Dark Fiber Networks Market Size to Reach USD $14.1 Billion, Globally, By 2030 at CAGR of 12.5 % – IndustryARC
Research Reports
Sep 23, 2023
The increasing deployment of 5G networks is expected to drive the growth of the dark fiber networks market. 5G networks require high-bandwidth, low-latency connectivity, which dark fiber networks can provide.
Dark Fiber Networks Market size is valued at $5.5 billion in 2022 and is expected to reach a value of $14.1billion by 2030 at a CAGR of 12.5% during the forecast period 2023-2030.The dark fiber networks market is a dynamic sector within the telecommunications industry, characterized by the deployment of unused or underutilized optical fiber cables. These dormant fibers hold immense potential for high-speed data transmission, and their demand has surged in tandem with the proliferation of data-intensive applications and the advent of 5G technology. Telecommunication companies and data center operators are primary stakeholders in this market, strategically investing in excess fiber capacity to future-proof their infrastructure. Dark fiber assets are often leased or sold to various entities, ranging from internet service providers to large enterprises, enabling owners to monetize their network resources. Regulatory considerations, technological advancements, and geographic expansion are pivotal factors shaping the trajectory of this market, which is poised for continued growth as the global demand for robust and high-bandwidth connectivity persists.
Dark fiber networks Market Current and Future Trends:
Rural Connectivity Expansion: A notable trend in the dark fiber market is the increasing focus on expanding networks to underserved or rural areas. Governments, in partnership with private sector players, are investing in laying dark fiber infrastructure to bridge the digital divide and bring high-speed internet to previously inaccessible regions.
5G and Edge Computing Integration: The increasing deployment of 5G networks is expected to drive the growth of the dark fiber networks market. 5G networks require high-bandwidth, low-latency connectivity, which dark fiber networks can provide. The 5G network market is expected to grow from USD 16 billion in 2022 to USD 69 billion by 2030, at a CAGR of 27%.
Hollow Core Fiber Adoption: Emerging technologies like hollow core fiber, which allows for faster data transmission speeds, lower latency, and increased bandwidth, are gaining traction in the dark fiber market. Companies are exploring the potential of these advanced fiber types to further enhance network capabilities.
Cybersecurity and Network Security Focus: As dark fiber networks become increasingly critical to critical infrastructure and sensitive data transmission, there is a growing emphasis on implementing robust cybersecurity measures. Network operators are investing in advanced security solutions to protect against cyber threats and safeguard data integrity.
Smart City Initiatives: Many urban areas are implementing smart city initiatives, which rely heavily on robust, high-speed connectivity. Dark fiber networks are a crucial component of these initiatives, providing the backbone for technologies like IoT devices, smart traffic management systems, and other data-intensive applications that form the foundation of smart cities.
Edge Computing Integration: The growing demand for cloud computing and data center services is another key driver of the dark fiber networks market. Cloud computing and data center services require reliable and secure connectivity, which dark fiber networks can provide. For example, according to a report by Gartner, the global public cloud services market is expected to grow from USD 494.7 billion in 2023 to USD 944.5 billion by 2026, at a CAGR of 19.1%.
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Dark fiber Networks Market Report – Scope:
The Dark fiber Networks Market has been segmented By Drug Class, distribution channels, Disease Stage and geography. The report provides insights into the market dynamics, including market drivers and challenges.
Dark fiber Networks Market with top country data and analysis. The report also highlights the market potential, growth rates, and alternative relevant statistics.
The competitive landscape section features company profiles of major players such as AT&T Intellectual Property, Colt Technology Services Group Limited, and Comcast. This report is a valuable source of guidance and direction for companies and individuals interested in the Dark fiber Networks market.
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The top 10 players in the Dark Fiber Networks industry are:
- Lumen
- Colt Technology Services Group Limited,
- Comcast,
- Consolidated Communications,
- CenturyLink, Inc.,
- Cognet ommunications,
- Verizon Communications, Inc.,
- Windstream Communications,
- Zayo Group, LLC.,
- Arelion.
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