Press release
Dark Fiber Market to Exhibit a Remarkable CAGR of 11.0% by 2030 | Industry Trends, Strategies, Size, Share and Regional & Global Analysis
According to the most recent analysis by Emergen Research, the size of the worldwide Dark Fiber market is anticipated to reach USD 13.0 billion in 2030, growing at a constant revenue CAGR of 11.0%. The term "Dark Fiber market" describes the practise of using idle or unlit fiber-optic cables for communication. Usually, companies or service providers who want to establish their own private networks or give connectivity to their clients lease or buy these fibres. The market for Dark Fiber has been expanding gradually over the years, propelled by a number of factors including the increased need for cloud-based services, the necessity for secure data transmission, and the rising desire for high-speed internet connectivity.The rising need for high-speed internet connectivity is one of the key factors driving the Dark Fiber market. There is a demand for faster and more dependable internet connections as the use of bandwidth-intensive applications like video streaming, cloud computing, and IoT devices grows. The infrastructure needed to create high-speed networks that can satisfy these needs is provided by Dark Fiber.
The demand for secure data transfer is another factor driving the Dark Fiber market. Because they are not shared with other users, Dark Fiber networks are fundamentally safer than standard networks. They are therefore perfect for companies and other organisations that deal with sensitive information and need high levels of protection.
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The Dark Fiber market does, however, face a number of obstacles and limitations. The expensive initial cost of establishing Dark Fiber networks is one of the major issues. Since installing a black fibre network might be costly, many service providers might not be able to afford to do so.
The market for Dark Fiber is also constrained by the restricted supply of Dark Fiber in some areas. Dark Fiber networks may not exist or may only be controlled by one provider in some regions, making it challenging for new competitors to enter the market.
Despite these obstacles, the Dark Fiber market is being driven by a number of growth factors. The growing use of cloud-based services is one of the main development drivers. Dark Fiber networks can offer the high-speed, dependable, and secure connectivity that is required as more companies and organisations transfer their activities to the cloud.
In the upcoming years, the demand for Dark Fiber is anticipated to climb dramatically due to factors including the rise of 5G technology, the increased use of cloud-based services, and the requirement for secure data transfer, according to a report by the US Department of Commerce.
Major Companies and Competitive Landscape:
Some major companies in the global market report include AT&T Intellectual Property, Verizon, CenturyLink, Consolidated Communications, GTT Communications, Inc., Comcast Corporation, Colt Technology Services Group Limited, NTT Communications Corporation, Windstream Intellectual Property Services, LLC, and Zayo Group, LLC
In recent years, there has also been a trend towards consolidation in the dark fiber market, with larger providers acquiring smaller players to expand their network footprint and improve their market share. For example, in 2017, Zayo Group acquired Electric Lightwave to expand its fiber footprint in the western United States.
In addition to traditional telecommunications companies, there are also a number of newer players in the dark fiber market, such as Google Fiber and Microsoft Azure. These companies are leveraging their expertise in cloud computing to offer high-speed connectivity and dark fiber solutions to their customers.
Another trend in the dark fiber market is the rise of regional and local players. These companies typically focus on providing dark fiber solutions to businesses and organizations in their local area and have a deep understanding of the local market dynamics.
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Segmentation Insights for Dark Fiber Market Report:
The global dark fiber market has been segmented by Emergen Research based on type, network type, end-use, and region. The type segment includes single-mode fiber, multimode fiber, step-index multimode fiber, and graded-index multimode fiber. Single-mode fiber is expected to hold a significant share of the market during the forecast period, owing to its high bandwidth capacity and low attenuation.
The network type segment of the dark fiber market has been segmented into metro and long haul networks. The metro network segment is expected to dominate the market, as it is used to connect different locations within a city or metropolitan area.
Based on end-use, the dark fiber market has been segmented into internet service providers (ISPs) and the telecommunications industry, BFSI industry, IT-enabled services, military and aerospace industry, oil and gas industry, healthcare industry, railway industry, and others. The ISPs and telecommunications industry segment is expected to hold a significant share of the market, owing to the increasing demand for high-speed internet connectivity.
The BFSI industry segment is also expected to grow significantly, owing to the increasing adoption of digital banking and the need for secure data transmission. The healthcare industry segment is also expected to grow at a significant rate, owing to the increasing use of telemedicine and the need for high-speed connectivity in medical facilities.
Lastly, the report provides a regional outlook for the global Dark Fiber Market, which includes North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The report highlights several countries within each region, such as the U.S., Canada, Germany, the U.K., China, India, Brazil, and Saudi Arabia, among others.
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