DUBLIN--(BUSINESS WIRE)--The "Cable Modem Termination System (CMTS) and Converged Cable Access Platform (CCAP) - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.
The Global Cable Modem Termination System (CMTS) and Converged Cable Access Platform (CCAP) market is expected to grow from $3.09 billion in 2017 to reach $13.74 billion by 2026 with a CAGR of 16%.
Factors such as growing investment from broadband services, increasing demand for IOT solutions and rising government focus on cable digitalization are fueling the market growth. However, huge investments and bandwidth sharing problems are hampering the market growth.
By Docsis Standards, data over cable service interface specification (DOCSIS) 3.1 segment acquired considerable growth due to the increase in the demand for high-speed internet and OTT services such as internet TV, video on demand, music, and communications.
North America is estimated to have a considerable growth in the market during the forecast period. The growth is due to rising requirement for OTT services and high-speed internet is estimated to drive the market in this region.
Moreover, APAC has significant growth in the market owing to increase in ecommerce and e-governance activities, growing government funding to support telecommunications industry in this region.
- Cisco Systems, Inc.
- C9 Networks
- Casa Systems
- Versa Technology
- Chongqing Jinghong
- Sumavision Technologies
- Blonder Tongue Laboratories
- Vecima Networks
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