Press Release

Indian Telecom Cable Market to Surpass USD354 Million by 2019

 Increasing government expenditure for the development of telecom infrastructure and projects such as National Optical Fiber Network to drive telecom cable market

According to the recently published report by TechSci Research, “India Telecom Cable Market Forecast and Opportunities, 2019”, the telecom cable market in India is forecast to reach USD354.23 million by 2019. Growing number of telecom subscribers, growing penetration of smartphones and rising demand for high speed data transmission are the major factors propelling the demand for telecom cables in the country. With increasing data traffic, expansion of telecom infrastructure has become inevitable, thereby spurring the market for telecom cables. In 2013, advanced optical fiber cables that are designed for high speed data transfer dominated the market, holding over 50% market share in value terms. The segment is expected to continue dominating through the forecast period due to rising demand for high speed Internet on the go.

The Government of India is planning to connect 250,000Gram Panchayatsin various parts of the country to their respective district blocks for streamliningvarious sectors healthcare, education, etc.This is expected todrive the adoption of telecom cables in rural India on the back of rising number of mobile subscribers. In addition,projects like Network for Spectrum (NFS) being implemented by theIndian Army and Indian Navy are also expected fuel the market for telecom cables in the country.In addition, the expected 4G rollout would further propel the demand for telecom cables in the country.Considering these opportunities, telecom operators are also eyeing to expand their penetration level in rural areasover the forecast period.

“Increasing penetration of telecom services in rural India has emerged as the major growth driver for the Indian telecom cable market. Teledensity in India is increasing continuously due to the growing demand for high speed internet services, which cannot be catered by traditional copper cable network. On account of these factors, fiber optics cables market is expected to gain a lion’s share in India’s telecom cable market. ”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

India Telecom Cable Market Forecast and Opportunities, 2019” has evaluated the future growth potential of the Telecom Cablemarket in India and provides statistics and information on market structure, market trends, market size & share, etc. The report includes Telecom Cable market projections and demand forecasting. The report is intended to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with essential drivers, challenges and opportunities available in the Telecom CableMarket in India.

 

Relevant Reports

India Telecom Cable Market Forecast and Opportunities, 2019

ICT | Sep, 2014

Increasing optical fiber adoption coupled with government projects to reinforce telecom infrastructure is expected to drive Telecom Cable Market in India during 2014-19F

Relevant News