Cable Modem Market Outlook - 2030
Cable modem is a kind of modulating and demodulating analog carrier signal that encodes and decodes the transmitted digital information. Cable modem uses hybrid fiber-coaxial cable (HFC cable) and radio frequency over glass (RFoG) to provide two-way communication through RF (Radio Frequency) channel. Cable modems are divided into two categories, wired and wireless. The property of cable modem to provide high-speed internet makes it popular in the market.
Cable modem acts on both the physical layer and the data link layer. As a network node, the cable modem has its own IP address, so it works at the network layer and supports the transport layer and application layer protocols. The diverse application sectors where cable modem works include commercial, residential, and industrial.
The global cable modem market is segmented on the basis of type, industrial vertical, and region. Based on type, the market is divided into wired, and wireless. In terms of industrial vertical, the market is categorized into residential, commercial, industrial and others. Geographically, the market is analyzed across several regions such as North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).
Key players operating in the global cable modem industry include Arcadyan Technology Corporation, Askey Computer Corporation, Castle Net Technology, Inc., Cisco Systems, Inc., CommScope, D-Link Corporation, Lindsay Broadband Inc., Ubee Interactive, Zoom Telephonics, Inc., Zyxel Communications Corporation. These companies have adopted several strategies such as product launches, partnerships, collaborations, mergers & acquisitions, and joint ventures to strengthen their foothold in the global cable modem market.
COVID-19 Impact Analysis
The outbreak of the Covid-19 pandemic has severely affected the business of almost all industries. While the covid-19 pandemic crisis unfolds, regulatory bodies all over the world are in the compulsion to impose strict lockdown and travel bans. Moreover, this has drastically affected the growth rate and in turn has affected the overall of the cable modem market share.
Due to the COVID-19 pandemic, the supply chain systems were disrupted and the strict instruction of the Governing bodies to follow social distancing norms forced the industries to work with minimal workforce, which led to the decrease in the production rate of the industries. Thus, all these factors negatively contribute to the market.
However, after the covid-19 pandemic, the diversified and innovative applications of cable modem such as residential, commercial, and industrial will foster the growth of the cable modem market.
Top Impacting Factors
The growing demand for high-speed internet services in the private and commercial sectors, rise in IPTV subscriber base, and the growing digitization process, especially in emerging countries, are supporting the demand for cable modem market.
Another impacting factor is the COVID-19 pandemic due to the restrictions implemented by government regulatory bodies all over the world is to work from home, which increases the demand for high-speed internet services and also increases the work done for the company. This increases the revenue for the cable modem in the market.
The industry faces competition from local suppliers in the market who supply same cable modem with low cost. Thus, local suppliers may restraint the market growth of the cable modem in the market.
Rising Digitalization in Commercial and Industrial Sector
The growing internet user base and digitization give push to the cable modem market. Daily operations of IT, industries, and other manufacturing industries also rely heavily on internet services. In addition, corporate also requires efficient high-speed internet. These factors are expected to increase the demand for cable modems to provide efficient Internet services in all end-user applications.
The cable modem market has an increasing demand for high-speed broadband network access to multiple devices. External cable modems are the most demanded product category. With the growth of smart electronics devices such laptops & mobile phone and increasing demand for connecting various devices to the internet, the category of external cable modems is anticipated to grow rapidly. External cable modems are also equipped with indicator lights to check the status of the modem. Thus, rising digitalization and increasing need for cable modem increase the demand for cable modem in the market.
Surge in Usage of Home and Residential Building
As offices and schools enter the basements and living areas of home around the world, cable modems are an essential network device that allows computers to connect to the internet and generate uninterrupted profits. With the sudden surge in home cable modem sales, consumers are focusing on purchasing new Internet connections and upgrading existing connections and broadband speeds so that multiple home devices can connect to the internet without slowing down.
As a result, new internet connections in residential buildings have created parallel requirements for modems and routers. Providers classified as basic services update the internet infrastructure without interrupting the installation and maintenance of the new infrastructure. As per the analysis in cable modem market period, the focus shifts to smart homes and automation, the demand for routers will increase in these areas and is expected to create cable modem market opportunities.
Key Benefits of the Report:
- This study presents the analytical depiction of the cable modem market forecast along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the cable modem market trends.
- The current market is quantitatively analyzed to highlight the cable modem market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed cable modem market analysis depending on competitive intensity and how the competition will take shape in the coming years.
Questions Answered in the Cable Modem Market Research Report
- Which are the leading players active in the cable modem market size?
- What are the detailed impacts of COVID-19 on the market?
- What current trends will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What future projections would help in taking further strategic steps?
Cable Modem Market Report Highlights
By Industry Vertical
Key Market Players
Askey Computer Corporation, Cisco Systems, Castle Net Technology, Ubee Interactive, Lindsay Broadband Inc., Arcadyan Technology Corporation, D-Link Corporation, CommScope