this is that a growing number of consumers now own smartphones, which has resulted in an increase in mobile shopping. Almost all services and stores can be found online. As a result, people are increasingly reliant on the internet for a variety of services. Furthermore, the copulatives nature of the internet, which provides whatever the customer desires, such as answers, travel tickets, and eBooks, drives the need for high-speed internet, resulting in market growth.

RESTRAINING FACTORS

"Difficulty with Cable Modems Limits Market Growth"

When compared to DSL service, one of the main disadvantages of cable modems is the shared bandwidth to the cable head-end; end-users and their neighbors share the same cable. The Internet access point, as well as the Internet itself, is prone to congestion. This, however, has the disadvantage of making the computer more vulnerable to hackers. The disadvantage is that cable modem is not available in areas where there are no cable lines. Although there are some disadvantages to this connection, they are outweighed by its benefits.

• High Initial Investment Costs: The development and installation of cable modem infrastructure entail substantial initial investments. For instance, deploying a comprehensive cable network in urban areas can cost upwards of $10,000 per mile, posing financial challenges for service providers and potentially hindering market expansion. ​

• Competition from Low-Cost Suppliers: The presence of local suppliers offering cable modems at lower prices introduces significant competition. In some regions, local manufacturers provide devices at prices 20-30% lower than established brands, impacting the market share and profitability of major companies.

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CABLE MODEM EQUIPMENT MARKET REGIONAL INSIGHTS

"North America to Lead Market Owing to Digitization"

Globally, North America holds the largest of the cable modem equipment market share. Demand for the product is increasing in this region as a result of urbanization, which will result in the region contributing a significant amount of growth in the coming years. New technologies, increased internet and smartphone usage, and the e-commerce boom are major growth drivers in the regional market. Increased mobile and business data traffic, rising demand for faster Internet connections, rising new data center construction, and renovation of existing data centers will all contribute to the cable modem equipment market growth in this region over the forecast period.

KEY INDUSTRY PLAYERS

"Key Participants to Uplift Market Growth"

This market's data was compiled from a variety of sources. Trade journals, professional association statistics, university studies, and government reports are just a few examples. Information is gathered from producers, distributors, sellers, retailers, micro-experts, and other market participants in addition to these primary sources. The report contains details on industry participants and their local activities. Data collection and reporting methods include partnerships, technological advancements, acquisitions, mergers, and industrial facility expansion.

• Arris (U.S.): Arris has experienced substantial growth, with its customer premise business witnessing a stellar first half in 2012. The company has reported increasing market share, outpacing overall market growth, and has sustained this momentum through an expanding product portfolio and customer base.

• Netgear (U.S.): As a prominent player in the cable modem equipment market, Netgear continues to innovate and provide a range of networking products. The company's focus on delivering high-performance devices has solidified its position in the industry.

List of Top Cable Modem Equipment Companies

• Arris (U.S.)
• Netgear (U.S.)
• Zoom Telephonics (U.S.)
• Cisco-Linksys (U.S.)
• UBee (Taiwan)
• ZyXel (Taiwan)
• TP-LINK (China)
• SMC (Japan)
• D-Link (Taiwan)
• Toshiba (Japan)
• RCA (U.S.)

REPORT COVERAGE

The study includes a thorough examination of the current state of the market, including raw materials, technology, and equipment, as well as supply and demand, production capacity, and industry chain analysis. This research evaluates both the market potential and the market risks associated with the emergence of specific categories. The impact of key market drivers and restraints on market growth is also being evaluated. Major firms' performance is evaluated over time, and their effects on market dynamics are investigated.