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A good day to you all. Today’s topic is about the assimilation of the cable modem equipment market size and how much growth it seems to be hinting at.
First off, why even bother about this question, right? I myself use a wireless modem router combo and basically everyone I know uses that.
So what? A cable modem equipment is a dying thing? First, let’s find out about
What are these cable modems? How are they different from a wireless modem router combo? Is there a third and better option to these two.
What are the pros and cons of a cable modem equipment, what are some inside tips when you go to buy one of these for yourself and of course what is the current cable modem equipment market size and state?
And why are they removing Iowa’s location from all the GPSs and instead putting up your mom’s face there?
It’s because she so fat she took over Iowa which no southerner ever could do before!
What is a modem?
A modem is a mix of two words called ‘modulation’ and ‘demodulation’ and that’s based on how it works.
See a modem converts digital data from your computer to analog data from one end and on the other end another modem catches that analog data and converts it to digital data again.
That’s how we send and receive data on the internet.
Who invented these modems? Well, much like if you start to dig into the question – ‘who invented the electricity’ you are not going to get a straight answer.
Same with modems, only we can say that the first commercial modems were invented by Bell Labs in the 1950s.
What is a Cable Modem?
A cable modem uses coaxial cables to connect you with internet. It translates electrical signals from your Internet Service Provider (ISP) into digital signals.
A typical cable modem comes with 1 coaxial cable input which goes into the outlet of your wall.
1 Ethernet cable output which goes inside your PC, laptop or a Wi-Fi router and 1 DC plug which, no awards for winning the guesses here, goes into the power outlet.
Wait! Aren’t we not in the 90s anymore? Aren’t there wireless versions of these?
Wi-Fi Modem Router Combo
Or WFMRC is a super savvy machine that does all the things a cable modem does only without using actual wires to supply you with the good yummy internet.
It also enables you to use the internet from not just one but from many devices at once either via wired ethernet connecting cables or through Wi-Fi (wireless) connections.
Every actual sane person who has the slightest idea of how technology should be going right now pays his or her respect by using WFMRC.
Then there is another option to use internet, the third one is buying separate cable modem and wi-fi router.
And that is just a situation where you connect your cable modem to your wireless router which then allows your devices to connect with the internet.
Cable Modem Vs Wireless Modem Router Combo: Which one is better?
- If you buy a cable modem then you can make only one device access the internet but a wireless modem router combo you can give multiple devices (PC, Laptops, PS4, XBOX, Smartphones etc.) access to internet.
- There is no wi-fi in cable modems. There is yes wi-fi with ability to create guest network in wireless modem router combo.
- Cable modems are comparatively less costly than wireless modem router combos.
- If you choose a separate modem and a separate router combo then you also get to have regular firmware upgrades and opensource software support but only for the router part.
- And yes, separate router and separate modem is even more costly than both these two above.
Other things to remember
- If you are looking for performance and know your way around technology a little then you must go with separate router and separate modem combo for yourself.
- If you live on rent and move to a non-cable service provider then your combo device is useless. In this scenario, a separate wi-fi router would be reusable.
- The biggest downside of a combo device is that if there is something wrong in your firmware it could take months for your ISP to launch a firmware update.
- In case of technology update in router devices, it will first show up in separate routers.
So, Cable modems or wireless ones, which is better?
A cabled modem with an ethernet cable is faster in the case of transferring data, it gets less lags than wi-fi and will have more stability on average than wi-fi.
In case your top priority is security then wired modems are more secure than wi-fi and reduce the risk of data breach by a lot.
But most people still prefer the convenience wireless modem router combos provide. Even with the upper hand wired modems seem to have upon wireless router modem combo machines those differences are marginal.
And everyday the wireless technology is advancing to sharpen the roughness around its edges. If you are trying to get wireless wi-fi be sure to get the latest 802.11 AC Wave 2 standard.
The Cable Modem Equipment Market Size
The sudden outbreak of Covid-19 affected all of us and it hit the cable modem equipment market too.
The major risk factors to all businesses because of the pandemic were drop in demand and production, disruption in market and supply chain and financial mugging of financial markets and firms.
Go Pandemic! Stick it to the corporations.
Ha-ha but seriously no, it hurt all of us!
However, the cable modem equipment market was estimated at US$7.2 Billion in 2020 and even after all things we have been through this market is projected to get to a revised size of US$10 Billion by 2027.
That’s a straight up CAGR of 4.8% over the analysis period of 2020 to 2027.
External, one of the segments is to reach US$6.6 Billion at a CAGR of 5.6% and the growth in internal segment is readjusted to a revised CAGR of 2.7% for the period of next 7 years.
Cable Modem Equipment Market Size in US
The cable modem equipment market size in US is estimated in $1.9 Billion back in 2020. China is forecasted to reach $2.4 Billion with a CAGR of 6.2% by 2027.
And after these two Japan and Canada each have a forecasted CAGR of 3.3% and 4.1% respectively by 2027.
FYI, the wireless router market was at US$10572.2 million in 2020 and that market is estimated to get at US$17084.9 million by 2026 with a CAGR of 8.4% over the forecast period of 2021 to 2026.
What I am getting at is that even though wired modems don’t seem to be going anywhere, it is the wireless industry which is booming.
I, personally feel it’s better to stay with the path of the future which is wireless if you are an investor.