Global Cable Modem Equipment Market Set to Soar, Expected to Reach $11.8 Billion by 2030

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Oct 31, 2023, 05:00 ET

DUBLIN, Oct. 31, 2023 /PRNewswire/ -- The "Cable Modems - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global cable modem equipment market is poised for significant growth, with an estimated value of $7.7 billion in 2022 projected to reach $11.8 billion by 2030, at a compound annual growth rate (CAGR) of 5.5% over the analysis period from 2022 to 2030. This growth is driven by various factors, including the increasing adoption of external cable modem equipment.

Key Market Insights:

External Segment: The external segment is expected to experience substantial growth, with a projected CAGR of 6.3%, reaching $8 billion by 2030. This growth is attributed to factors such as the demand for high-speed internet connectivity and the preference for external cable modem equipment.
Internal Segment: While the internal segment is also expected to grow, its estimated CAGR is 3.3% over the next eight years.

Geographic Trends:

United States: The U.S. market is estimated to be worth $2 billion in 2022, reflecting the growing demand for cable modem equipment in the country.
China: China, the world's second-largest economy, is forecasted to reach a market size of $2.9 billion by 2030, with a CAGR of 6.9%. This strong growth is indicative of China's increasing digital connectivity.
Other Markets: Japan and Canada are also noteworthy markets, with projected growth rates of 3.8% and 4.9%, respectively. In Europe, Germany is expected to grow at approximately 4.5% CAGR.

Select Competitors:

Several key competitors are featured in the cable modem equipment market, including NETGEAR, Inc., D-Link Corporation, Linksys, Askey Computer Corporation, Hangzhou DIBSYS Technologies Co., Ltd., and Technicolor.

Economic Outlook:

The global economic outlook is showing signs of improvement, with expected growth recovery in the coming years. Despite challenges such as inflation and economic complexities, there are opportunities for businesses to thrive by embracing new technologies and sustainable practices.

What`s New?

Special discussions on the global economic climate and market sentiment
Coverage on global competitiveness and key competitor percentage market shares
Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and trademarked research platform
Complimentary updates for one year
Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Influencer Market Insights
World Market Trajectories
Impact of Covid-19 Pandemic
Increase in Work from Home Drives Need for Internet Connectivity, Spurs Demand for Cable Modems
Average Weekly Increase in COVID-19 Infections & VPN Usage in March-2020
Cable Modem: Introduction
Global Market Prospects & Outlook
Internal Modems Decline, External Modems Record High Growth
Asia-Pacific to Make Strong Gains in Cable Modem Equipment Market
Recent Market Activity
Cable Modems - Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

Growing Demand for High Speed Broadband Services Spurs Growth
Breakdown of Number of Fixed Broadband Subscriptions in OECD by Technology: 2019
Fixed Broadband Speed (in mbps) in Select Countries: April 2020
Increase in Cable Broadband Subscriber Base Presents Opportunity for Cable Modem Equipment Demand
Rise in Internet User Base and Digitalization Trend Augurs Well for Cable Modem Equipment Market
Global Internet Usage: Number of Internet Users (in Billion) and Internet Penetration Rate (in %) for the Years 2015 through 2019
Number of Internet Users (in Million) and Internet Penetration Rate (in %) by Region for the Year 2019
Breakdown of Internet Users (in %) by Region: Q1 2020
Internet Penetration Rate (%) in Select Countries: April 2020
Increasing Penetration of IoT Boosts Demand for Cable Modems
Number of IoT Active Device Connections (in Billions) for the Years 2015, 2017, 2019 and 2021
Use of Cable Modem Technology for Improving Entertainment & Information Services over PCs & Smart TVs Fuel Market Prospects
Expanding IPTV Subscriber Base Widens Growth
Trend towards Smart Homes Drives Installations of Cable Modem Equipment
Smart Home Penetration Rate (%) by Region/Country: 2020
Global Smart Home Penetration Rate (%): 2017-2025
Global Home Automation Market by Application (in %): 2019
Rise in Smart Device Usage Trend in Small Scale Enterprises Drives Need for Cable Modem Equipment
Global Spending on BYOD (in US$ Billion) for the Years 2019, 2021, 2023 and 2025
Roll out of Cable Modems for Higher Speeds
Recent Product Developments
Advent of Cable Modems over CATV Networks Presents Growth Opportunities
5G Network Technology: A Viable Alternative to Cable Modems?
Standards & Regulations
DOCSIS Versions

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/c5gng6

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