The size of the Indian optical fiber cables (OFC) market will be $424 million by 2020, said TechSci Research.
The rapidly growing adoption of smartphones, broadband services and upcoming 4G rollouts will drive the OFC market.
Currently, Bharti Airel and Reliance Jio Infocomm are in the process of rolling out 4G network. Bharti Airtel is the first Indian telecoms to launch 4G services in India.
Telecoms are investing in OFC because Indian consumers are increasingly shifting towards internet driven applications such as video on demand, HDTV, etc., As compared with copper cables, OFC offers better bandwidth and can support data traffic.
Digitization of cable TV network is also fuelling the demand for OFC network. Main users of OFCs include telecom service providers, internet service providers, multiple system operators, cable TV operators, defense agencies and PSUs, among others.
“National Optic Fiber Network (NOFN) to connect Gram Panchayats in rural pockets India is expected to be one of the major drivers for OFC installations in India over the next five years,” said Karan Chechi, research director with TechSci Research.
Recently, NOFN has completed its broadband network in Idukki district of Kerala.
Baburajan K
editor@telecomlead.com
