Cisco fared better on the edge QAM front in the fourth quarter, representing 34 percent of revenues in the category, just ahead of Harmonic Inc.'s 32 percent. Cisco and Harmonic tied in terms of edge QAM channel shipments in the period, but the fourth quarter marked the first time ever Cisco was tops in edge QAM revenues. Harmonic sill ended 2012 as the overall category leader, however. Despite some jockeying up top, global CMTS and edge QAM spending in 2012 declined 15 percent, to $1.39 billion. Revenues in the fourth quarter dropped 1 percent, to $284 million worldwide, but were up 7 percent in North America. Infonetics analyst Jeff Heynen attributed the down year partly to the completion of primary Docsis 3.0 deployments by Comcast Corp. and other cable operators. Infrastructure spending was hot in the first half of 2012, but cooled in the second half as operators ratcheted up spending on Docsis 3.0 modems and gateways. A rosier 2013?
But that downward slide won't continue for long. Infonetics sees a rebound on the horizon, expecting CMTS and edge QAM revenues to grow by more than 20 percent in 2013. Among the drivers, Heynen expects to see some initial revenue flow in for Converged Cable Access Platform (CCAP) devices that will eventually combine the CMTS and edge QAM functions. Heynen also expects to see cable access network purchasing pick up among some European MSOs during the year. (See Arris: CCAP Revenues Start to Trickle In.) — Jeff Baumgartner, Site Editor, Light Reading Cable