India Telecom Cable Market is Expected to Register a 6.63% CAGR Through 2030
Growing Demand for High-Speed Internet & Data Services and Government Initiatives &
Investments in Telecom Infrastructure are likely to propel the market during
the forecast period.
According to
TechSci Research report, “India Telecom Cable Market – By Region,
Competition, Forecast and Opportunities, 2020-2030F”, India Telecom Cable Market was valued at USD 6.72
Billion in 2024 and is expected to reach USD 9.97 Billion by 2030 with a CAGR
of 6.63% during the forecast period.
One
of the primary drivers of the India Telecom Cable market is the increasing
demand for high-speed internet and data services. The rapid digital
transformation and the widespread adoption of digital technologies in both
urban and rural areas have led to a surge in the need for reliable and fast
internet connections. As more people access the internet for entertainment,
work, education, and e-commerce, the demand for high-bandwidth networks and
robust communication infrastructure is escalating.
Telecom
cables, especially fiber optic cables, are central to providing high-speed
internet and data services. Fiber optic cables offer superior bandwidth and
faster data transmission speeds compared to traditional copper cables, making
them essential for the growing demand for broadband services. With the Indian
government’s Digital India initiative, the push for broadband connectivity has
expanded, aiming to provide internet access to every corner of the country.
This initiative is driving the demand for telecom cables as they form the
backbone of the country’s telecommunication infrastructure. In addition to
residential demand, the rising number of businesses, startups, and industries
requiring efficient communication networks has led to an increased demand for
telecom cables. Corporate offices, data centers, and IT companies require
high-speed connections to operate effectively and to support cloud computing,
remote work, and other advanced digital applications. The telecom cable market
in India is also benefiting from the ongoing rollout of 4G and 5G networks,
which require sophisticated and high-quality cabling solutions to meet the
requirements for faster data transfer and low latency.
As
the demand for high-speed internet continues to rise in India, the need for
more advanced telecom cables, particularly fiber optic cables, will continue to
drive market growth. The expansion of fiber networks, both urban and rural, as
part of government initiatives and private sector investments, will further
accelerate the telecom cable market’s expansion.
Browse over XX Market
data Figures spread through XX Pages and an in-depth TOC on " India Telecom Cable Market.”
Based
on Application, The Telecommunication held the largest market share in
2024. Telecommunication dominates the
India Telecom Cable market primarily due to the rapid growth of digital
infrastructure, the increasing demand for high-speed internet, and the
expansion of mobile and broadband networks. India, with its vast population and
expanding digital landscape, has seen a significant surge in mobile and
internet usage, which drives the need for robust telecom networks.
The
telecommunication sector in India is experiencing a digital transformation,
with a focus on enhancing mobile communication and internet connectivity across
urban and rural areas. The government's Digital India initiative plays a
crucial role in boosting the demand for telecom cables, as it aims to provide
reliable and affordable internet connectivity across the country. The ongoing
rollout of 4G and upcoming 5G networks further accelerates the need for
advanced telecom infrastructure, particularly in the form of high-capacity
cables like fiber optics.
Fiber
optic cables, in particular, are central to the telecommunication sector’s
growth in India due to their ability to deliver high-speed internet and large
bandwidth capacities, essential for meeting the demands of modern communication
services. As mobile networks shift towards 4G and 5G, fiber optics are being
extensively deployed for backhaul infrastructure to ensure seamless data
transmission between base stations and data centers. In addition to mobile
communication, the telecommunication sector in India includes a growing demand
for broadband services, driven by increasing numbers of internet users and the
shift toward digital content consumption, e-commerce, and online education. The
rise in IoT applications, smart devices, and connected services further drives
the need for telecom cables that can support real-time communication,
high-speed data transfer, and large-scale data storage.
Based on region,
North India is the fastest-growing region in the India Telecom Cable market due
to a combination of factors that drive demand for telecom infrastructure,
particularly cables. This region encompasses key states like Delhi, Uttar
Pradesh, Punjab, Haryana, Rajasthan, and Uttarakhand, all of which are
experiencing rapid urbanization, technological adoption, and increasing
internet usage.
One major factor
driving growth in North India is the region’s significant population and
increasing mobile subscriber base. As the digital divide narrows, with more
people gaining access to the internet, the demand for reliable and high-speed
telecom networks has surged. This has led to an increase in the installation of
telecom cables, especially fiber optic cables, to support the growing data
traffic from urban and rural areas alike.
The government’s
push for enhanced digital connectivity through initiatives like Digital India
and BharatNet has had a profound impact on North India. These initiatives aim
to provide internet access to underserved rural areas, prompting the expansion
of telecom infrastructure. The region's large rural population, which is
gradually being connected to broadband services, fuels the demand for telecom
cables to facilitate high-speed internet in these areas. Additionally, major
urban centers like Delhi, Gurgaon, and Chandigarh are witnessing high demand
for faster data services, particularly in support of 4G/5G networks.
North India’s
growing industrial base, which includes key sectors such as IT, manufacturing,
and services, has also contributed to the need for robust telecom
infrastructure. Data centers and cloud services are rapidly expanding in this
region, driving further demand for high-performance telecom cables,
particularly fiber optics, to ensure seamless data transfer and connectivity.
Major companies
operating in the India Telecom Cable Market are:
- Corning Incorporated
- Prysmian S.p.A
- Nexans
- CommScope, Inc
- Southwire Company, LLC
- Furukawa Electric Co., Ltd.
- Huawei Technologies Co., Ltd.
- NKT A/S
Download Free Sample Report
Customers can
also request 10% free customization on this report.
“The India Telecom Cable market presents
significant opportunities driven by the growing demand for high-speed internet,
the expansion of 4G and 5G networks, and the increasing adoption of fiber optic
cables. Government initiatives like Digital India and BharatNet
aim to improve digital connectivity, especially in rural areas, creating a
large market for telecom cables. Additionally, the rise of data centers, cloud
services, and IoT applications further fuels the demand for high-capacity,
reliable telecom infrastructure. With the government's focus on broadband
expansion and the shift to next-generation networks, the market offers
substantial growth prospects for telecom cable manufacturers and service
providers.” said Mr. Karan Chechi, Research Director of TechSci Research,
a research-based global management consulting firm.
“India Telecom Cable
Market, By Type (Coaxial Cable, Fiber Optic, Data
Center Cables, Mobile Networks, Twisted Pair Cable, LAN Cables), By Application
(Telecommunication, Data Centers, CATV, Computer Network, Others), By Region,
Competition, Forecast & Opportunities, 2020-2030F”, has evaluated the future growth
potential of India Telecom Cable Market and provides statistics &
information on Market size, structure and future Market growth. The report
intends to provide cutting-edge Market intelligence and help decision-makers make
sound investment decisions., The report also identifies and analyzes the
emerging trends along with essential drivers, challenges, and opportunities in the
India Telecom Cable Market.
Contact
Techsci Research LLC
420 Lexington Avenue,
Suite 300, New York,
United States-
10170
Tel: +13322586602
Email: [email protected]
Website: www.techsciresearch.com