Multimedia over Coax Alliance Market size is predicted to reach $2041.1 million by 2030, growing at a CAGR of 9.6% during the forecast period 2023-2030 according to the latest market research report published by IndustryARC. Increase in Advancement for Smart Home or Connected Home Technology, and Low cost of Installation as Compared to Ethernet cable for Pre-Existing Coax Infrastructure are the driving factors of the market during the forecast period, finds IndustryARC in its recent report, titled “Multimedia over Coax Alliance Market Size, Share & Trends Analysis Report By Version(MoCA 1.1, MoCA 2.0, MoCA 2.5, and MoCA 3.0), By Product Type(Adapters, Modems, Set Top Boxes, Gateways, Network Hubs, Network Bridges, Range Extenders, Routers, Dongles, and Others), By End User(Service Providers, and Broadband ISPs), By Application(Cable TV, Telco/IPTV, Satellite Communication, Wi-Fi, and Others) & Industry Forecast, 2023-2030.”
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Multimedia over Coax Alliance Market 2023-2030: Scope of the Report
Report Metric | Details |
Base Year Considered | 2022 |
Forecast Period | 2023–2030 |
CAGR | 9.6% |
Market Size in 2030 | $2041.1 Million |
Segments Covered | Version, Product Type, End-User, and Application |
Key Market Players | · CommScope · MaxLinear · Motorola, Inc. (Lenovo) · Technicolor SA · Actiontec Electronics · Verizon · EchoStar · DIRECTV · Cox Enterprises |
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Multimedia over Coax Alliance Market Report – Key Takeaways:
North America dominated the Multimedia over CoAX Alliance with a market share of approximately 62% in 2022. The United States is the largest market for the North American MoCA market. Growing demand for smart homes has provided various opportunities for these products, thereby driving the U.S. MoCA market during the forecast period. North America has a well-established coaxial cable infrastructure, mainly due to the widespread deployment of cable TV services. MoCA technology, which leverages existing coaxial cables for high-speed data transmission, is easily integrated into the region’s pre-existing infrastructure, making it a practical and cost-effective networking solution.
Many rural areas already have coaxial cable networks in place for cable TV services. By leveraging this pre-existing infrastructure, MoCA technology can provide a cost-effective and efficient solution for extending high-speed internet connectivity to rural households and businesses without the need for extensive new infrastructure investments. The demand for high-bandwidth applications, such as video streaming, telecommuting, distance learning, and telemedicine, is not limited to urban areas. MoCA technology’s ability to deliver gigabit data rates over coaxial cables enables rural communities to access and benefit from these applications.
Coaxial cable infrastructure may not be present in many older residences or buildings, particularly if constructed before the emergence of digital cable or broadband services. It can be very expensive and disruptive to retrofit such properties to accommodate Multimedia over Coax Alliance. It might be necessary to lay new coaxial wires through floors, walls, or ceilings, which could cost money to do and possibly harm pre-existing buildings.
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Key Opportunity Analysis:
Integration of MoCA with Wi-Fi Mesh:
Wi-Fi mesh systems are designed to extend Wi-Fi coverage throughout larger homes or buildings by utilizing multiple access points. By integrating MoCA with Wi-Fi mesh, the existing coaxial cable infrastructure can be utilized to establish wired backhaul connections between mesh nodes. This enables the seamless expansion of Wi-Fi coverage in areas that may be difficult to reach with traditional wireless-only mesh systems. MoCA provides a high-speed wired connection between mesh nodes, which can significantly improve network performance and reduce latency compared to relying solely on wireless connections for mesh backhaul. This results in more stable and reliable Wi-Fi connectivity throughout the entire coverage area.
The International Market Expansion for the Multimedia over Coax Alliance Presents Significant Opportunities for Growth
The international expansion allows MoCA technology to tap into a much larger market beyond domestic borders. This provides access to diverse markets, catering to various consumer needs and preferences worldwide. As countries around the world experience increased demand for high-speed internet and data connectivity, MoCA’s ability to deliver reliable and high-bandwidth networking solutions becomes highly relevant. This demand is driven by factors such as the proliferation of smart devices, the rise of streaming services, and the growth of online gaming. The MoCA Alliance, a global consortium of companies, drives the standardization and promotion of MoCA technology. Collaborative efforts among member companies enable faster adoption of MoCA in new markets and facilitate cross-industry partnerships.
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The Report also Covers the Following Areas:
Multimedia over Coax Alliance Market 2023-2030: Key Highlights
Covid and Ukrainian Crisis Impact:
The pandemic led to widespread disruptions in global supply chains, affecting various industries’ ability to procure raw materials and components. This resulted in production delays and shortages of goods, impacting market supply and demand dynamics. With lockdowns and social distancing measures in place, consumer behavior changed drastically. There was a surge in e-commerce and a decline in traditional retail, impacting market strategies and business models.
Armed conflicts and geopolitical tensions have created uncertainty in the global market. Investors became cautious, leading to fluctuations in stock markets and capital flows. Trade disputes or sanctions have affected the export and import of technology products, potentially impacting the availability and pricing of MoCA cables in certain regions. Economic downturns resulting from global crises led to reduced consumer spending and business investments, which decreased the overall demand for technology products, including MoCA cables.
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The key companies profiled in the Multimedia over Coax Alliance Market Report are listed below:
United States Multimedia over Coax Alliance Market– United States Multimedia over Coax Alliance Technology Market is estimated to reach a value of $895.4 million by 2026 at a CAGR of 7.4% during the forecast period 2021-2026. MoCA technology is a layer 2 transport protocol that allows content to be transmitted over existing coaxial TV cabling in-home and is primarily employed to ensure the delivery of packets to their destination.
Wifi HaLow Devices Market – WI-FIHaLow Devices market size was valued at 5.6 million units in 2020 and it is estimated to grow at a CAGR of 12.6% during 2021-2026. The growth can be attributed to the adoption of Wi-Fi HaLow devices across various industries due to its ability to offer long range connectivity at low cost, low power consumption, and avail high data speed as compared to others.
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