According to a recently published report by Del Oro Group, the trusted source for market information about the telecommunications, security, networks, and data center industries, the total global broadband access equipment market Revenue declined to $4.2 billion in 2Q 2024, down 8. percent year-over-year (Y/Y). However, spending improved 4 percent from 1Q 2024, which saw the lowest total spending in nearly three years.

“Cable operators are feeling the squeeze between fiber ISPs and fixed wireless providers that are poaching valuable residential subscribers,” said Dell’Oro Group Vice President Jeff Hannon. “As a result, fixed wireless CPE unit shipments posted their fourth consecutive quarter of Y/Y growth, while cable operators reduced their CPE purchases, pushing unit shipments to historically low levels. ” explained Heinen.

Additional highlights from the 2Q 2024 Broadband Access and Home Networking Quarterly Report:

• Total PON equipment spending was down 6 percent from 2Q 2023, driven by an 18 percent drop in spending on PON OLTs.
• 2Q 2024 spending on fixed wireless CPE grew 32 percent Y/Y, driven by strong growth in 5G sub-6 GHz unit shipments again in North America.
• Spending on DOCSIS infrastructure fell 25 percent Y/Y, although total spending on DAA equipment (RPDs, RMDs, R-OLTs, and vCMTS platforms) was essentially flat Y/Y.
• Spending on residential Wi-Fi routers rose 13 percent Y/Y as consumers continue to upgrade units and mesh systems they likely purchased during the pandemic.

CT Office