The research firm also noted a 14% sequential increase in cable DOCSIS shipments, as multiple-system operators continued major upgrades to their broadband networks.
“The cable broadband market got off to a mixed start in the first quarter. Despite the first quarter typically being a slow one, DOCSIS channels increased yet again. But revenue was down due to a combination of aggressive pricing and a higher proportion of software licenses,” said Jeff Heynen, research director for broadband access and pay TV at IHS.
Overall, CCAP, CMTS, CMC and edge QAM revenue fell 7% sequentially in the first quarter to $474 million.