Global Dark Fiber Markets 2021-2026: Telecommunication Industry to Create Lucrative Opportunities - Need for Heavy Data Handling in Manufacturing and Logistics Sectors
DUBLIN, April 6, 2021 /PRNewswire/ -- The "Global Dark Fiber Market with COVID-19 Impact Analysis by Type (Single Mode Fiber, Multimode Fiber), Network Type (Metro, Long Haul), End-user (Internet Service Providers, Telecommunications Industry), and Geography - Forecast to 2026" report has been added to ResearchAndMarkets.com's offering.
The global dark fiber market is projected to reach USD 8.7 billion by 2026 from an estimated USD 5.2 billion in 2021, at a CAGR of 11% from 2021 to 2026.
Rising demand for 5G networks and increasing demand for internet bandwidth is among the factors driving the growth of the dark fiber market.
Single mode fiber segment held the major share of dark fiber market
Based on type, the single mode fiber segment is estimated to hold a larger share of the dark fiber market compared to the multimode fiber segment in 2021, and this segment will continue to hold a dominant market position during the forecast period. Single mode fibers are best suited for longer transmission distances, such as multi-channel television broadcast systems and long-distance telephony.
Internet service providers (ISPs) and telecommunications industry to register highest CAGR from 2021-2026
Internet service providers (ISPs) and telecommunications industry is projected to lead the dark fiber market during the forecast period. The growth of this segment can be attributed to the ongoing adoption of cloud storage and increasing technological developments in the field of machine learning, artificial intelligence, and deep learning.
This, in turn, increases data traffic across networks, leading to significant demand for high data transmission along with efficient data communication. Leading cloud service providers, such as Google, Amazon, and Microsoft, are implementing dark fibers to serve their internet traffic.
Based on region, North America held the major share of dark fiber market
North America is estimated to account for the largest share of the overall dark fiber maket in 2021. The market growth in North America can be attributed to the presence of leading dark fiber ecosystem players, such as AT&T Intellectual Property, GTT Communications, Inc., and Consolidated Communications, in the region. These players have been capturing a major share in the overall dark fiber market, thereby contributing significantly to the market growth in North America.
AT&T Intellectual Property (US), Colt Technology Services Group Limited (UK), Comcast Corporation (US), Consolidated Communications (US), GTT Communications, Inc. (US), CenturyLink, Inc. (US), NTT Communications Corporation (Japan), Verizon Communications, Inc. (US), Windstream Communications (US), and Zayo Group, LLC (US), are some of the key players in the dark fiber market.
Supply Chain Analysis
Dark Fiber Ecosystem
Patent Analysis, 2018-2020
Tariffs and Regulations Related to Dark Fiber
For more information about this report visit https://www.researchandmarkets.com/r/2cvviy
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