Dark Fiber Network Market Size, Share & Trends Analysis Report 2022-2030
Dark Fiber Network Industry Overview
The global dark fiber market size is predicted to attain USD 13.45 billion by 2030, according to a new report by Grand View Research, Inc. It is anticipated to progress at a CAGR of 11.9% from 2022 to 2030. Dark fiber has emerged as a sustainable solution for various organizations that are focusing on enhanced communication and network management. Continuously increasing penetration of internet services over the period has paved the way for the high demand for internet bandwidth. This demand is expected to remain rampant over the forecast period. This is the most significant factor responsible for market growth across the globe. The market is strongly supported by companies with a high reliance on internet connectivity. These networks are highly beneficial for organizations with a high volume of data flow in their operation. These benefits include reduced network latency, scalability, reliability, and enhanced security.
In fiber-optic communications, fiber optic cables that are not yet put in service by a provider or carrier, are termed dark fiber or unlit fiber. Network communications and telecom usually use the network, and currently, there are lots of dark fiber cables across the globe. In regular fiber networks, information is sent through the cables in light pulses. Whereas dark fiber networks are known to be ‘dark’ as no light or data is transmitted from them.
Dark Fiber Network Market Segmentation
Grand View Research has segmented the global dark fiber network market based on fiber type, network type, application, and region:
Based on the Fiber Type Insights, the market is segmented into Single Mode, and Multi-mode.
- The multi-mode segment led the market in terms of revenue and held around 62% of the total market share. It is also expected to continue leading the market over the forecast period. This type is best suited for short transmission distances. It is mainly used in video surveillance and Local-area Network (LAN) systems. Single-mode fiber, on the other hand, is best suited for longer transmission distances. It is mainly used in multi-channel television broadcast systems and long-distance telephony.
- The single-mode segment is anticipated to witness considerable growth over the projected period. This product type is used for long-distance installations ranging from 2 meters to 10,000 meters. It offers lower power loss in comparison to multi-mode. However, it is costlier than multi-mode fibers.
Based on the Network Type Insights, the market is segmented into Metro, and Long-haul.
- Long-haul fiber is expected to show a high growth rate of 12.8% during the forecast period 2022-2030. The segment continues to gather pace due to its capacity to connect over large distances at low signal intensity. Such long-haul terrestrial networks are widely applied in undersea cabling across long oceanic distances, thus attracting the participation of several organizations in terms of investments.
Based on the Application Insights, the market is segmented into Telecom, Oil & Gas, Military & Aerospace, BFSI, Medical, Railway, and Others.
- The telecommunication segment dominated the market with a share of 42.6% in 2021 and is anticipated to retain its dominance in terms of market size by 2030. Telecommunication is anticipated to present promising growth prospects due to the growing adoption of the 5G technology in communication and data transmission services. Dark fiber enables high-speed data transfer services in both small and long-range communications. Furthermore, increasing cloud-based applications, audio-video services, and Video-on-Demand (VoD) services stimulate demand.
- Medical and military and aerospace application segments are poised to witness significant growth, attributed to the increasing adoption of optic technology devices. Stringent regulations and standards imposed by the regulatory authorities and medical associations are further fueling the market to flourish in the medical sector, eventually driving the overall growth.
Dark Fiber Network Regional Outlook
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa (MEA)
Key Companies Profile & Market Share Insights
The market participants adopt various strategies, such as mergers and acquisitions, product developments, collaborations, partnerships, and expansions, to cater to customer demands. For instance, in 2021, Colt Technology Services announced a contract of 25-years with the Getlink, to install Colt IQ Network through the Getlink’s Channel Tunnel that will allow the transfer of data in Tbps per fiber. Some of the prominent players operating in the global dark fiber network market are:
- AT&T Intellectual Property
- Colt Technology Services Group Limited
- Comcast, Consolidated Communications
- GTT Communications, Inc.
- Level 3 Communications, Inc. (CenturyLink, Inc.)
- NTT Communications Corporation
- Verizon Communications, Inc.
- Windstream Communications
- Zayo Group, LLC
Order a free sample PDF of the Dark Fiber Network Market Intelligence Study, published by Grand View Research.
About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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