"Grand View Research, Inc. – Market Research And Consulting."According to a new report published by Grand View Research, The technology 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.Dark Fiber Network Market Growth & Trends
The global dark fiber network market size is estimated to reach USD 10.05 billion by 2028, according to the new report by Grand View Research, Inc. It is projected to expand at a CAGR of 9.3% from 2021 to 2028. 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 as 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.
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Dark fiber networks are not just used for business purposes but can be installed beneath land and oceans. Some of the interesting use cases of dark fiber include earthquake research and monitoring permafrost. Amongst many advantages, some of the disadvantages of the dark fiber network include high initial cost and loss of time in setting up your infrastructure, and high repairing and maintenance costs. Similarly, large dark fiber networks are currently available in metropolitan cities only and are yet to become available in small cities and towns.
Dark Fiber Network Market Report Highlights
- The significant benefits of DWDM include an increase in bandwidth of the optical fiber, high-quality internet performance, lightning-fast internet, and secure and powerful network
- Telecommunication is anticipated to present promising growth prospects due to the growing adoption of the 5G technology in communication and data transmission services
- Medical and military and aerospace application segments are poised to witness significant growth, attributed to the increasing adoption of optic technology devices
- Asia Pacific is expected to witness the fastest growth owing to technological advancements and large-scale adoption of the technology in the IT and telecommunication and administrative sectors
- The key market players include AT&T, Inc.; Colt Group SA; Comcast Corporation; Consolidated Communications; Interoute Communications Ltd.; Level 3 Communications, Inc. (CenturyLink, Inc.); NTT Communications; and Verizon Communications, Inc.
- The report provides lease pricing estimations for the year 2020 for both metro and non-metro regions for prominent countries. These price estimations are provided for various dark fiber distance brackets
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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:
Dark Fiber Network Fiber Type Outlook (Revenue, USD Million, 2017 - 2028)
- Single Mode
- Multi-mode
Dark Fiber Network Type Outlook (Revenue, USD Million, 2017 - 2028)
- Metro
- Long-haul
Dark Fiber Network Application Outlook (Revenue, USD Million, 2017 - 2028)
- Telecom
- Oil & Gas
- Military & Aerospace
- BFSI
- Medical
- Railway
- Others
Dark Fiber Network Regional Outlook (Revenue, USD Million, 2017 - 2028)
- North America
- U.S.
- Canada
- Mexico
- Europe
- U.K.
- Germany
- France
- Asia Pacific
- China
- Japan
- India
- Australia
- South America
- Brazil
- Middle East & Africa
List of the Key Players in the Dark Fiber Network Market
- 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
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