Global revenue for the broadband access equipment market increased 7 percent to $4.6 billion in Q1 2023, according to Dell’Oro Group.
Total residential Wireless LAN units rose 5 percent, marking the first increase since 1Q 2021. Consumers are increasing their purchases of Wi-Fi 6 and Wi-Fi 6E units after last upgrading back in 2020.
Total cable access concentrator revenue was up 4 percent to $265 million. Remote PHY devices, Remote OLTs, and Virtual CMTS platforms recorded significant revenue gains for the quarter, as cable operators expanded their DAA and fiber initiatives.