The proliferation of Internet of Things is the major factor driving this market. Increasing use of internet to carry out various financial transactions has increased leading to drive this market. Business organizations are also promoting the use of internet on mobile devices by allowing employees to carry out their work at convenient locations using smart phones and tablets. However, high installation cost is one of the major factors limiting the growth of the cable modem subscribers market. In terms of volume, global cable modem market in 2017 stood at 132.45 million units and is expected to reach XX million units by 2025 growing at a CAGR of XX% from 2017 to 2025. In terms of revenue, global cable modem market in 2017 stood at USD XX million and is expected to reach USD 5,548.6 million by 2025 growing at a CAGR of XX% from 2017 to 2025.
On the basis of type, cable modem can be segmented as external and internal cable modem. External cable modem occupied larger share than that of XX type of cable modem. Major applications of cable modem can be classified as commercial, industrial, household and other uses.
Region wise, global cable modem market can be segmented into North America, Europe, China, Japan and ROW. North America held the largest market share.
Some of the global major players operating in the cable modem market include: Arris, Netgear, Hitron, Technicolor, UBee, ZyXel, TP-LINK, SMC, D-Link, Toshiba, Belkin International and others.
The Global Cable Modem Market is segmented as follows:
Global Cable Modem Market: Product analysis
• External Cable Modem
• Internal Cable Modem
Global Cable Modem Market: Application analysis
• Commercial Use,
• Household Use
• Industrial Use
Global Cable Modem Market: Region analysis
• North America