Global Cable Modem Termination System (CMTS) and Converged Cable Access Platform (CCAP) Market to Reach $7.2 Billion by 2027
Amid the COVID-19 crisis, the global market for Cable Modem Termination System (CMTS) and Converged Cable Access Platform (CCAP) estimated at US$3.9 Billion in the year 2020, is projected to reach a revised size of US$7.2 Billion by 2027, growing at aCAGR of 9.4% over the period 2020-2027. CMTS, one of the segments analyzed in the report, is projected to record 3.8% CAGR and reach US$1.7 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the CCAP segment is readjusted to a revised 11.7% CAGR for the next 7-year period.
The U.S. Market is Estimated at $1.1 Billion, While China is Forecast to Grow at 9% CAGR
The Cable Modem Termination System (CMTS) and Converged Cable Access Platform (CCAP) market in the U.S. is estimated at US$1.1 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.3 Billion by the year 2027 trailing a CAGR of 9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.5% and 8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 7.9% CAGR.We bring years of research experience to this 6th edition of our report. The 173-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.Competitors identified in this market include, among others,
- ARRIS International plc
- Blonder Tongue Laboratories, Inc.
- Broadcom Ltd.
- C9 Networks
- Casa Systems, Inc.
- Chongqing Jinghong V&T Technology Co., Ltd.
- Cisco Systems, Inc.
- Creonic GmbH
- Harmonic Inc.
- Huawei Technologies Co., Ltd.
- Inango Systems Ltd.
- Juniper Networks, Inc.
- NBN Co ltd.
- Nokia Corporation
- Sumavision Technologies Co., Ltd.
- Teleste Corporation
- The Volpe Firm
- Vecima Networks, Inc.
- Versa Technology, Inc.