Global Fiber Optics Market, Market Forecast, Market Trend, Market Research and Opportunity, Market Study, Size and Share – 2014-2027

Overview:

The developing significance of cloud computing, storage & data transfer and IoT is driving the utilization of Internet, which is driving the fiber optics showcase market, as it goes about as the spine for data transmission. The interest for the Internet is likewise determined by a few different considers, for example, the increment in the quantity of connected devices in homes, increment in the interest for Over-The-Top (OTT) video content, and the expanding Internet access. Every one of these variables has prompted an increase in Internet users, which thus has prompted the higher utilization of optical fiber cable to exchange data over the Internet, hence driving the fiber optics showcase market. The fiber optics market is fragmented by application, optical fiber type, cable type, and region. Cable type is further sub-segmented into two types, namely, single mode and multi-mode. Optical fiber type is further sub-segmented into two types, namely, glass optical fiber and plastic optics fiber. The global fiber optics market is expected to grow at a CAGR of 10.2% during the analysis period, 2017-2027.

Drivers:  A) Growing FTTX

                B) Increasing Demand for the Internet

Restraints: Wireless CommunicationSystems

Investment:

With daily increasing subscriber base, there have been a lot of investments and developments in the sector. The industry has attracted FDI worth US$ 23.95 billion during the period April 2000 to March 2017, according to the data released by Department of Industrial Policy and Promotion (DIPP).

Some of the major developments in the recent past are:

• Reliance Industries Limited plans to invest an additional sum of Rs 18,000 crore (US$ 2.79 billion) during April-June 2017 on its telecom arm, Reliance Jio, to expand its fibre network, thereby raising the total amount invested in the business to more than Rs 1.9 trillion (US$ 29.50 billion).
• Nettle Infrastructure Investment Ltd, a wholly-owned subsidiary of Bharti Airtel, plans to acquire 21.63 per cent stake in Bharti Infratel Ltd for an estimated sum of Rs 12,400 crore (US$ 1.93 billion).
• Bharti Airtel Ltd, India's largest telecom operator, has decided to buy Tikona Digital Networks Pvt Ltd’s 4G business for approximately Rs 1,600 crore (US$ 248.43 million), which includes its broadband wireless access spectrum as well as 350 cellular sites in five telecom circles.
• Bharti Airtel will buy Telenor's India operations in seven circles to receive 43.5 megahertz (MHz) spectrum in the 1800 MHz band.
• Apple plans to produce iPhone SE at an upcoming facility in Bengaluru, owned by its partner Wistron.
• Ortel Communications, Odisha’s largest multi-system operator, plans to invest around Rs 300 crore (US$ 45 million) over the next two years, for upgrading its infrastructure, along with strengthening its reach, efficiency and competitiveness in the market.
• Reliance Communications Limited (RCom) has signed a binding agreement with Brookfield Infrastructure Partners to sell a 51 per cent stake in Reliance Infratel, RCom’s tower unit, for Rs 11,000 crore (US$ 1.65 billion).
• Private equity giant KKR & Co LP and pension giant Canada Pension Plan Investment Board (CPPIB) are in talks to acquire a significant stake in Bharti Infratel, which is expected at around US$ 4 billion.
• Chinese smartphone manufacturers, Oppo and Vivo, have both planned to invest in setting up large scale manufacturing capacity in the state of Uttar Pradesh in India, with an aggregate investment size of Rs 4,000 crore (US$ 600 million).
• Samsung India has expanded its service network to over 6,000 talukas across 29 states and seven union territories in India, by introducing over 535 service vans equipped with engineers, key components, diesel generator (DG) sets and key equipment, for providing quick response and on-spot resolution.