According to a recently published report from Dell’Oro Group, total global revenue for the broadband access equipment market increased to $4.6 billion in 3Q 2024, up 1 percent Q/Q and 5 percent year-over-year (Y/Y).
“Fixed wireless providers in select markets continue to take the lion’s share of new broadband customers, with a wider range of pricing tiers designed to appeal to not only their mobile customers, but also to existing cable, DSL and fiber subscribers,” said Jeff Heynen, vice president with Dell’Oro Group. “As a result, fixed wireless CPE unit shipments posted their fifth consecutive quarter of Y/Y growth, increasing 19 percent,” explained Heynen.
Additional highlights from the 3Q 2024 Broadband Access and Home Networking quarterly report:
Total PON equipment spending was up 6 percent from 3Q 2023, driven by an 11 percent increase in spending on PON ONTs. ONT shipments in North America surpassed the 2 million mark for the first time since 1Q 2023.
Spending on DOCSIS infrastructure jumped 26 percent Y/Y, with significant spending increases for both remote PHY devices and virtual CMTS (vCMTS) platforms.
Residential Wi-Fi Router shipments were flat Y/Y, despite a 5935 percent increase in Wi-Fi 7 unit shipments, driven by lower-cost dual-band unit shipping in China.
2025 is expected to see a rebound in spending on broadband access equipment, though service providers will continue to take a measured approach to their network expansions, as interest rates are expected to remain relatively high for at least the first half of the year, pushing up the cost of capital.
About the Report
The Dell’Oro Group Broadband Access and Home Networking Quarterly Report provides a complete overview of the Broadband Access market with tables covering manufacturers’ revenue, average selling prices, and port/unit shipments for Cable, DSL and PON equipment. Covered equipment includes converged cable access platforms and distributed access architectures; digital subscriber line access multiplexers ([DSLAMs] by technology VDSL, VDSL Profile 35b and G.FAST); PON optical line terminals, cable, DSL and PON CPE (customer premises equipment); Fixed Wireless Access (FWA) CPE; and residential WLAN equipment, including mesh routers.