- Rising demand for precise current and voltage measurement in semiconductor R&D is propelling SMU adoption. For example, Keysight Technologies expanded its precision measurement portfolio in 2023 to support semiconductor test applications.
- HFC provides a balance between performance and cost, allowing telecom companies to upgrade existing infrastructure instead of full fiber deployment. Altice USA, for instance, continued leveraging HFC for rural expansion in 2022.
- North America holds a significant market share due to Cost-Effective Network Expansion.
- Asia-Pacific is expected to register the fastest growth, fuelled by Rising Demand for High-Speed Broadband.
- The DOCSIS 3.0 & Below segment is projected to account for a significant market share of approximately 68.1% in 2025, driven by growth in Video-On-Demand and OTT Services.
