Growth in smart homes to assist the demand for U.S-Multimedia over Coax Alliance Technology Market during the forecast period 2021-2026.
The 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. The increasing demand for streaming devices, smart TVs, gaming consoles, smart cameras, smart assistants and others for smart homes is set to drive the multimedia over coax alliance technology market owing to its ability for distribution of multimedia and data over the existing coax cable infrastructure. Coax cable being already installed majorly across homes in the U.S. for multi-room DVR, thus it paves the way for adoption of multimedia over Coax for connected home setup during 2021-2026.
MoCA 2.0 is analysed to hold the largest share of around 87% of the U.S. MoCA market in 2019 owing to the wide scale penetration of the same in the country especially for extending high speed networking with gigabit performance for IPTV, media streaming, gaming consoles, and home networking applications. MoCA 3.0 is set to witness the highest growth of CAGR 55% during 2020-2025, owing to the surge in adoption of enhanced mobile broadband and 5G based smart home and multimedia devices. Additionally, integration MoCA 3.0 for Wi-Fi mesh is set to open up new growth opportunities for the market owing to the benefits such as enhanced point-to-point level security availed by the same. In April 2019, MoCA has introduced MoCASec, a robust security layer for stronger secured links between networked devices which also supports the Wi-Fi Alliance’s EasyMesh standard in home networks. MoCA Technology is also being widely used by TV providers in order to meet rising customer demands and deliver new TV experiences, such as 4K UHD content delivery.
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U.S-Multimedia over Coax Alliance Technology Market Growth Drivers:
Enhancing Wi-Fi signal with MoCA Technology drives the growth of MoCA market
MoCA technology is reliable, cost-effective, and does not require any new connections or installations without causing any disruption to existing networks. Wi-Fi signal can be enhanced by up to 300 percent with MoCA network adapters or MoCA Wi-Fi extenders, resulting in a dependable, ultrafast Wi-Fi network for 4K streaming, lag-free gaming, and fast web browsing. These benefits are set to increase the demand for MoCA market during the forecast period 2020-2025. Apart from this, the ease of integration of MoCA with existing coax cable network to deliver high-speed data to all access points also serves as the driving factor for the market.
In December 2019, Xperi Corporation and TiVo Corporation announced they entered into a definitive agreement to combine in an all-stock transaction, representing approximately $3 billion of combined enterprise value.
In September 2020, MaxLinear Inc. acquired NanoSemi, Inc., a leading provider of IP which utilizes machine learning to improve signal integrity and power efficiency in SoC, ASIC and FPGA in next-generation communication and AI systems. The company witnessed significant increase in demand for front-end, Wi-Fi silicon, DOCSIS, MoAX and other offering from North America’s cable operator platforms service providers.
The Major Players in this Market Include
The major companies in the U.S-Multimedia over Coax Alliance Technology Market include Arris International Limited, MaxLinear, Motorola, Inc. (Lenovo), Technicolor SA, Actiontec Electronics, Multimedia over Coax Alliance, Comcast, Cox Communications(Cox Enterprises), InCoax Networks AB and Intel among others.
In 2019, Amino Inc., collaborated with Waverly Utilities to supply MoCA based IPTV devices including AminoOS powered Kamai 650M set-top boxes and AminoOS software that will allow the Iowa multiservice provider to boost efficiency and deliver an enhanced pay-TV video experience
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