January 19, 2015
The OFC market in India is projected to reach USD 424 million by 2020 on account of growing adoption of smartphones, broadband services, and upcoming 4G rollout, says a report by TechSci Research. Indian consumers are increasingly shifting towards internet driven applications such as video on demand, HDTV, etc., which is boosting investments towards OFC network expansion throughout the country. In comparison to copper cables, OFC technology delivers much higher bandwidth, which has become extremely vital for supporting burgeoning data traffic.
A huge number of working class population in India own high-end smartphones supporting various technologies such as Wi-Fi, 3G, etc. This class of consumers, in particular, is boosting the demand for on-the-go high speed data services. As a result, the government of India has announced various projects to build and strengthen OFC network for addressing the country’s increasing data transmission requirements. In addition, digitization of cable TV network has been mandated in the country, which is further propelling the demand for OFC network. Currently, the major users of OFCs include telecom service providers, internet service providers, multiple system operators, Cable TV operators, defense agencies and PSUs among others.