Demand for Cable Modem Termination System and CCAP to reach $15 billion by 2032
From GlobeNewswire: 2025-05-15 10:00:00
The Cable Modem Termination System and CCAP Market was valued at USD 6.2 billion in 2023, projected to reach USD 15.0 billion by 2032 with a CAGR of 10.24% from 2024 to 2032. Major players include Cisco, ARRIS, Casa Systems, and Nokia among others.
The U.S. Cable Modem Termination System and CCAP market was valued at USD 1.9 billion in 2023, expected to reach USD 4.5 billion by 2032 with a CAGR of 9.98% from 2024 to 2032. Demand for high-speed broadband, DOCSIS 3.1 uptake, and government funding drive growth.
CCAP dominates the market with over 71% share in 2023, offering integrated solutions reducing operational complexities. CMTS segment is expected to grow the fastest due to remote solutions adapting to changing infrastructure requirements.
DOCSIS 3.1 leads the market, designed for gigabit-speed internet services with minimal thermal management. DOCSIS 3.1 segment is projected to register the fastest growth due to evolving data consumption patterns and network upgrades.
North America leads the market with 39% revenue share in 2023, driven by technological advancements and high internet adoption rates. Asia-Pacific is expected to grow the fastest due to urbanization and significant investments in broadband infrastructure.
Recent developments include CommScope’s virtual CMTS platform, Cisco’s enhanced CCAP solutions, Casa Systems’ edge computing platform, and Harmonic’s partnerships for virtualized CMTS solutions.
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