India Fiber Optic Components Market to Grow at 10% until 2025
Increasing investments in
data centers and rising adoption of optical fiber network for FTTH (Fiber to
the home) connectivity to propel India fiber optic components market through
2025
According to
TechSci Research report, “India Fiber Optic Components Market By Type, By Data Rate, By
Application, By Region, Competition, Forecast & Opportunities, 2025”, India fiber optic components market is projected to grow
at a CAGR of more than 10% during 2020 – 2025 on account of rising demand for
cloud computing and increasing demand
for data centres due to data localization policy. Furthermore, favorable government
initiatives and growing mobile device penetration are also expected to positively
influence the country’s fiber optic components market during the forecast
period.
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on "India Fiber Optic Components Market "
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India fiber
optic components market can be segmented based on type, data rate, application and
region. In terms of type, the market can be bifurcated into fiber optic cables,
fiber optic splitters, fiber optic transceivers, fiber optic amplifiers, fiber
optic circulators, fiber optic connectors & others. Fiber optic cable is the leading
segment and is expected to hold its position throughout the forecast period as
fiber optic cable is an integral part of fiber optic infrastructure and rising
adoption of optical fiber cables for Fiber to the Home (FTTH) connectivity has
picked up the pace in India over the last five years.
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Sterlite Technologies Limited,
Amphenol Interconnect India Pvt Ltd., Ciena India Pvt Ltd, Corning Technologies
India Private Limited and ARRIS Group are some of the leading players operating
in India fiber optic components market. “West region accounts for largest share in India fiber
optic components market and the region is expected to continue its dominance
during forecast period as well on account of a large and increasing number of
data centers in the country’s west region, especially in Gujarat and
Maharashtra. Moreover, surging investments and presence of leading players in
the region is further expected to bolster the growth of fiber optic components
market in the west region over the course of next five years.” said Mr. Karan
Chechi, Research Director with TechSci Research, a research based India
management consulting firm.
“India Fiber Optic Components Market By
Component, By Type, By Data Rate, By Application, By Region, Competition,
Forecast & Opportunities, 2024” has evaluated
the future growth potential of India fiber optic components 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 take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges and opportunities in India Fiber Optic Components market.
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