The report is titled as ‘Dark Fiber Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the dark fiber market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market. The dark fiber market is expected to grow at a significant rate in the near future.
The global dark fiber market was valued US$ 5.0 Bn by the end of 2020 and expected to reach at a value of US$ 10.1 Bn by 2028 with a significant CAGR of 9.2%.
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Dark Fiber Introduction
Dark fiber can be acknowledged as a fresh optical fiber, and it is labeled as dark as no faint pulses are transmissible through it. The dark fiber is broadly employed in the telecom and network communications industry. Point-to-multipoint or point-to-point configurations are believed as general means to line up and establish dark fiber networks. Dense Wavelength Division Multiplexing (DWDM) is acting as a massive element in the expansion and embellishment of dark fiber networks.
Dark Fiber Market Dynamics
In the current times, the rapid adoption of the internet of things (IoT) and other cloud-based applications is majorly boosting the demand of dark fiber in the global market, thereby expected to escalate the global market of dark fiber in the near future.
With the same token, the rising need of Video-on-Demand (VoD) services and audio-video services are further estimated to accelerate the growth of the global dark fiber networks market in the years to come.
On top of that, in the present day, the expeditious penetration of internet services as well as increasing demand for high speed internet connectivity and adoption of optic technology devices are also playing a major role in elevating the demand of dark fiber in the global market. Attributing to which, the global dark fiber market is projected to observe major breakthroughs in the forthcoming future.
In addition to that, the swiftly flourishing ITES, IT, BFSI and telecom industry, in the modern age, is likely to further shoot up the demand for the dark fiber over the forecast period. Thus, the global dark fiber market is projected to grow substantially in the given timeframe. Although lack of funding by governments and regulatory authorities as well as cooperatives is anticipated to hold back the demand of dark fiber across the global markets.
Along with that, the expensive costs of installation of dark fiber network, and related concerns of interception and breaches are some other potential restraints which are likely to hamper the overall growth of the global dark fiber market.
Nonetheless, the constant developments and upgrades in technologies, untapped potential in emerging markets, and acquisitions and mergers still provides the favorable growth opportunities for the dark fiber market in the coming years.
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Dark Fiber Market Segmentation
The global dark fiber market is segmented on the basis of type, network type, material, end-user and region. The type segment of the dark fiber market is divided into single mode fiber and multimode fiber. The multimode fiber segment is further bifurcated into step-index multimode fiber and graded-index multimode fiber. Further, the network type segment is divided into metro and long haul. On the basis of material, the market is divided into glass and plastic. Lastly, on the basis of end-user, the dark fiber market is segmented into Internet Service Providers (ISPs) and Telecommunication Industry, BFSI Industry, IT Enabled Services, Military and Aerospace Industry, Oil and Gas Industry, Healthcare Industry, Railway Industry, and others (Manufacturing and Factory Automation).
Dark Fiber Market Key Players
The global dark fiber market is dominated by AT&T Intellectual Property, Colt Technology Services Group Limited, Comcast Corporation, Consolidated Communications, GTT Communications, Inc., CenturyLink, Inc., NTT Communications Corporation, Verizon Communications, Inc., Windstream Communications, and Zayo Group, LLC and among others.
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