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Cable Modem Termination System (CMTS) and Converged Cable Access Platform (CCAP) Market estimated to be worth 7.23 Billion USD by 2023

(EMAILWIRE.COM, May 23, 2019 ) The Cable Modem Termination System Market (CMTS) and Converged Cable Access Platform Market (CCAP) held USD 2.72 Billion in 2016 and is expected to be valued at USD 7.23 Billion in 2023, at a CAGR of 10.96% during the forecast period. 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 driving the growth of CMTS market.

DonÂ’t miss out on business opportunities in Cable Modem Termination System Market. Speak to our analyst and gain crucial industry insights that will help your business grow: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=120044037

CCAP is expected to hold the largest market share in the forecast period

The CCAP market is growing because of booming internet and over the top (OTT) services, which is driving the adoption of new headend hardware. CCAP is capable of fulfilling all the requirements related to high-speed internet and OTT services, whereas CMTS is lagging. However, the cable industryÂ’s DOCSIS 3.1 upgrade is also a major instigating factor for high adoption of CCAP. In addition, CMTS market will continue to fall slowly.

DOCSIS 3.1 standard systems to hold the largest market share during the forecast period

With the increased demand for CCAP systems and DOCSIS 3.1 standard cable lines across verticals, the market for DOCSIS 3.1 standard systems is expected to hold the largest market in the forecast period. It is expected to continue the same during the forecast period owing to the increase in the demand for high-speed internet and OTT services such as internet TV, video on demand, music, and communications.

Browse and in-depth TOC on "Cable Modem Termination System Market"

65 - Tables
36 - Figures
131 - Pages

View more detailed TOC @
https://www.marketsandmarkets.com/Market-Reports/cable-modem-termination-system-market-120044037.html

North America expected to hold the largest market share during the forecast period

North America emerged as a major consumer for the CMTS and CCAP market. Increasing demand for high-speed internet and OTT services is expected to propel the CMTS and CCAP market. Major companies such as Arris, Harmonic, and Cisco are launching their products in this region. Moreover, DOCSIS 3.1 upgrade is encouraging CMTS and CCAP system manufacturers to manufacture systems with DOCSIS 3.1 specification.

Request for Free Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=120044037

The major players in the market include Arris (US), Cisco (US), Casa Systems (US), Harmonic (US), Nokia (Finland), Huawei (China), Broadcom (US), Juniper (US), Chongqing Jinghong (China), Blonder Tongue Laboratories, Inc. (US), Sumavision Technologies Co., Ltd. (China), Versa Technology Inc. (US), C9 Networks Inc. (US), Vecima Networks Inc. (Canada), and Teleste Corporation (Finaland).

Browse Adjacent Markets @ Semiconductor and Electronics Market Research Reports & Consulting

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarketsÂ’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com
Visit MarketsandMarkets Blog@ http://www.marketsandmarketsblog.com/market-reports/electronics-and-semiconductors
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets
Website: http://www.marketsandmarkets.com/

MarketsandMarkets™
Mr. Shelly Singh
1-888-600-6441
raviraj.tak@marketsandmarkets.com

Source: EmailWire.com

Cable Modem Termination System (CMTS) and Converged Cable Access Platform (CCAP) Market estimated to be worth 7.23 Billion USD by 2023

(EMAILWIRE.COM, May 23, 2019 ) The Cable Modem Termination System Market (CMTS) and Converged Cable Access Platform Market (CCAP) held USD 2.72 Billion in 2016 and is expected to be valued at USD 7.23 Billion in 2023, at a CAGR of 10.96% during the forecast period. 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 driving the growth of CMTS market.

DonÂ’t miss out on business opportunities in Cable Modem Termination System Market. Speak to our analyst and gain crucial industry insights that will help your business grow: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=120044037

CCAP is expected to hold the largest market share in the forecast period

The CCAP market is growing because of booming internet and over the top (OTT) services, which is driving the adoption of new headend hardware. CCAP is capable of fulfilling all the requirements related to high-speed internet and OTT services, whereas CMTS is lagging. However, the cable industryÂ’s DOCSIS 3.1 upgrade is also a major instigating factor for high adoption of CCAP. In addition, CMTS market will continue to fall slowly.

DOCSIS 3.1 standard systems to hold the largest market share during the forecast period

With the increased demand for CCAP systems and DOCSIS 3.1 standard cable lines across verticals, the market for DOCSIS 3.1 standard systems is expected to hold the largest market in the forecast period. It is expected to continue the same during the forecast period owing to the increase in the demand for high-speed internet and OTT services such as internet TV, video on demand, music, and communications.

Browse and in-depth TOC on "Cable Modem Termination System Market"

65 - Tables
36 - Figures
131 - Pages

View more detailed TOC @
https://www.marketsandmarkets.com/Market-Reports/cable-modem-termination-system-market-120044037.html

North America expected to hold the largest market share during the forecast period

North America emerged as a major consumer for the CMTS and CCAP market. Increasing demand for high-speed internet and OTT services is expected to propel the CMTS and CCAP market. Major companies such as Arris, Harmonic, and Cisco are launching their products in this region. Moreover, DOCSIS 3.1 upgrade is encouraging CMTS and CCAP system manufacturers to manufacture systems with DOCSIS 3.1 specification.

Request for Free Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=120044037

The major players in the market include Arris (US), Cisco (US), Casa Systems (US), Harmonic (US), Nokia (Finland), Huawei (China), Broadcom (US), Juniper (US), Chongqing Jinghong (China), Blonder Tongue Laboratories, Inc. (US), Sumavision Technologies Co., Ltd. (China), Versa Technology Inc. (US), C9 Networks Inc. (US), Vecima Networks Inc. (Canada), and Teleste Corporation (Finaland).

Browse Adjacent Markets @ Semiconductor and Electronics Market Research Reports & Consulting

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarketsÂ’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com
Visit MarketsandMarkets Blog@ http://www.marketsandmarketsblog.com/market-reports/electronics-and-semiconductors
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets
Website: http://www.marketsandmarkets.com/

MarketsandMarkets™
Mr. Shelly Singh
1-888-600-6441
raviraj.tak@marketsandmarkets.com

Source: EmailWire.com


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