The telecom cable market in India is expected to reach $354 million by 2019.
Out of Polyethylene Insulated Jelly Filled (PIJF) cable, Optical Fiber cable, and Community Access TV (CATV) cable segments, Optical Fiber cables dominated the market with majority revenue share.
The Optical Fiber cables market is expected to dominate due to rising demand for high speed data transmission services.
Reportbuyer .com has listed the cable market report.
The press release does not talk about the growth percentage and the size of the cable market in the previous years.
North India is the leading market for telecom cables with major revenues being generated from states of Delhi, Haryana, and Punjab due to increasing demand for high speed internet and other voice services.
Leading telecom cable vendors are Sterlite, Finolex Cables and Aksh Optifiber.
3G and 4G networks will further drive the Indian cable market.
This apart, the National Optic Fiber Network (NOFN) project that will connect 250,000 Panchayats in India will also be a growth driver.