# Cable Modems Market- Share and Demand Analysis with Size, Growth Drivers and Forecast to 2026 | Credence Research
**The latest market report published by Credence Research, Inc. “Global Cable Modems Market: Growth, Future Prospects, and Competitive Analysis, 2018 – 2026.** Rising demand for high-speed Internet services across end-use application segments will drive the demand for cable modems. With rising demand for high-speed broadband networks to access multiple devices, the global cable modem market was valued at **US$ 6,455.5 million in 2017** and is expected to **grow at a 6.5% CAGR from 2018 to 2026.**
The cable modem market refers to the industry that revolves around the manufacturing, sale, and distribution of cable modems, which are networking devices used to connect to the internet through cable television lines. These modems are commonly used by households and businesses to access high-speed internet services offered by cable service providers.
In this market, various companies compete to produce cable modems with different features, speeds, and capabilities to meet the varying demands of consumers and businesses. Consumers typically purchase cable modems either directly from retailers or through their internet service providers. Cable modem manufacturers and service providers often work together to ensure compatibility and offer customers a seamless internet experience.
The cable modem market is dynamic and competitive, with ongoing advancements in technology leading to faster internet speeds and improved connectivity options. Customers have a wide range of choices when it comes to selecting cable modems, and the market is influenced by factors such as price, performance, compatibility with different cable networks, and the availability of additional features like built-in Wi-Fi routers.
**Cable Modems Market Key Takeaways**
The Cable Modems Market has experienced noteworthy growth over the past few years due to increasing internet penetration worldwide. As consumers' demand for high-speed and reliable internet connectivity rises, cable modems have emerged as a popular choice. These devices enable users to connect their homes or offices directly to the broadband network via coaxial cables, providing faster internet speeds compared to traditional dial-up connections.
Additionally, with advancements in technology, cable modems are now capable of supporting download speeds up to several gigabits per second (Gbps), ensuring seamless streaming of high-definition videos and online gaming experiences. Furthermore, the market for cable modems is witnessing intense competition among key players who constantly strive to enhance their product offerings by incorporating advanced features like DOCSIS 3.1 compatibility and multiple Ethernet ports for improved connectivity options. This growing competition has resulted in affordability and accessibility of cable modems, making them readily available across various price ranges to cater to diverse consumer needs.
**Browse 245 pages report Cable Modems Market By Type (External Cable Modems, Internal Cable Modems, Interactive Cable Modems), By End-use Application (Residential, Commercial, Industrial, Schools And Institutes) – Growth, Future Prospects & Competitive Analysis, 2018 – 2026 - https://www.credenceresearch.com/report/cable-modems-market**
**List of the prominent players in the Cable Modems Market:**
• ARCADYAN TECHNOLOGY CORPORATION
• ARRIS International plc.
• Askey Corporation
• CastleNet Technology Inc.
• Cisco Systems, Inc.
• D-Link Corporation
• Lindsay Broadband Inc.
• MTRLC LLC
• NETGEAR, INC
**The growth of the cable modem market worldwide is influenced by several key factors:**
Increasing Demand for High-Speed Internet: The rising demand for high-speed internet access, driven by trends like remote work, online education, video streaming, and smart home devices, is a significant growth factor. Consumers and businesses seek faster and more reliable internet connections, which often require upgraded cable modems.
Technological Advancements: Ongoing advancements in cable modem technology, particularly in terms of speed and efficiency, stimulate market growth. Manufacturers develop and release new cable modem models that support higher data transfer rates and improved performance, attracting consumers looking for upgraded devices.
DOCSIS Standards: The evolution of DOCSIS (Data Over Cable Service Interface Specification) standards plays a crucial role. As cable operators upgrade their networks to support newer DOCSIS versions, consumers are encouraged to upgrade their cable modems to take advantage of faster speeds and enhanced capabilities.
Competitive Landscape: Intense competition among cable modem manufacturers and internet service providers (ISPs) can drive market growth. Manufacturers compete to offer innovative features and competitive pricing, while ISPs strive to provide better service quality to retain and attract customers.
Broadband Expansion: Expanding broadband infrastructure, especially in underserved or rural areas, contributes to market growth. Government initiatives and investments in broadband expansion can lead to increased adoption of cable modems.
Consumer Preferences: Consumer preferences for high-quality internet experiences, including low latency and high bandwidth, fuel demand for advanced cable modems. Features like Wi-Fi 6 compatibility, multiple Gigabit Ethernet ports, and support for IPv6 can influence consumer choices.
Smart Home Adoption: The proliferation of smart home devices and the Internet of Things (IoT) drives the need for reliable and high-speed internet connections. Consumers often upgrade their cable modems to accommodate the increasing number of connected devices in their homes.
**Why to Buy This Report-**
• The report provides a qualitative as well as quantitative analysis of the global Cable Modems Market by segments, current trends, drivers, restraints, opportunities, challenges, and market dynamics with the historical period from 2016-2020, the base year- 2021, and the projection period 2022-2028.
• The report includes information on the competitive landscape, such as how the market's top competitors operate at the global, regional, and country levels.
• Major nations in each region with their import/export statistics
• The global Cable Modems Market report also includes the analysis of the market at a global, regional, and country-level along with key market trends, major player analysis, market growth strategies, and key application areas.
**Browse Full Report: https://www.credenceresearch.com/report/cable-modems-market
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