The global DOCSIS And Cable Modems Market is expected to reach USD 9.57 Billion by 2028, according to a new report by Reports and Data. Data over Cable Service Interface Specification (DOCSIS) is an international telecommunications standard that allows the addition of high-bandwidth data transfer to an existing cable television (CATV) system. Many cable television providers use it to provide internet access over their HFC infrastructure.
Increase in the application of IoT and rise in the telecom sector along with deployment of Televisions and online platform like Amazon Prime and Netflix, is setting the pace of growth in this market. As time marches on with advancement in technology, DOCSIS will continue to evolve to accommodate new services from user’s worldwide.
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Further key findings from the report suggest
- IoT is fueling the market of DOCSIS and cable modems. Growth in the telecommunication sector is pushing the market upwards. DOCSIS is being updated with advancement in technology to accommodate the demand of the users.
- Consumer segment holds the largest market share of 54% owing to the rise in broadband subscription. Rise in consumers can affect network infrastructure market and increase the demand for CMTS and CCAP systems.
- Growth in data processing through converged cable access platform and cable termination system is projected to hold the largest market share. Growing demand for high speed internet assist in uninterrupted transmission, hence raising data traffic.
- North America will have the largest market share and will grow at a medium rate. The surge in this region due to increase in the demand of high speed internet and OTT services. North America occupies 34% of the market share with APAC region having the market share of 21%.
Top 10 Companies Operating in the Global DOCSIS And Cable Modems Market:
Cisco System, Arris Group, Vecima, C9 Networks, Casa Systems, Sumavision, WISI Communications Gmbh, Huawei Technologies, Chongqing Jinghong and Netgear.
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The global market is further segmented into type and application:
Type Outlook (Revenue, USD Million; 2018-2028)
- Cable Modem Termination System
- Converged Cable Access Platform
DOCSIS standard Outlook (Revenue, USD Million; 2018-2028)
- Docsis 3.0 and Below System Standard
- Docsis 3.1 System Standard
Application Outlook (Revenue, USD Million; 2018-2028)
- Consumer
- Business
Regional analysis provides insights into key trends and demands in each major country that can affect market growth in the region.
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Rest of APAC)
- Latin America (Brazil, Rest of LATAM)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Takeaways of the Competitive Overview Section:
- Overview of the company profiles of each market player
- Industrial chain analysis of each player
- Revenue share contribution
- Sales network and distribution channels and net profits and losses of each company
- Key business growth strategies are undertaken by these players
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