A few days ago, the world-renowned market research website "Research and Markets" (Research and Markets) released the "2020 India Optical Fiber Cable Market Forecast Report".

　　According to the report, by 2022, the Indian fiber optic cable market is expected to exceed 424 million US dollars (about 2.63 billion yuan).

　　National interconnection projects initiated by the Indian government, such as the national fibre network, the national fibre spectrum and the expected 4G deployment are all set to boost data transmission capacity, so fibre cable infrastructure expansion is critical to support planned network expansion. Additionally, next-generation technologies such as LTE (Long Term Evolution) and fiber access requiring last mile connectivity will also boost the demand for fiber optic cables in the coming years.

　　The Indian fiber optic cable market is expected to witness strong growth over the next five years due to the expansion of telecom infrastructure across the country. As the second largest telecommunications market in the world, India exhibits high capacity data communications due to the increasing penetration of smartphones and growing demand for broadband services, thereby creating a huge demand for fiber optic cable facilities. Users are also increasingly turning to Internet-driven applications such as high-definition television, video-on-demand, and high-speed file sharing.

　　In response to the surging demand for high-speed data transmission, both the Indian government and telecom giants are investing physical capital to upgrade the country's telecom infrastructure. Existing copper cabling networks are being overhauled using advanced fiber optic technology. All these factors are strongly driving the growth of the Indian fiber optic cable market.

　　With the widespread popularity of optical fibers, there will be a greater demand for corresponding connection and transmission optical devices, optical modules, optical transceivers, optical transceivers, switches, etc. Can domestic optical device manufacturers get a share of the pie?