Market Research Report
Cable Modem Termination System (CMTS) and Converged Cable Access Platform (CCAP) - Global Market Outlook (2017-2026)
|Published by||Stratistics Market Research Consulting||Product code||652629|
|Published||Content info||148 Pages
Delivery time: 2-3 business days
|Cable Modem Termination System (CMTS) and Converged Cable Access Platform (CCAP) - Global Market Outlook (2017-2026)|
|Published: April 1, 2018||Content info: 148 Pages||
According to Stratistics MRC, the Global Cable Modem Termination System (CMTS) and Converged Cable Access Platform (CCAP) market is expected to grow from $3.09 billion in 2017 to reach $13.74 billion by 2026 with a CAGR of 16.0%. Factors such as growing investment from broadband services, increasing demand for IOT solutions and rising government focus on cable digitalization are fueling the market growth. However, huge investments and bandwidth sharing problems are hampering the market growth.
By Docsis Standards, data over cable service interface specification (DOCSIS) 3.1 segment acquired considerable growth due to the increase in the demand for high-speed internet and OTT services such as internet TV, video on demand, music, and communications. It is a game changer for cable networks. Its technical innovations allow cable network operators to maximize both the downstream and upstream throughput in their networks without making television and Internet services to homes cable modems.
North America is estimated to have a considerable growth in the market during the forecast period. The growth is due to rising requirement for OTT services and high-speed internet is estimated to drive the market in this region. Moreover, APAC has significant growth in the market owing to increase in ecommerce and e-governance activities, growing government funding to support telecommunications industry in this region.
Some of the key players in the Cable Modem Termination System (CMTS) and Converged Cable Access Platform (CCAP) market are Cisco, Nokia, Arris, Huawei, C9 Networks, Harmonic, Casa Systems, Versa Technology, Chongqing Jinghong, Juniper, Broadcom, Sumavision Technologies, Blonder Tongue Laboratories, Teleste and Vecima Networks.