Worldwide cable-modem-termination-system revenue posted the strongest year-over-year growth ever in 2004, according to a new study from Infonetics Research.
“Worldwide CMTS revenue took an even bigger jump than is normally expected in the seasonally strong fourth quarter, up an amazing 14% from [the third quarter of 2004] to $193 million," Infonetics principal analyst Michael Howard, lead author of the “Cable Aggregation Hardware” report, said in a prepared statement.
“This is the seventh quarterly increase in a row in the CMTS market,” he added. “The overall strength of the quarter is due to solid results from Cisco [Systems Inc.], Motorola [Inc.] and Arris [Group Inc.], which together capture 89% of the worldwide market revenue.”
According to Infonetics, North America is still the regional stronghold of cable broadband subscribers, with 22.4 million in 2004, 26% more than in 2003, representing 55% of the world total. The Asia-Pacific region was second, representing 25% of the global total.