Cable Modem Termination System (CTMS) and Converged Cable Access Platform (CCAP) Market

Cable Modem Termination System (CTMS) and Converged Cable Access Platform (CCAP) Industry worth $10.4 billion by 2029

According to the new market research report "Cable Modem Termination System (CTMS) and Converged Cable Access Platform (CCAP) Market by Type (CMTS (traditional CMTS, Virtual CMTS) and CCAP), DOCSIS Standard (DOCSIS 3.1 and DOCSIS 3.0 and Below) and Geography- Global Forecast to 2029" The CMTS and CCAP industry size is projected to grow from USD 6.7 billion in 2024 and is expected to reach USD 10.4 billion by 2029, growing at a CAGR of 9.3% from 2024 to 2029. The introduction of DOCSIS 4.0 technology is expected to be one of the key driving factors for this market. DOCSIS 4.0 introduces Full Duplex DOCSIS (FDX), enabling symmetrical upload and download speeds. This is a significant improvement over previous versions, which typically have higher download speeds than upload speeds. Symmetrical speeds are beneficial for applications such as video conferencing, cloud services, and other upload-intensive activities. Moreover, This enables a smoother transition for cable operators, allowing them to upgrade their networks gradually without disrupting existing services.

Browse 169 market data Tables and 58 Figures spread through 196 Pages and in-depth TOC on "Cable Modem Termination System (CTMS) and Converged Cable Access Platform (CCAP) Market by Type (CMTS (traditional CMTS, Virtual CMTS) and CCAP), DOCSIS Standard (DOCSIS 3.1 and DOCSIS 3.0 and Below) and Geography- Global Forecast to 2029"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/cable-modem-termination-system-market-120044037.html

CTMS and CCAP Industry Segmentation:

By segment, CTMS and CCAP industry for Converged Cable Access Platform (CCAP) segment is expected to hold the largest market share during the forecast period.

Due to the rise of smart homes and Internet of Things (IoT) there is a growing number of connected devices in homes and businesses, ranging from smart appliances to security systems, requires high-bandwidth and low-latency networks. CCAP's ability to aggregate and manage traffic efficiently makes it well-suited for supporting these applications. Moreover, while deploying multiple CMTS units can be expensive and require significant space, CCAP offers a more centralized and scalable solution. This can lead to reduced operational costs and improved network management for cable operators.

Virtual CMTS is expected to hold the largest market share in the CMTS industry during the forecast period.

Due to the continuous technological advancements such as 5G mobile networks and edge computing applications requires high-bandwidth and low-latency networks. vCMTS can provide the necessary flexibility and scalability to support these demanding applications. Moreover, vCMTS technology is rapidly evolving, offering improved performance, security, and feature sets. This makes it a more effective option for operators seeking to modernize their networks.

DOCSIS 3.1 standard is expected to witness the higher CAGR in the CMTS and CCAP industry during the forecast period.

Due to the expansion and advancements of DOCSIS standards and with the release of DOCSIS 4.0, there's a growing need for DOCSIS 3.1 infrastructure as a foundation. While 4.0 offers even higher speeds (up to 10 Gbps symmetrical), it's currently being deployed on top of existing 3.1 infrastructure, further driving the market for this standard.

CTMS and CCAP Industry Segmentation:

North America is expected to hold the largest share of the CMTS and CCAP industry during the forecast period.

North America is at the forefront of providing high-speed Internet access, for example, In 2023, the US government's Broadband Equity, Access, and Deployment (BEAD) program provides funding for broadband infrastructure development, The BEAD Program includes USD 42 Billion for high-speed Internet access funded by the Bipartisan Infrastructure Law, BEAD is a federal grant program that aims to get all Americans online by funding partnerships between states or territories, communities, and stakeholders to build infrastructure where it is needed to and increase adoption of high-speed internet. It provides around USD 42.45 billion to expand high-speed internet access by funding planning, infrastructure deployment and adoption programs in all states.

CTMS and CCAP Industry Key Players

Leading players in the CMTS and CCAP industry include CommScope (US), Cisco Systems, Inc. (US), Casa Systems (US), Harmonic Inc. (US), Nokia (Finland), Huawei Technologies Co., Ltd. (China), Broadcom (US), Juniper Networks, Inc. (US), Jinghong V & T Technology Co., Ltd. China), Sumavision (China), Blonder Tongue Laboratories (US), Versa Technology Inc. (US), C9 Networks Inc.  (US), Vecima Networks Inc. (Canada), Teleste (Finland), Gennexcomm, Inc (US), The Volpe Firm (US), Creonic GmbH (Germany), Inango Systems Ltd. (Israel), Infinera Corporation (US), CableLabs (US), Leadman Electronics USA, Inc. (US), ZCorum (US), Calix (US), Australia's National Broadband Network. (Australia) are few other key companies operating in the CMTS and CCAP market.

Don’t miss out on business opportunities in Cable Modem Termination System (CTMS) and Converged Cable Access Platform (CCAP) Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

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Cable Modem Termination System (CTMS) and Converged Cable Access Platform (CCAP) Market Size,  Share & Growth Report
Report Code
SE 5900
PR Published ON
3/13/2024
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