The Indian optical interconnect market is projected to grow at a significant CAGR of around 12.4% during the forecast period (2021-2027). The rising telecom sector in the country act as a catalyst in the Indian optical interconnect market. Various telecom companies present in the country are advancing their communication infrastructure by using optical encrypted technology. For instance, Airtel network provides service to mobile subscribers of more than 280 million across 2G and 4G technologies announced its partnership with Cisco to introduce India’s largest 5G-ready, 100G internet protocol (IP) in March 2020. This new IP over Ethernet over Fiber network is regarded as the major hyper-complex brownfield network transformation in the country.
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This IP technology combines Cisco optical and IP solutions along with segment routing to simply expand services in rural areas while considerably creating cost-effectiveness and increase network availability. This is an Airtel initiative for building a 5G ready network that aims to constantly serve the emerging need for high-speed data services in India. Increasing data traffic and internet users in the country will likely have a positive impact on the adoption of optical interconnect by telecom firms, as it increases the throughput and bandwidth usage to support all the internet services. Therefore, these initiatives by the telecom operators to enhanced communication infrastructure further provide a significant opportunity to the market.
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Indian Optical Interconnect Market – Segmentation
By Product Type
· Connectors
· Cable Assemblies
· Optical Transceivers
· Silicon Photonics
· Other (Optical Engines)
By Application
· Data Communication
· Telecommunication
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
