Welcoming the New Normal in the Post COVID Era! Here is New Intel that Will Help Understand the Growth & Opportunity for Global Cable Modems
As offices and schools worldwide move into the basements and living rooms of homes, cable modem, an important piece of network hardware that allows computers to connect to the internet, is witnessing uninterrupted gains. Against this backdrop, global market for cable modem is projected to reach US$10 billion by the year 2027 after recording a demand spike of 9.3% in the year 2020.
Global Industry Analysts, Inc. (GIA) launches comprehensive analysis of industry segments, market trends, growth drivers, market share, size and demand forecasts on the global Cable Modems market. Report segmentation includes Report segmentation includes Type (External, Internal, Interactive); Application (Residential, Commercial, Other Applications).
7 June 5:19 A.M., California/Marketwire/ - According to the new market research report, as offices and schools worldwide move into the basements and living rooms of homes, cable modem, an important piece of network hardware that allows computers to connect to the internet, is witnessing uninterrupted gains. Against this backdrop, global market for cable modem is projected to reach US$10 billion by the year 2027 after recording a demand spike of 9.3% in the year 2020.
Panic buying of computer, internet and IT hardware has additionally pushed up sales of cable modems over the last few months. With home IT suddenly assuming critical importance, consumers are focusing on acquiring new internet connections and upgrading existing connections and broadband speeds to enable multiple home devices to hook-up to the internet without speed degradation. As a result, new residential internet connections are creating a parallel demand for modems and routers. Classified as an essential service, ISPs are upgrading internet infrastructure with no interruptions in new installations and maintenance. As the unsung hero of a smart home, cable modem and routers will gain demand momentum as focus shifts to smart homes and automation in the post COVID-19 period.
Key Competitors Covered in the Report
Competitors identified in this market include, among others,
Arcadyan Technology Corporation
ARRIS International Limited
Askey Computer Corporation
CastleNet Technology, Inc.
Cisco Systems, Inc.
Lindsay Broadband Inc.
MTRLC LLC, NETGEAR, Inc.
Technicolor, Tekfun Co. Ltd.
TP-Link Technologies Co. Ltd.
Zoom Telephonics, Inc.
Geographies Analyzed in the Report
Europe (France, Germany, Italy, United Kingdom, Spain, Russia, and Rest of Europe)
Asia-Pacific (Australia, India, South Korea, and Rest of Asia-Pacific)
Latin America (Argentina, Brazil, Mexico, and Rest of Latin America)
Middle East (Iran, Israel, Saudi Arabia, United Arab Emirates, and Rest of Middle East)
This latest edition of the research study is conducted and published by Global Industry Analysts, Inc., in close collaboration with senior executives in the industry driving strategy, business development, marketing, sales, product management, technology and operations. All analysis and findings published in the report are based on validated engagements from a total executive pool size of 6378. Among this pool, 1022 direct interactions with domain experts were carried out via our proprietary market research platform, MarketGlass. Among the 191 unique participations, a total of 86 validated responses were received as part of this report's primary research outreach program. We are unique in the industry to provide our clients with the validated list executive engagements and the complete project data stack.
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) (www.strategyr.com) is the world's only influencer driven AI powered market research company. Serving more than 41,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for 33 years, offering the widest coverage of topics, geographic markets, competitive brands, and companies profiled.
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