The market of Cables Modem Termination System and Converged Cable Access Platform is anticipated to grow at a significant CAGR during forecast period. The Cable Modem Termination System (CMTS) provides cable consumers with high-speed data services like voice over internet protocol. It contributes to the digital subscriber line system by performing the functions of a digital subscriber line access multiplexer. Cable providers typically use it to deliver services over the HFC network. The Converged Cable Access Platform (CCAP) aids in the operation and technical utility of two services: the converging multiservice access platform (CMAP) and the converged edge services access router (CESAR). It’s in charge of providing a single platform for video and IP-based broadband services. It can be used for traffic shaping and for over the top (OTT) services.
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The rising demand for broadband services are resulting in more investment, propelling the market forward. Furthermore, the introduction of Over-the-Top (OTT) services such as Amazon Prime, Netflix, and a slew of others has aided industry expansion. Furthermore, because of technical advancements, businesses are adopting IoT solutions, which is a factor creating favourable impact on the industry.
Furthermore, rising IoT demand, the introduction of over-the-top (OTT) services such as Netflix, Amazon Prime, and Hulu, as well as an increase in broadband subscriptions, which affect the network infrastructure market and raises demand for CMTS and CCAP systems, are the major driving factors for the CMTS and CCAP market’s growth. On the global CMTS and CCAP market, however, high investment costs and bandwidth sharing difficulties are limiting market expansion.
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Market Coverage
- The market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
- Segment Covered-
o By DOCSIS Standard
o By Application
- Competitive Landscape: Casa Systems, Arris International Limited, Cisco System Inc., Nokia Corporation, Harmonic Inc and others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Cable Modem Termination System And Converged Cable Access Platform Market- Segmentation
By Docsis Standard
- DOCSIS 3.0 and Below System Standard
- DOCSIS 3.1 System Standard
By Application
- Business
- Consumer
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