India Wired Broadband Market stood at USD
503.34 Million in FY2022 and is expected to register a CAGR of 15.43% during
the forecast period. Increased internet consumption in India is likely to lead to the
expansion and growth of the India wired broadband market in the coming years.
The wired broadband market in India is anticipated to continue to grow as a
result of increasing internet and communication service applications, bundled
internet plans, and improved connection across both urban and rural parts of
India.
A connection made of wires is referred to as
"wired broadband." These cables can be manufactured in twisted pair,
copper, or fiber optic materials. Different electrical signals can be
transmitted from one end to the other via a connected interface. Broadband
internet services are utilized for digital games, Internet TV, smart home
applications, remote online education, virtual private LAN services, and voice
over IP (VoIP).
Adoption of OTT Platform
& E-Commerce
The key reasons driving
the growth of the India wired broadband market in the forecast period include
the rapid expansion of the e-commerce industry and increased online
entertainment spending. As the e-commerce sector is expanding in
India, the wired broadband market is expected to rise.
The global pandemic has changed the media
consumption behavior of Indian audiences. Consumers are adopting OTT platforms,
resulting in increased demand and share of Netflix and Amazon Prime in India.
Contrary, domestic providers like Hot Spot and JIO Cinema are also making
significant progress. In India, there are already more than 45
million OTT subscribers. By the end of 2023, this number is expected to reach
50 million. Due to the rising OTT platform usage, the market
is expected to witness increased demand of wired broadband connections.
The COVID-19 epidemic
substantially increased the need for wired broadband services due to the rising
demand for digital platforms as businesses everywhere around India started
operations in hybrid mode. A lot of organizations are switching to digital media
for continuing corporate operations. The Telecom Regulatory
Authority of India (TRAI) predicts that the growth of Internet and
communication service applications, particularly after COVID-19, would continue
to boost the Indian market for wired broadband.
Rising Fiber to Home Connectivity and 5G Connection in
India
The latest trend in the
market is that companies are focusing on deploying optical fiber networks to
provide high-speed broadband services to their users. Fiber optics enables
the transmission of high-speed data across long distances. As compared to
ordinary cables, fiber-optic lines offer a higher bandwidth and can transport
data across long distances. Fiber-optic connections are used extensively in
India for telephone and cable television services. According to an India Data
study, by 2023, the Indian government aims to have optical fiber connectivity
deployed in 600,000 villages as part of its "ambitious" "Digital
India Mission" initiative. Owing to this, market is anticipated to witness
double digit grow in the upcoming years.
Users now require more
high-speed data to use online platforms as they embrace high-speed internet
access and the work-from-home initiative. Players in the market are launching 5G
rollout plan. For instance, as per Reliance Jio's shared 5G rollout plan,
the Mukesh Ambani-led telecom operator plans to roll out the services across
India by the end of 2023.
The government announced the ambitious
National Internet Mission, which would require stakeholder investment of (USD
85589.07 million) INR 7 lakh crore over the next several years. The government,
in November 2022, promised broadband connectivity in the rural area. As the
administration of India promises to give high-speed connectivity in rural areas,
the wired broadband market is expected to grow.
Restraining Factors
Since the introduction of
wireless mobile internet connectivity, particularly 4G, and competitive prices,
there has been less growth in number of wired broadband connections. Customers believe
that inexpensive mobile Internet, even with daily data caps, is a better deal.
All these factors are restricting the market's expansion in the anticipated
period as people are shifting to 5G networks now since they are more practical
and user-friendly.
Download Free Sample Report
Market Segmentation
The India Wired Broadband Market is segmented into type, application, and speed.
Based on Type, the market is segmented into Digital Subscriber
Line (DSL), Coaxial Cable, and Fiber to the Home (FTTH). Based on application, the market is
divided into residential, Commercial, Industrial. Based on speed, the market is
divided Upto 1 Mbps, 2-8 Mbps, 9-40 Mbps, 40-100 Mbps and above 100 Mbps.
Market player
The leading market players
in the India Wired Broadband Market include Bharat Sanchar Nigam Limited, Reliance Jio Infocomm Limited, Bharti Airtel Private Limited, Asianet Satellite Communications
Private Limited, Hathway Cable and
Datacom Limited, Atria Convergence Technologies Limited, Vodafone Idea Limited,
Siti Networks Limited, Excitel Broadband Private Limited, Shyam Spectra Private
Limited.
Recent Developments
In March 2021, Advanced Television Systems Committee
(ATSC) and Telecommunications Standards Development Society, India (TSDSI)
signed a deal to boost adoption of ATSC standards in India in order to make
broadcast services available on mobile devices. This allows the TSDSI to follow
ATSC standards, fostering global digital broadcasting standard harmonization.
NXP Layerscape Processor have been used by Jio Platforms
to construct new 5G NR O-RAN small cells. Offering cutting-edge radio devices
that are 3GPP and O-RAN compatible is the aim of collaboration. Solution
provides performance for Industry 4.0, broadband connectivity, and other
applications.
|
Attribute
|
Details
|
|
Market Size (2022)
|
USD 503.34 Million, CAGR 15.43% in
forecast Period
|
|
Base Year
|
2021
|
|
Historic Data
|
2018– 2021
|
|
Estimated Year
|
2022
|
|
Forecast Period
|
2022 – 2028
|
|
Quantitative Units
|
Revenue
in USD Million and CAGR for 2018-2022 and 2023-2028
|
|
Report coverage
|
Revenue forecast, company share, growth
factors, and trends
|
|
Segments covered
|
Type
Speed
Application
|
|
Regional scope
|
North, West, South,
East
|
|
Key companies profiled
|
Bharat
Sanchar Nigam Limited, Reliance Jio Infocomm Limited, Bharti Airtel Private Limited,
Asianet Satellite Communications Private Limited, Hathway Cable and Datacom
Limited, Atria Convergence Technologies Limited, Vodafone Idea Limited, Siti
Networks Limited, Excitel Broadband Private Limited, Shyam Spectra Private
Limited
|
|
Customization scope
|
10% free report customization with
purchase. Addition or alteration to country, regional & segment scope.
|
|
Pricing and purchase options
|
Avail customized
purchase options to meet your exact research needs. Explore purchase options
|
|
Delivery Format
|
PDF and Excel through Email (We can
also provide the editable version of the report in PPT/Word format on special
request)
|
Report Scope:
In this report, India
Wired Broadband Market has been segmented into the following
categories, in addition to the industry trends which have also been detailed below:
·
India Wired Broadband Market, By
Blockchain Type:
o
Digital Subscriber Line (DSL)
o
Coaxial Cable
o
Fiber to the Home (FTTH)
·
India Wired Broadband Market, By Speed:
o
Residential
o
Commercial
o
Industrial
·
India Wired Broadband Market,
By Application:
o Up to 1
Mbps
o 2-8 Mbps
o 9-40
Mbps
o 40-100
Mbps
o Above
100 Mbps
·
India Wired Broadband Market, By
Region:
o North
o West
o South
o East
Competitive Landscape
Company
Profiles: Detailed analysis of the major companies present in the India Wired
Broadband Market.
Available
Customizations:
India
Wired Broadband Market report with the given market data,
Tech Sci Research offers customizations according to a company's specific
needs. The following customization options are available for the report:
Company
Information
- Detailed analysis and profiling of
additional market players (up to five).