Global Dark Fiber Market Size By Fiber Type (Single-Mode, Multi-Mode), By Network Type (Metro Dark, Long-Haul), By Application (BFSI, Internet Service Provider (ISPs)), By Geographic Scope And Forecast
Published on: 2024-08-08 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global Dark Fiber Market Size By Fiber Type (Single-Mode, Multi-Mode), By Network Type (Metro Dark, Long-Haul), By Application (BFSI, Internet Service Provider (ISPs)), By Geographic Scope And Forecast
Dark Fiber Market Size And Forecast
Dark Fiber Market size was valued at USD 5.0 Billion in 2024 and is projected to reach USD 12.81 Billion by 2031, growing at a CAGR of 14.39% during the forecast period 2024-2031.
The factor driving the market growth is the rising inclination toward enhanced communication and network management and the growing penetration of internet services. The Global Dark Fiber Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Dark Fiber Market Definition
Dark fiber is a new optical fiber used in telecom and network communications. It is called dark because no light pulses are transmitted through it. There are many ways to assemble a dark fiber network. The point-to-point or point-to-multipoint configurations are the most common ways to set up. In contrast, dense wavelength division multiplexing (DWDM) is an essential factor in the development and improvement of dark fiber. It helps scalability, reduced network latency, and improves security and reliability. Several big companies and organizations obtain benefits such as network speed and autonomy over their network. These fibers are predominately used in telecommunication, IT, ITES, and BFSI. Also, it has had vast applications in the automotive, healthcare, and aerospace industry.
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Global Dark Fiber Market Overview
Increased demand for internet bandwidth with growing penetration of internet services is an essential driver for the Global Dark Fiber Market. Companies are reliant on internet connectivity more than ever. Dark fiber technology has emerged as a sustainable solution, offering enhanced communication and network management. Another major factor propelling the growth in the Global Dark Fiber Market is the increased demand for the 5G network and cloud-based offerings. Other important drivers are the advantages offered by dark fiber, such as improved flexibility and scalability, better performance, reduced latency, and enhanced security.
The increasing demand for mobile data and the launch of 5G services are expected to provide new profitable opportunities leading to the rapid growth of the Dark Fiber Market. Due to this, internet service providers and telecommunication companies are now buying the available dark fiber and working on creating their future-proof networks. Other opportunities lie in the rising popularity of Video-on-Demand services, growing handheld device user audience, and norms for cable operators regarding mandatory conversion to HD video quality. Thus, there are ample growth opportunities for the market. However, there are some restraints like the high prices of dark fiber network installation, the problem of breaches & interception, and the need for frequent upgrades.
Global Dark Fiber MarketSegmentation Analysis
The Global Dark Fiber Market is Segmented on the basis of Fiber Type, Network Type, Application, And Geography.
Dark Fiber Market, By Fiber Type
- Single-Mode
- Multi-Mode
Based on Fiber Type, The market is bifurcated into Single-Mode and Multi-Mode. The Single-Mode segment is the dominant segment having a larger market share. The reason for the larger market share is that single losses in Single Mode Dark Fiber are lesser as compared to Multi-Mode Fiber and another factor is a growing demand for high-speed and high-bandwidth internet connectivity
Dark Fiber Market, By Network Type
- Metro Dark
- Long-Haul
Based on Network Type, The market is bifurcated into Metro Dark and Long-Haul. The Long-Haul segment is the dominant region as Long-Haul Fiber can carry a huge load of data with security and reliability. Due to this security and reliability, Long-Haul has many applications in the military and aerospace industry, ISPS, and telecom industry. Long-Haul has many advantages as it uses minimum repeaters and maintains data strength and it is very cost-effective.
Dark Fiber Market, By Application
- BFSI
- Internet Service Provider (ISPs)
- Telecom
- Healthcare
- Others
Based on Application, The market is bifurcated into BFSI, Internet Service Provider (ISPs), Telecom, Healthcare, and Others. ISPs and telecom are the dominant segments due to the increase in demand for 5g networks worldwide and increasing demand for high speed, large bandwidth, reliable and secure networks.
Dark Fiber Market, By Geography
- North America
- Europe
- Asia Pacific
- Rest of the world
On the basis of Regional Analysis, The Global Dark Fiber Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. North America is expected to account for the largest share of the Dark Fiber Market by 2026. The region is likely to dominate the market due to the high demand for fiber networks in ISPs and the telecommunications industry, the BFSI industry, IT-enabled services, and the military and aerospace industry.
Key Players
The “Global Dark Fiber Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are AT&T Intellectual Property, Verizon Communications Inc, NTT Data Corporation, Comcast Corporation, Consolidate Communications Holdings Inc, Colt Technology Services Group Limited, Windstream Holdings Inc, Lumen Technologies, GTT Communications Inc, CenturyLink Inc. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2021-2031 |
BASE YEAR | 2024 |
FORECAST PERIOD | 2024-2031 |
HISTORICAL PERIOD | 2021-2023 |
UNIT | Value (USD Billion) |
KEY COMPANIES PROFILED | AT&T Intellectual Property, Verizon Communications Inc, NTT Data Corporation, Comcast Corporation, Consolidate Communications Holdings Inc. |
SEGMENTS COVERED | By Fiber Type, By Network Type, By Application, And By Geography. |
CUSTOMIZATION SCOPE | Free report customization (equivalent to up to 4 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Research Methodology of Market Research
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
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