Dark Fiber Market is projected to reach USD 8.7 billion by 2026 | Key Players- AT&T Intellectual Property (US), Colt Technology Services Group Limited (UK), Comcast Corporation (US), Consolidated Communications (US), GTT Communications, Inc. (US), Century

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Key Players: AT&T Intellectual Property (US), Colt Technology Services Group Limited (UK), Comcast Corporation (US), Consolidated Communications (US), GTT Communications, Inc. (US), CenturyLink, Inc. (US), NTT Communications Corporation (Japan), Verizon Communications, Inc. (US), Windstream Communications (US), and Zayo Group, LLC (US), are some of the key players in the dark fiber market.

Rising demand for 5G networks and increasing demand for internet bandwidth drive the growth of the dark fiber market.”

The dark fiber market size is projected to reach USD 8.7 billion by 2026 from an estimated USD 5.2 billion in 2021, at a CAGR of 11.0% from 2021 to 2026. Rising demand for 5G networks and increasing demand for internet bandwidth is among the factors driving the growth of the dark fiber market.

“Single mode fiber segment held the major share of dark fiber market”

Based on type, the single mode fiber segment is estimated to hold a larger share of the dark fiber market compared to the multimode fiber segment in 2021, and this segment will continue to hold a dominant market position during the forecast period. Single mode fibers are best suited for longer transmission distances, such as multi-channel television broadcast systems and long-distance telephony.

“Internet service providers (ISPs) and telecommunications industry to register highest CAGR from 2021-2026”

Internet service providers (ISPs) and telecommunications industry is projected to lead the dark fiber market during the forecast period. The growth of this segment can be attributed to the ongoing adoption of cloud storage and increasing technological developments in the field of machine learning, artificial intelligence, and deep learning. This, in turn, increases data traffic across networks, leading to significant demand for high data transmission along with efficient data communication. Leading cloud service providers, such as Google, Amazon, and Microsoft, are implementing dark fibers to serve their internet traffic.

“Based on region, North America held the major share of dark fiber market.”

North America is estimated to account for the largest share of the overall dark fiber market in 2021. The market growth in North America can be attributed to the presence of leading dark fiber ecosystem players, such as AT&T Intellectual Property, GTT Communications, Inc., and Consolidated Communications, in the region. These players have been capturing a major share in the overall dark fiber market, thereby contributing significantly to the market growth in North America.

In-depth interviews have been conducted with chief executive officers (CEOs), marketing managers, and other executives from various key organizations operating in the Dark fiber marketplace.

Research Coverage

The report defines, describes, and forecasts the dark fiber market based on type, network type, material, end user, and region. It provides detailed information regarding factors such as drivers, restraints, opportunities, and challenges influencing the growth of the dark fiber market. It also analyzes product & service launches and developments, expansions, agreements, collaborations, acquisitions, and partnerships carried out by the key players to grow in the market.

Key Benefits of Buying the Report

This report will help market leaders/new entrants in this industry with information on the closest approximations of the revenue numbers for the overall dark fiber market and the sub segments. The report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report will also help stakeholders to understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.

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This release was published on openPR.