$105.6bn
$XX.Xbn
230k
4,283
$XX.Xbn
Cable providers disseminate subscription video content from cable networks to consumers over wired telecommunications networks. In addition to video programming, these enterprises usually offer high-speed internet access and digital voice telephony services. These other services are frequently bundled in a single package with industry-relevant video services. Although these services are excluded from Cable Providers' industry revenue, demand for them affects industry sales. Industry revenue is estimated to decline an annualized 3.2% to $99.9 billion, including a dip of 0.4% in 2024 alone, with providers offsetting substantial subscriber loss through price hikes and upgrades and a fall in revenue in 2020 due to the pandemic. Average industry profit, measured as earnings before interest and taxes, has experienced a similar slump in unison with revenue, shrinking to 12.2% in 2024.
Industry revenue has declined at a CAGR of 2.1 % over the past five years, to reach an estimated $105.6bn in 2024.
Market size is projected to decline over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
---|---|---|---|---|
Comcast Corporation | 21,955.3 | 3,748.2 | 17.1 | |
Charter Communications, Inc. | 18,904.8 | 3,339.0 | 17.7 | |
Verizon Communications Inc. | 4,767.0 | 870.4 | 18.3 |
To view the market share and analysis for all 6 top companies in this industry, view purchase options.
Industry revenue is measured across several distinct product and services lines, including Basic programming packages, Premium programming packages and Pay-per-view programming. Basic programming packages is the largest segment of the Cable Providers in the US.
Streaming services siphon away demand from basic programming packages
This industry consists of companies that operate wired, third-party distribution systems for broadcast programming. These operators deliver TV programming received from cable networks or local TV stations to consumers via cable infrastructure on a subscription basis. Cable providers also offer internet access and internet protocol telephony services, usually as a package bundled with a cable TV subscription. This industry excludes telecommunications carriers.
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NAICS 517311 - Cable Providers in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
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Including values and annual change:
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Key data sources in the US include:
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The market size of the Cable Providers in the US industry in United States is $105.6bn in 2024.
There are 4,283 businesses in the Cable Providers in the US industry in United States, which has declined at a CAGR of 1.3 % between 2019 and 2024.
The market size of the Cable Providers in the US industry in United States has been declining at a CAGR of 2.1 % between 2019 and 2024.
Over the next five years, the Cable Providers in the US industry in United States is expected to decline.
The biggest companies operating in the Cable Providers market in United States are Comcast Corporation, Charter Communications, Inc. and Verizon Communications Inc.
Basic programming packages and Premium programming packages are part of the Cable Providers in the US industry.
The company holding the most market share in United States is Comcast Corporation.
The level of competition is moderate and increasing in the Cable Providers in the US industry in United States.