Global Cable Modems Market to Reach $9.5 Billion by 2026

Strategic Insights -

The global cable modems market is expected to experience significant growth, driven by the increasing demand for high-speed internet services, expanding internet user base, and growing digitalization process, especially in emerging economies. A new market study published by Global Industry Analysts Inc. projects the global cable modems market to reach $9.5 billion by 2026, growing at a CAGR of 4.8% over the analysis period.

Key Takeaways:

  • The global cable modems market is projected to reach $9.5 billion by 2026, growing at a CAGR of 4.8% over the analysis period.
  • The external segment is expected to record a 5.6% CAGR and reach $6.6 billion by the end of the analysis period.
  • The internal segment is expected to grow at a revised 2.7% CAGR for the next 7-year period.
  • The use of advanced equipment such as cable modems allows customers to enjoy higher Wi-Fi speeds, but ISP customers who are unable to get desirable broadband speed through Wi-Fi are required to downgrade to a lower-speed plan matching their standard Wi-Fi equipment.
  • DOCSIS 4.0 technology supports up to 10 Gbps speeds downstream capacity and about 6 Gbps upstream capacity.
  • The U.S. market is estimated at $1.9 billion in 2022, while China is forecast to reach $2.2 billion by 2026.
  • The Asia-Pacific region is expected to drive demand for cable modem equipment, driven by the growing IT industry and escalating demand for IPTV services.
  • The interactive segment is expected to reach $1.4 billion by 2026, driven by countries such as Australia, India, and South Korea.

Statistics:

  • The global cable modems market is forecast to grow from $7.7 billion in 2022 to $9.5 billion by 2026.
  • The external segment is expected to reach $6.6 billion by the end of the analysis period.
  • The internal segment is expected to grow at a revised 2.7% CAGR for the next 7-year period.
  • The U.S. market is estimated at $1.9 billion in 2022.
  • China is forecast to reach $2.2 billion by 2026.
  • The Asia-Pacific region is expected to drive demand for cable modem equipment.

Sources:

  • Global Industry Analysts Inc. (February 2022)
  • "Cable Modems - Global Market Trajectory & Analytics"
  • FACTS AT A GLANCE Edition: 17
  • Executive Engagements: 5277
  • Companies: 27- Players covered include Arcadyan Technology Corporation; Askey Computer Corporation; CastleNet Technology, Inc; Cisco Systems, Inc; CommScope; D-Link Corporation; Lindsay Broadband Inc; Netgear, Inc; Technicolor SA; Texas Instruments; TP-Link Technologies Co., Ltd; Ubee Interactive; Zoom Telephonics, Inc; Zyxel Communications Corporation and Others.