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Download Free sampleThe global Modem market was valued at 855.3 Million USD in 2021 and will grow with a CAGR of 4.72% from 2021 to 2027, based on Research newly published report.
The prime objective of Modem Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Modem Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
A modem is a device that provides access to the Internet. The modem connects to the ISP, which typically provides either cable or DSL Internet service. Cable modems have a coaxial (or "coax") connection, which is the same type of connector found on a TV or cable box. This connects to a cable port on the wall. DSL modems have a telephone connector, also called an RJ-11 jack, which connects to a telephone socket on the wall. The market is driven by various end-user industries. As the downstream consumption usually follows with developed and rapid economic growth areas, such as BRICS, the developed areas` company prefers investing to underdevelopment regions these years. The key players are Motorola, Cisco, ARRIS, NETGEAR, Linksys, Ubee (Ambit), D-Link, TP-Link, Asus, Toshiba, Actiontec, Skyworth, Huawei, ZTE, Pantech, Lenovo, Zoom, Cradlepoint, USRobotics, PHILIPS, Westell and so on. Motorola, Cisco, ARRIS and NETGEAR are the leaders. The leading companies own the advantages on better performance, more abundant product`s types, better technical and impeccable after-sales service. Looking to the future years, the slow downward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin. The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins. Manufacturers can take advantage of this situation by reinforcing their production units and supply-chains to avoid any delay in production turn-around-times (TAT) and supply-lead-times. Significant and lasting barriers make entry into this market difficult. These barriers include, but are not limited to: (i) product development costs; (ii) capital requirements; (iii) intellectual property rights; (iv) regulatory requirement; and (v) Transitions` unfair methods of competition. Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area, the future will still have more new investment enter the field. Even so, the market is intensely competitive .The study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.
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