Indian optical interconnect market is estimated to grow at a CAGR of around 12.4% during the forecast period. The rising demand for advanced communication technology with high encryption in the telecom sector, the growing number of small and medium enterprises (SME), significant rise in smart city projects are the major factors that contribute to the growth of the Indian optical interconnect market. The increasing focus of the IT and telecom sector towards optical technology is offering considerable opportunities for the growth of the optical encryption market in the country. For instance, in March 2020, Bharti Airtel (Airtel) declared its partnership with Cisco to introduce India’s largest 5G-ready, 100G internet protocol (IP) and optical integrated network which is intended to augment network availability, scale, and capacity. However, the concern related to data management in large enterprises further projected to hinder the market growth during the forecast period.
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The Indian market for optical interconnect is segregated on the basis of product type and application industry. Based on the product type, the market is further classified into connectors, cable assemblies, optical transceivers silicon photonics, and others. The cable assemblies segment is projected to have a considerable share in the Indian market. Based on the application, the Indian optical interconnect market is further segmented into data communication and telecommunication. The data communication segment estimated to have a considerable share in the market owing to the growing number of data centers and rising adoption of big data analytics in small and medium enterprises.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Indian Optical Interconnect Market – Segmentation
By Product Type
- Connectors
- Cable Assemblies
- Optical Transceivers
- Silicon Photonics
- Other( Optical Engines)
By Application
- Data Communication
- Telecommunication
The Report Covers
- Comprehensive research methodology of the Indian optical interconnect market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the Indian optical interconnect market.
- Insights about market determinants which are stimulating the Indian optical interconnect market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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