The global dark fiber network market size was valued at USD 5.14 billion in 2020 and is estimated to reach USD 10.01 billion by 2028, expanding at a CAGR of 9.1 % during the forecast period, 2021–2028. The growth of the market is attributed to the focus on enhanced communication and network management.
Dark fiber is an underutilized optical fiber used in telecom and network communications. It is also referred as dark fiber or unlit fiber. It is named dark as no light pulses can be passed through it. A dark fiber network can be assembled in a variety of ways. The most popular configurations are point-to-multipoint or point-to-point, although dense wavelength division multiplexing (DWDM) is a major factor in the improvement and development of dark fiber.
The COVID-19 outbreak has brought negative impact on the dark fiber network market due to imposed restrictions and enforced lockdowns by respective regulatory bodies, which resulted in disruption in demand and supply chain globally. The market is expected to recover an uptrend operation soon due to subsiding the COVID cases gradually across the globe.
Market Trends, Drivers, Restraints, and Opportunities
- Rising demand for 5G network is expected to boost the market growth in the coming years.
- Increasing focus on outsourcing of network infrastructure is one of the key factors driving the market growth.
- Rapidly expanding telecom industry is anticipated to boost the market expansion during the projected period.
- Risks related to installation of dark fiber network present a major challenge. This is anticipated to hamper the market growth in the projected period.
- Leasing the unused fiber to the end-use industry verticals for their networking needs is projected to create significant growth opportunities for the market in the near future.
Scope of the Report
The report on the global dark fiber network market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
|
Attributes
|
Details
|
|
Report Title
|
Dark Fiber Network Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
|
|
Base Year
|
2020
|
|
Historic Data
|
2018–2019
|
|
Forecast Period
|
2021–2028
|
|
Segmentation
|
Applications (BFSI, Military & Aerospace, Telecom, Oil & Gas, Medical, Railway, and Others), Fiber Types (Multi-mode and Single-mode), and Network (Long-haul and Metro)
|
|
Regional Scope
|
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
|
|
Report Coverage
|
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
|
|
Key Players Covered in the Report
|
Zayo Group, LLC; Consolidated Communications Holdings, Inc.; GTT Communications, Inc.; Windstream Holdings, Inc.; AT&T Intellectual Property; Colt Technology Services Group Ltd.; Comcast Corp.; Level 3 Communications, Inc.; NTT Communications Corp.; and Verizon Communications, Inc.
|
Market Segment Insights
Telecom segment to grow at a rapid pace
Based on applications, the global dark fiber network market is segregated into BFSI, military & aerospace, telecom, oil & gas, medical, railway, and others. The telecom segment is expected to grow at a rapid pace during the forecast period owing to the growing adoption of the 5G technology in data transmission and communication services. However, the military & aerospace segment is anticipated to hold a key share of the market in the coming years due to increasing adoption of optic technology devices.
Multi-mode segment to expand at a considerable CAGR
In terms of fiber types, the market is divided into multi-mode and single-mode. The multi-mode segment is projected to expand at a considerable CAGR during the forecast period attributed to the usage in multi-channel television broadcast systems and long-distance telephony. On the other hand, the single-mode segment is anticipated to account for a major market share during the forecast period due to their ability to offer lower power loss in comparison to multimode.
Long-haul segment to hold significant market share
On the basis of network, the global dark fiber network market is divided into long-haul and metro. The long-haul segment is anticipated to hold significant market share in the coming years owing to the capacity to connect over large distances at low signal intensity. On the other hand, the metro segment is expected to grow significantly during the forecast period due to the broadening availability of metro network fibers at a relatively cost-effective price.
North America to constitute a key market share
In terms of regions, the global dark fiber network market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to constitute a key share of the market during the projected period attributed to increasing application of fiber networks in the medical sector in the region. However, the market of Asia Pacific is anticipated to expand at a rapid pace during the forecast period owing to technological developments and wide acceptance of technology in the information technology, telecommunications, and administrative sectors across the region.
Segments
The global dark fiber network market has been segmented on the basis of
Applications
- BFSI
- Military & Aerospace
- Telecom
- Oil & Gas
- Medical
- Railway
- Others
Fiber Types
Network
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Zayo Group, LLC
- Consolidated Communications Holdings, Inc.
- GTT Communications, Inc.
- Windstream Holdings, Inc.
- AT&T Intellectual Property
- Colt Technology Services Group Ltd.
- Comcast Corp.
- Level 3 Communications, Inc.
- NTT Communications Corp.
- Verizon Communications, Inc.
Competitive Landscape
Key players competing in the global dark fiber network market are Zayo Group, LLC; Consolidated Communications Holdings, Inc.; GTT Communications, Inc.; Windstream Holdings, Inc.; AT&T Intellectual Property; Colt Technology Services Group Ltd.; Comcast Corp.; Level 3 Communications, Inc.; NTT Communications Corp.; and Verizon Communications, Inc. As part of their efforts to expand their client base and acquire a competitive advantage over competitors, manufacturers operating in the market have adopted various strategic initiatives, such as partnerships, collaborations, and mergers & acquisitions. Moreover, companies are focusing on investment in R&D for development and launching of new products to maintain their competitive positions in the market.
Request For Customization
Enquiry Before Buying
Speak With Analyst
