Dark Fiber Market Research Report Information by Fiber Type (Single Mode, Multi-mode), By Network Type (Metro, Long-haul), By Application (Telecom, Oil & Gas, BFSI, Medical, Railway), By Region (Asia-Pacific, North America, Europe, and Rest of the World) - Forecast till 2030
ID: MRFR/ICT/9034-HCR | 100 Pages | Author: Ankit Gupta | October 2023
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Dark Fiber Market Overview
Dark Fiber Market Size was valued at USD 5.8 Billion in 2022. The Dark Fiber market industry is projected to grow from USD 13,121.0 Billion in 2023 to USD 11.9 Billion by 2030, exhibiting a compound annual growth rate (CAGR) of 9.49% during the forecast period (2023 - 2030).The global market for dark fiber networks is primarily driven by an increase in the demand for internet bandwidth and an increase in the adoption of internet services.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Dark Fiber Market Trends
Dark Fiber demand is increasing due to need of better connectivity.
The demand for dark fiber is indeed increasing due to the rollout of 5G networks. 5G technology requires a significant increase in the number of cell towers and other network infrastructure, and this requires a high-speed and reliable connection between these towers and the core network. In addition to cost-effectiveness, dark fiber is easy to access, as it is typically available in urban areas where fiber optic infrastructure has already been installed. This makes it a convenient option for organizations seeking to expand their network capacity without the need to invest in the installation of new fiber optic cables.
Dark fiber is a cost-effective and efficient way to provide this connectivity, as it can provide the necessary bandwidth and low-latency connectivity required for 5G networks. With dark fiber, network operators can have greater control over their network infrastructure and the bandwidth they require and can avoid the potential slowdowns and security risks associated with sharing a public network.
In addition, 5G networks are expected to drive the growth of new technologies such as augmented reality, virtual reality, and autonomous vehicles, all of which require fast and reliable connectivity. Dark fiber can provide the necessary bandwidth and low-latency connectivity to support these technologies, making it an important part of the 5G infrastructure.
Overall, the demand for dark fiber is increasing due to the need for high-speed and reliable connectivity to support the growth of 5G networks and the technologies that rely on them.
Figure 1: Dark Fiber Market Size, 2022-2030, USD Billion Dark Fiber Market, by Region Type, 2022 & 2030 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
The adoption of cutting-edge networking systems supported by research institutes and the increasing demand for fiber networks in ISPs and telecommunications are also anticipated to fuel market revenue development in the Asia-Pacific region.
Dark Fiber Key Market Players & Competitive Insights
The massive number of workers, who adapted to the new home-based, remote working environments, raised the demand for high-speed network connectivity. Also, due to the enormous number of people staying at home during the pandemic, demand for OTT platforms peaked. On the other hand, telecom, and network service provider embraced dark fibers fast to increase their connectivity options.
Major players in the dark fiber market, including GTT Communications, Inc., Landmark Dividend LLC., Unite Private Networks, Consolidated Communications, Crown Castle, NexGen Networks, Sorrento Networks, FirstLight, and Windstream Intellectual Property Services, LLC., and others are focusing on developing their business strategies.
Key Companies in the Dark Fiber market includes
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GTT Communications, Inc.
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Vikram Group
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DEPL
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Landmark Dividend LLC.
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Unite Private Networks
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Colt Technology Services Group Limited
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Consolidated Communications
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Crown Castle
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NexGen Networks
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Sorrento Networks
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FirstLight
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Microscan
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Windstream Intellectual Property Services, LLC
Dark Fiber Industry Developments
February 2023: - Clairol introduced two new innovations in at-home hair coloring that were inspired by current Canadian trends. Root Touch Up Color + Volume 2-in-1 Spray and Natural Instincts have been developed in response to client requirements and insights.
February 2023:- The premier pure play dark fiber infrastructure provider, Summit Infrastructure Group, is expanding into Columbus, Ohio, with a brand-new, purpose-built, and entirely underground dense dark fiber network that will service the area's expanding data center and enterprise industries. The company will deliver more than 200 miles of new infrastructure that is distinctive and different from the region's historical fiber networks by Q1 2023, on schedule to finish its initial network build out.
Dark Fiber Market Segmentation
Dark Fiber Vertical Product Outlook
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Single-Mode
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Multi-Mode
Dark Fiber Network Outlook
Dark Fiber Application Outlook
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Telecom
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Oil & Gas
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BFSI
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Military & Defense
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Medical
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Railway
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Others
Dark Fiber Regional Outlook
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North America
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US
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Canada
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Europe
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Germany
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France
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UK
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Italy
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Spain
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Rest of Europe
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Asia-Pacific
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China
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Japan
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India
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Australia
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South Korea
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Australia
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Rest of Asia-Pacific
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Rest of the World
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Middle East
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Africa
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Latin America
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Report Scope:
| Report Attribute/Metric | Details |
| Market Size 2022 | USD 5.8 Billion |
| Market Size 2023 | USD 6.3 Billion |
| Market Size 2030 | USD 11.9 Billion |
| Compound Annual Growth Rate (CAGR) | 9.49% (2023-2030) |
| Base Year | 2023 |
| Forecast Period | 2023-2030 |
| Historical Data | 2020 to 2022 |
| Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Product Type, Network Type, Application Type, and Region |
| Geographies Covered | North America, Europe, Asia Pacific, and the Rest of the World |
| Countries Covered | The U.S, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
| Key Companies Profiled | GTT Communications, Inc., Landmark Dividend LLC. Unite Private Networks, Consolidated Communications, Crown Castle, NexGen Networks, Sorrento Networks, FirstLight, and Windstream Intellectual Property Services, LLC. |
| Key Market Opportunities | Big Data promotes better product designs by utilizing technologies at lower costs and with less hardware. |
| Key Market Dynamics | Increasing demand due to cost effectiveness. 5G market growth and high-speed connectivity growth increase demand |
Frequently Asked Questions (FAQ) :
The fiber dark market size is estimated to reach USD 9.3 billion by 2026.
The market for Dark Fiber was USD 5.8 Billion in 2022.
The global analytics market is expected to be USD 11.9 Billion in 2030.
The growth rate for the Dark Fiber market is 9.49% through the forecast period.
At present, the North America region holds largest market share.
The major players are dominating the market are GTT Communications, Inc., Landmark Dividend LLC. Unite Private Networks, Consolidated Communications, Crown Castle, NexGen Networks, Sorrento Networks, FirstLight, and Windstream Intellectual Property Services, LLC., and others.
Key Questions Answered
- ✅Global Market Outlook
- ✅In-depth analysis of global and regional trends
- ✅Analyze and identify the major players in the market, their market share, key developments, etc.
- ✅To understand the capability of the major players based on products offered, financials, and strategies.
- ✅Identify disrupting products, companies, and trends.
- ✅To identify opportunities in the market.
- ✅Analyze the key challenges in the market.
- ✅Analyze the regional penetration of players, products, and services in the market.
- ✅Comparison of major players’ financial performance.
- ✅Evaluate strategies adopted by major players.
- ✅Recommendations
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