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Report: Broadband spending rebounds in H2 2024

March 12, 2025

According to a report from Dell’Oro Group, total global revenue for the Broadband Access equipment market increased to $4.8 billion (€4.4bn) in Q4 2024, up 3 per cent Q/Q and 5 per cent Y/Y. The gains in the quarter and the second half of the year were not enough to push 2024 into positive territory; however, as total spending for the year was flat from 2023.

“The first half of 2024 saw continued inventory corrections from 2023, while the second half of the year saw a return to more consistent, predictable purchasing,” said Jeff Heynen, Vice President with Dell’Oro Group. “2025 was supposed to be a growth year for the Broadband market. But continued high capital and labor costs, global economic uncertainty, and DOCSIS infrastructure equipment delays all threaten to hamper growth”.

Additional highlights from the report:

  • PON ONT unit shipments surpassed 150 million for the first time, with all regions notching significant Y/Y gains to support new subscriber growth.
  • Spending on DOCSIS infrastructure declined 6 per cent from 2023, though spending on DAA equipment and vCMTS platforms increased 19 per cent and 24 per cent, respectively.
  • Residential Wi-Fi Router shipments were flat Y/Y, despite an 8,155 per cent increase in Wi-Fi 7 unit shipments, driven by lower-cost dual-band units shipping in China.

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