Market Excerpt

"Rising demand for high speed Internet services across end-use application segments to drive the demand for cable modems"

The global cable modems market was valued at US$ 6,455.5 Mn in 2017 and is expected to witness considerable growth of 6.5% throughout the forecast period from 2018 to 2026, with rising demand for high speed broadband networks to access multiple devices. Residential consumers are looking forward to connect their multiple smart devices with Internet for their daily data need which is increasing the demand for external cable modems globally. In addition, increasing number of IPTV subscribers also demanding for high speed broadband services. Small and medium size enterprises are also heavily dependent on Internet services for their daily operations. Moreover, shifting trend towards BOYD in corporate sector also demanding for efficient high speed Internet services. All these factors are expected to increase the demand for cable modems to meet the efficient Internet services in all the end-use application.

"Asia Pacific is the most attractive market in the global cable modem industry"

In 2017, Asia Pacific accounted for the largest revenue share in the global cable modem industry. Increasing Internet penetration with rising demand for high speed Internet is expected to increase the demand for cable modems in emerging markets such as India, China and Southeast Asia. It is estimated that fixed broadband subscribers in India is expected increase by more than 40% in the next four years with rising demand for high speed Internet. Wired broadband subscribers in India expected to cross 26 million users by 2021 from 18.2 million users in 2017. This demand is expected from residential users, commercial office spaces, schools and institutes and small size enterprises. China and Southeast Asia also expected to witness considerable growth for cable modems with rising number of wired broadband subscribers. North America and Europe are matured markets with high Internet penetration in major countries and cable modem market in these region is expected to witness steady growth with rising number of smart homes in these regions.

"External cable modems is the most attractive product category with rising number of smart homes and increasing demand for high speed Internet"

External cable modems category is expected to witness the fastest growth with increasing number of smart homes as well as rising demand to connect multiple devices with Internet. External cable modem allows to connect multiple devices with Internet. In addition, increasing number of IPTV subscribers is also expected to spur the demand for external cable modems. In addition, external cable modems are easily portable and provides expansion slots for multiple use. These modems are also equipped with indicator lights to check the status of modem. All these factors, making it an ideal choice over internal modem category.

"The global cable modem manufacturers are facing stiff competition from low cost Chinese solutions"

The global cable modem industry comprises large number multinational as well as domestic players. Chinese manufacturers such as D-Link Corporation and TP-Link Technologies Co., Ltd and others are focusing on expansion in emerging markets such as India, Southeast Asia and others to strengthen their position in the global cable modem industry. Some major players in the global cable modem industry include Arcadyan Technology Corporation, ARRIS International plc., Askey Corporation, CastleNet Technology Inc., Cisco Systems, Inc., D-Link Corporation, Lindsay Broadband Inc., MTRLC LLC, NETGEAR, Inc., Technicolor S.A., Tekfun Co., Ltd., TP-Link Technologies Co., Ltd., Zoom Telephonics, Inc and others.

"Why it is recommended to invest in our Cable Modem market research study?"

The research study on cable modem market includes in-depth analysis of market dynamics and trends. The report also covers comprehensive analysis of different types of modems and their end-use applications. This study highlights major factors driving and restraining the growth of global cable modems market. This research study on cable modems provides qualitative as well as quantitative analysis of the different type of cable modems and its end-use application segments. This research study also identifies key opportunities in the global cable modems market. The research report also includes market positioning analysis of major players in the industry, attractive investment preposition and value chain analysis.

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Cable Modems market are as follows:

• Research and development budgets of manufacturers and government spending
• Revenues of key companies in the market segment
• Number of end users and consumption volume, price and value.
• Geographical revenues generate by countries considered in the report
• Micro and macro environment factors that are currently influencing the Cable Modems market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of Cable Modems market?
• What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
• Estimated forecast and market projections up to 2032.
• Which segment accounts for the fastest CAGR during the forecast period?
• Which market segment holds a larger market share and why?
• Are low and middle-income economies investing in the Cable Modems market?
• Which is the largest regional market for Cable Modems market?
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• Which are the key trends driving Cable Modems market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the Cable Modems market worldwide?