Network Modem Market Analysis, Size, Share, Growth, Trends and Forecast Opportunities
Global Network Modem Market size was valued at US$ 4,830 million in 2024 and is projected to reach US$ 7,290 million by 2032, at a CAGR of 6.0% during the forecast period 2025-2032 . The U.S. market accounted for 28% of global revenue in 2024, while China is expected to witness the highest growth rate due to rapid digital infrastructure development. Network modems are essential connectivity devices that modulate and demodulate analog carrier signals to encode and decode digital information for data transmission. These devices come in both wired (cable, DSL) and wireless (4G/5G) variants, serving as critical interfaces between local networks and internet service providers. The market segmentation includes residential, commercial, and industrial applications, with growing demand for high-speed connectivity driving innovation. The market growth is fueled by increasing broadband penetration, rising smart home adoption, and enterprise digital transformation ini...