Dark fiber market worth US$8.7 billion by 2026, at a CAGR of 11.0%
The dark fiber market size is expected to reach USD 8.7 billion by 2026 to grow at a CAGR of 11.0%.
The report “Dark Fiber Market with COVID-19 Impact Analysis by Type (Single-Mode Fiber, Multi-Mode Fiber), Network Type (Metro, Long Haul), End User (Internet Service Providers and Telecom Industry), Geography – Forecast world until 2026 “the size is expected to reach USD 8.7 billion by 2026, from an estimated USD 5.2 billion in 2021, growing at a CAGR of 11.0% from 2021 to 2026. Growing demand for 5G network is among the factors driving the dark fiber market growth.
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Browse 122 market data tables and 58 figures spread across 187 pages and a detailed table of contents at “Dark Fiber Market Analysis by Geography – Global Forecast to 2026″ View Detailed TOC Here – https://www.marketsandmarkets.com/Market-Reports/dark-fiber-market-396623.html
Single-Mode Fiber Segment Expected to Record Highest CAGR Between 2021 and 2026
The single mode fiber segment is expected to register the highest CAGR during the forecast period. Single-mode fiber is best suited for longer transmission distances, such as multi-channel television broadcast systems and long-distance telephony. Additionally, single mode fiber has lower fiber attenuation and transmits more information per unit time than multimode fiber.
The Long-Haul segment held the largest market share in 2020
In 2020, the long-haul segment held the largest share of the dark fiber market. The growth of the market can be attributed to the huge demand for long distance dark fibers as they are increasingly used in video transmission, cloud computing and 5G/4G/LTE mobile applications. These networks form the backbone of global networks where cost-effective upgrades and expansion to 100G and beyond are essential.
By material, plastic material is expected to grow at the highest CAGR over the forecast period
The dark fiber for plastics market is expected to register the highest CAGR during the forecast period. The growth of the market can be attributed to several advantages such as cheaper and lower signal attenuation than glass fibers, and can survive well the repeated flexing it offers. Additionally, plastic dark fibers can be routed through extremely tight areas due to their size and can be cut to length in the field.
By end-user, Internet Service Providers (ISPs) and Telecom industry are expected to grow at the highest CAGR during the forecast period
The Internet Service Provider (ISP) and Telecom segment is expected to dominate the dark fiber market during the forecast period. The growth of this segment can be attributed to the continued adoption of cloud storage and increasing technological developments in the field of machine learning, artificial intelligence, and deep learning. This, in turn, increases the data traffic on the networks, thus resulting in high demand for high data transmission as well as efficient data communication.
By Region, APAC Dark Fiber Market Expected to Grow at Highest CAGR Throughout Forecast period
The dark fiber market in APAC is expected to grow at the highest CAGR from 2021 to 2026. Market growth in this region can be attributed to rising internet penetration, ongoing technological advancements such as advent of 4G and 5G, and the rise in demand for smartphones and connected devices which has led to an increase in data traffic in telecommunications.
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 major players in the market for dark fiber.
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