Cable Modem Global Market Report 2024

A cable modem is a network link that provides bi-directional data transmission to a hybrid fiber-coaxial, radiofrequency through the glass, and coaxial cable infrastructure using radio frequency channels. A cable modem makes use of coax cable, the identical infrastructure that brings tv programming to enterprises or homes by providing high internet access by transmitting and receiving data through digital packets.

The main types of components in big data security are solutions and services. The big data security services are designed for protecting critical business data from undesired access or mishandling and secure a large volume of files from deletion, viruses, and theft. The deployment modes include on-premises and cloud. The organizations in big data security are small, medium enterprises, and large enterprises. The end users of big data security are banking, financial services, & insurance (BFSI), manufacturing, IT and telecommunication, aerospace and defense, healthcare, and other end users.

The cable modem market research report is one of a series of new reports that provides cable modem market statistics, including cable modem industry global market size, regional shares, competitors with a cable modem market share, detailed cable modem market segments, market trends and opportunities, and any further data you may need to thrive in the cable modem industry. This cable modem market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The cable modem market size has grown strongly in recent years. It will grow from $9.18 billion in 2023 to $9.66 billion in 2024 at a compound annual growth rate (CAGR) of 5.2%. The growth in the historic period can be attributed to cable tv network infrastructure, growth in online streaming services, increased adoption of smart home devices, government initiatives for broadband expansion.

The cable modem market size is expected to see strong growth in the next few years. It will grow to $12.62 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to increasing demand for gigabit internet, rise of remote work and learning, growing bandwidth requirements, energy efficiency initiatives, enhanced network management solutions. Major trends in the forecast period include evolution of multi-gigabit ethernet connectivity, global connectivity initiatives, integration with wi-fi 6 technology, advanced network virtualization, quality of service (qos) optimization, 5g integration and coexistence.

The rising demand for high-speed broadband networks is contributing to the growth of the cable modem market. High-speed broadband networks refer to the transmission of wide bandwidth data over a high-speed internet connection. Cable modem service enables cable operators to provide high-speed broadband using the same coaxial cables, as a result, the rising demand for high-speed broadband networks increases the demand for the cable modems market. For instance, according to Cisco, a US-based technology company, states that, the proportion of Machine-to-Machine (M2M) connections will rise from 33% in 2018 to 50% by 2023. By 2023, there will be 14.7 billion M2M connections. Therefore, the increasing demand for high-speed internet is expected to propel the growth of the cable modem market going forward.

The increasing penetration of smartphones is expected to propel the growth of the cable modem market going forward. Smartphones are handheld electronic devices that combine the functionalities of a mobile phone and a personal computer. The rise in demand for high-speed internet connections is due to an increase in the consumption of video streaming and other multimedia content, which can be accessed through smartphones and other devices. This has led to an increase in demand for cable modems For instance, in February 2023, according to Uswitch Limited, a UK-based price comparison and switching service company, there were 71.8 million mobile connections in the UK, a 3.8% (or around 2.6 million) increase over 2021. The UK population is expected to grow to 68.3 million by 2025, of which 95% (or about 65 million individuals) will own a smartphone. Therefore, the increasing penetration of smartphones will drive the growth of the cable modem market.

New product innovations have emerged as a key trend gaining popularity in the cable modem market. Major companies operating in the cable modem sector are focused on introducing new innovative products to sustain their position in the market. For instance, in October 2021, CommScope, a US-based company that manufactures cable modems, launched ARRIS SURFboard G34, G36 DOCSIS 3.1 Cable Modem, and Wi-Fi 6 Routers based on AX3000 Wi-Fi 6 technology. This system enables customers to experience faster speeds in their home network.

Major companies operating in the cable modem sector are focused on introducing new innovative products to sustain their position in the market. For instance, in January 2023, CommScope, a US-based in home networks, announced its entry into the Wi-Fi 7 retail market with the launch of the SURFboard G54 DOCSIS 3.1 quad-band Wi-Fi 7 cable modem. The flagship SURFboard G54 provides significant performance enhancements, including the latest Wi-Fi 7 technology, and supports multi-gigabit Internet plans. The SURFboard G54 is designed to include other advanced features, including DOCSIS 3.1, quad-band Wi-Fi 7 (BE17880, or the total speed the system can support), a 10 Gbps Ethernet port, and four 1 Gbps LAN ports.

In June 2021, Houston Wire & Cable Company, acquired OmniCable for an undisclosed amount. The combined company results in a national wire and cable redistribution industry leader that will maximize OmniCable’s and HWCC’s highly complementary businesses, products and national footprint to better meet the needs of both companies’ customers. OmniCable is a US based premier redistributor of wire and cable, electrical products and value-added services.

Major companies operating in the in the cable modem market report are CommScope Inc., NETGEAR Inc., TP-Link Technologies Co. Ltd., Ubee Interactive Inc., Zoom Telephonics Inc., Zyxel Communications Corporation, Arcadyan Technology Corporation, ARRIS International LLC, Askey Computer Corporation, Aurora Networks Inc., Broadcom Inc., Casa Systems Inc., Castle Net Technology Inc., C-COR Inc., Cisco Systems Inc., D-Link Corporation, Harmonic Inc., Hitron Technologies Inc., Huawei Technologies Co. Ltd., Lindsay Broadband Inc., Motorola Solutions Inc., NetComm Wireless Limited, Nokia Corporation, Sagemcom Broadband SAS, Surat Municipal Corporation, Technicolor SA, Vecima Networks Inc., Toshiba Corporation, Blurex Corporation, Windstream Holdings Inc.

Asia-Pacific was the largest region in the cable modem market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cable modem market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the cable modem market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.

The cable modem market includes revenues earned by entities by providing solution and services that enables cable operators to provide broadband using the same coaxial cables to deliver pictures and sound to the client's TV set. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified)).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


This product will be delivered within 3-5 business days.