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 2031

Updated On: 08 April 2024

CABLE MODEM EQUIPMENT MARKET REPORT OVERVIEW

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The global cable modem equipment market size is expected to grow from USD 2333.1 million in 2021 to USD 3303 million by 2031, with a growing a CAGR of 3.5% from 2021 to 2031.

The global COVID-19 pandemic has been unprecedented and staggering, with cable modem equipment experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels.

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.

CABLE MODEM EQUIPMENT MARKET SEGMENTATION

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• 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.

"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.

CABLE MODEM EQUIPMENT MARKET REGIONAL INSIGHTS

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"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.

List of Market Players Profiled

• 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.