DUBLIN--(BUSINESS WIRE)--The "Cable Modem Termination System (CMTS) and Converged Cable Access Platform (CCAP) Market by Type (CMTS, and CCAP), DOCSIS Standard (DOCSIS 3.1, and DOCSIS 3.0 and Below), Application (Consumer, and Business), and Geography - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The CMTS and CCAP market is expected to be valued at USD 3.87 Billion by 2017 and is projected to reach USD 7.23 Billion by 2023, at a CAGR of 10.96% between 2017 and 2023.
The factors such as the increasing investment in broadband services, the advent of over the top (OTT) services such as Netflix, Amazon Prime, Hulu, and growing demand for IoT are expected to drive the growth of CMTS and CCAP market.
Among the major applications of the CMTS and CCAP market, the consumer application held the largest share of the market in 2016. The main driver for the growth of this market is the increasing number of broadband subscriptions. This, in turn, affects the network infrastructure market and increases the demand for CMTS and CCAP systems.
North America held the largest market share in 2016 and expected to grow at moderate CAGR in the forecast period owing to the increasing demand for high-speed internet and OTT services. In APAC, China accounted for the highest market share. An increase in the ecommerce and e-governance activities has spurred this growth in APAC owing to the increased government funding to promote telecommunications industry in this region. As a result of this, many CMTS and CCAP market players are investing in this region, thereby resulting in rapid growth of the said market.
- Increasing Investment in Broadband Services
- the Advent of Over the Top (OTT) Services Such As Netflix, Amazon Prime, Hulu
- IoT is Taking Hold Worldwide
- High Investments
- Docsis 3.1 Technology Upgrade Cycle
- Government Focus On Cable Digitalization is Driving the Demand for CMTS and CCAP Systems
- Bandwidth Sharing Issue
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 CMTS and CCAP Market, by Type
7 CMTS and CCAP Market, by Docsis Standards
8 Data Processed By CMTS and CCAP, by Application
9 Geographic Analysis
10 Competitive Landscape
11 Company Profiles
- Australia's National Broadband Network (Nbn Australia)
- Blonder Tongue Laboratories
- C9 Networks
- Casa Systems
- Chongqing Jinghong
- Creonic Gmbh
- Sumavision Technologies
- The Volpe Firm
- Vecima Networks
- Versa Technology
For more information about this report visit https://www.researchandmarkets.com/research/pvp7vg/global_cable?w=4