Indian telecom industry has been |
penetration of 3G / 4G and interactive |
witnessing continuous growth over the |
voice services such as video calling in the |
last decade. Ever since the introduction of |
country, the telecom cable market is |
second generation( 2G) telecom network |
expected to grow further at a faster |
in India, the country’ s telecom |
growth rate over the next five years. |
infrastructure has undergone major |
According to“ India Telecom Cable Market |
technological advancements. The country |
Forecast & Opportunities, 2019”, the |
has also been experiencing tremendous |
telecom cable market in India is forecast |
growth in overall telecom subscriber base, |
to reach US $ 354 million by 2019. Indian |
which is further driving the telecom |
telecom cables market has been |
infrastructure, and hence the telecom |
segmented into Polyethylene Insulated |
cable market in India. Growing |
Jelly Filled( PIJF) cable, Optical Fiber |
commercial spaces, offices and corporate |
cable, and Community Access TV( CATV) |
hubs, coupled with proliferation of |
cable segment. Of these, Optical Fiber |
smartphones and increasing teledensity |
cables dominated the market, holding |
are other major factors driving telecom |
majority revenue share. The segment is |
cable demand in the country. The |
expected to continue dominating through |
government of India, on its part, is also |
the forecast period due to rising demand |
not leaving any stone unturned to |
for high speed data transmission services. |
contribute in telecom infrastructure |
Region-wise, North India is the leading |
expansion throughout the country, which |
market for telecom cables with major |
is evident from various projects that the |
revenues being generated from states of |
government has undertaken such as |
Delhi, Haryana, and Punjab due to |
National Optic Fiber Network( NOFN) to |
increasing demand for high speed internet |
connect around 250,000 Gram |
and other voice services. Leading players |
Panchayats of India to a principal telecom |
operating in the Indian telecom cables |
network for high speed data transmission |
market are Sterlite, Finolex Cables, and |
and internet services. With increasing |
Aksh Optifiber Limited. |
Increasing government expenditure for the |
connect 250,000 Gram Panchayats in |
development of telecom infrastructure and |
various parts of the country to their |
projects such as National Optical Fiber |
respective district blocks for streamlining |
Network to drive telecom cable market. |
various sectors healthcare, education, etc. |
According to the recently published report |
This is expected to drive the adoption of |
by TechSci Research,“ India Telecom |
telecom cables in rural India on the back |
Cable Market Forecast and Opportunities, |
of rising number of mobile subscribers. In |
2019”, the telecom cable market in India is |
addition, projects like Network for |
forecast to reach USD354.23 million by |
Spectrum( NFS) being implemented by |
2019. Growing number of telecom |
the Indian Army and Indian Navy are also |
subscribers, growing penetration of |
expected fuel the market for telecom |
smartphones and rising demand for high |
cables in the country. In addition, the |
speed data transmission are the major |
expected 4G rollout would further propel |
factors propelling the demand for telecom |
the demand for telecom cables in the |
cables in the country. With increasing data |
country. Considering these opportunities, |
traffic, expansion of telecom infrastructure |
telecom operators are also eyeing to |
has become inevitable, thereby spurring |
expand their penetration level in rural are |
the market for telecom cables. In 2013, |
as over the forecast period. |
advanced optical fiber cables that are |
“ Increasing penetration of telecom services |
designed for high speed data transfer |
in rural India has emerged as the major |
dominated the market, holding over 50 % |
growth driver for the Indian telecom cable |
market share in value terms. The segment |
market. Teledensity in India is increasing |
is expected to continue dominating |
continuously due to the growing demand |
through the forecast period due to rising |
for high speed internet services, which |
demand for high speed Internet on the go. |
cannot be catered by traditional copper |
The Government of India is planning to |
cable network. |