Fueled by capacity upgrades and its position in markets such as the Asia Pacific, Casa Systems generated enough revenue for cable modem termination system (CMTS) and converged cable access platform (CCAP) gear in the fourth quarter of 2014 to shoot past Cisco Systems, according to Infonetics Research.
While Arris stayed on top, with a 53% share of CCAP/CMTS revenues in Q4, Casa held about 23.5%, enough to move ahead of Cisco’s 20%, Jeff Heynen, principal analyst for broadband access and pay TV at Infonetics, said.
For all of 2014, Arris had a commanding 48% revenue share in the product category, followed by Cisco (28%) and Casa (19%), he said.
Regarding the fourth quarter of 2014, Casa jumped ahead thanks to a mix of new business and upgrades, amplified by momentum in the Asia Pacific market as well as strength in North America.
On the other end, Cisco reached a low point that hasn't been seen in years. Heynen said many Cisco customers are waiting for the vendor to release cBR-8, a next-gen, higher-density CCAP platform that will support CMTS and edge QAM functionality. Cisco hasn’t announced a commercial launch date for that product, codenamed “Battlestar,” but it's already in trials with several MSOs. It's anticipated that Cisco will release the cBR-8 sometime in the first half of 2015.
Heynen believes Cisco’s revenue share in the cable access network equipment category is poised to bounce back once the cBR-8 is launched and offered in volume.
“There’s still a lot of Cisco footprint waiting to be upgraded,” Heynen said. “I think they [Cisco] will be on track for a decent rebound in this coming year.”
But all vendors in the sector will be hard-pressed to repeat 2014’s record DOCSIS channel shipments of 4.8 million worldwide. Infonetics believes first quarter shipments of DOCSIS and edge QAM channel shipments will dip 7% in the first quarter of 2015, noting that the pending merger between Comcast and Time Warner Cable threaten to exacerbate slowness typically seen in the period.