Dark Fiber Market is projected to grow at a significant CAGR of 11.4% during 2022-2029, reaching USD 12.6 billion | Size, Share, Trends & Forecast

Dark Fiber Market generated a revenue of USD 5.3 billion in 2021, and forecast to touch USD 12.6 billion in 2029, growing at a significant CAGR of 11.4% from 2022-2029.

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The factors driving the growth of Dark Fiber Market includes growing demand for high-speed internet services by corporates, businesses, and enterprises, roll-out of 5G services, increasing volumes of data generated around the world and rising application of dark fiber in medical and manufacturing sector. Moreover, technological advancements in dark fiber solutions, increase in Governments spending worldwide on enhancing the security infrastructure, expansion of the IT and Telecom sector, improvements in the living standards and rapid urbanization, are some of the additional factors supplementing the market growth. As per the Dark Fiber Market Trend, the increasing investments by major corporations on research and development, rise in the launch of new products, strategic mergers and alliances between companies and growing population growth rates, are further contributing towards the market growth.

However, growth of the Dark Fiber Market is hindered due to risks associated with the installation of dark fiber.

The leading players operating in the market are Consolidated Communications, GTT Communications, Inc., CenturyLink., AT&T Intellectual Property., Colt Technology Services Group Limited, Comcast, Zayo Group, LLC, NTT Communications Corporation, Verizon and Windstream Intellectual Property Services, LLC, among others.

Based on Type, the Single Mode Fiber segment is predicted to expand at a significant CAGR during the forecast period

Increasing use of single mode dark fiber for installing 5G networks and growing demand for high-speed internet services, are some of the factors responsible for the segment's growth.

Based on Network Type, the Long Haul segment is projected to hold the highest market share over the forecast period

Increasing installation of long haul dark fiber networks in undersea cabling across at oceanic distances, is the major factors propelling growth of the segment. 

Based on Region, the Asia-Pacific region is anticipated to expand at a remarkable CAGR during the forecast period

According to the Dark Fiber Market Research, increasing demand for high-speed internet services across India, China and Malaysia, growing adoption of advanced technologies in the manufacturing sector, rapid urbanization, rising per capita incomes and high population growth rates, are some of the important factors augmenting the market growth in the Asia-Pacific region. 

Key Developments

In 2020, AT&T Intellectual Property launched three pricing tiers for new AT&T Fiber customers so they can choose which internet speed and price work best for them.
In 2018, Comcast entered into an agreement with Cavern Technologies, to add more competitive data management option to the Kansas City business community. Through this collaboration, Cavern Technologies' customers will benefit from a reliable, high-speed Ethernet Fiber network from Comcast to support their data storage and security needs.

Market Segmentation

Segmentation by Type

Single Mode Fiber
Multimode Fiber
Step-index Multimode Fiber
Graded-index Multimode Fiber

Segmentation by Network Type

Metro
Long Haul

Segmentation by Material

Glass
Plastic

Segmentation by End-user

Internet Service Providers (ISPs) and Telecommunication Industry
BFSI Industry
Military and Aerospace Industry
Oil and Gas Industry
Healthcare Industry
Railway Industry
Others

Segmentation by Region

Asia Pacific
China
Japan
India
Rest of APAC

North America
United States of America
Canada

Europe
United Kingdom
Germany
France
Spain
Rest of Europe

RoW
Brazil
South Africa
Saudi Arabia
UAE

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This release was published on openPR.