The global dark fiber network market size is estimated to reach USD 11.22 billion by 2027, according to the new report by Grand View Research, Inc. It is anticipated to expand at a 12% compound Annual Growth Rate (CAGR) during the forecast period. The market has emerged as a sustainable solution for various organizations that are focusing on enhanced communication and network management. Continuously increasing penetration of internet services, over the period, has paved the way for the high demand for internet bandwidth. This demand is expected to remain rampant over the forecast period. This is the most significant factor driving the market growth. The market is strongly supported by companies with high reliance on internet connectivity. These networks are highly beneficial for organizations with a high volume of data flow in their operation. These benefits include reduced network latency, scalability, reliability, and enhanced security.
In
fiber-optic communications, fiber optic cables that are not yet put in service
by a provider or carrier, are termed as dark or unlit fiber. Network
communications and telecom usually use the network. In regular fiber networks,
information is sent through the cables in light pulses. Whereas, dark fiber
networks are known to be ‘dark’ as no light or data is transmitted from it.
Dark
fiber networks can be installed and set-up using point-to-multipoint or
point-to-point configurations. Dense Wavelength Division Multiplexing (DWDM) is
an essential factor for the improvement and development of dark fiber networks.
DWDM occurs when many data signals are transmitted using the same optical fiber
at the same time. Although these signals are transmitted around the same time,
they are transmitted at separate and unique wavelengths to keep these data
signals separate. The significant benefits of DWDM include an increase in
bandwidth of the optical fiber, high-quality internet performance,
lightning-fast internet, and secure and powerful network.
Dark
fiber networks are not just used for business purposes but can be installed
beneath land and oceans. Some of the interesting uses cases of dark fiber
include earthquake research and to monitor permafrost. Some of the
disadvantages include high initial cost and loss of time in setting up your
infrastructure and high repairing and maintenance costs. Similarly, large dark
fiber networks are currently available at metropolitan cities only and yet to
at small cities and towns.
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Dark Fiber Network
Market Report Highlights
- The significant benefits of
DWDM include an increase in bandwidth of the optical fiber, high-quality
internet performance, lightning-fast internet, and secure and powerful
network
- Telecommunication is
anticipated to present promising growth prospects due to growing adoption
of the 5G technology in communication and data transmission services
- Medical and military and
aerospace application segments are poised to witness significant growth,
attributed to increasing adoption of optic technology devices
- Asia Pacific is expected to
witness the fastest growth owing to technological advancements and
large-scale adoption of the technology in IT and telecommunication and
administrative sector
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Dark Fiber Network
Market Segmentation
Grand View Research has segmented
the global dark fiber network market based on fiber type, network type,
application, and region:
Dark Fiber Network
Fiber Type Outlook (Revenue, USD Million, 2016 - 2027)
- Single Mode
- Multi-mode
Dark Fiber Network
Type Outlook (Revenue, USD Million, 2016 - 2027)
- Metro
- Long-haul
Dark Fiber Network
Application Outlook (Revenue, USD Million, 2016 - 2027)
- Telecom
- Oil & Gas
- Military & Aerospace
- BFSI
- Medical
- Railway
- Others
Dark Fiber Network
Regional Outlook (Revenue, USD Million, 2016 - 2027)
- North America
- U.S.
- Canada
- Mexico
- Europe
- U.K.
- Germany
- France
- Asia Pacific
- China
- Japan
- India
- Australia
- South America
- Brazil
- The Middle East & Africa
List of Key Players
in the Dark Fiber Network Market
- AT&T Intellectual
Property
- Colt Technology Services
Group Limited
- Comcast, Consolidated
Communications
- GTT Communications, Inc.
- Level 3 Communications, Inc.
(CenturyLink, Inc.)
- NTT Communications Corporation
- Verizon Communications, Inc.
- Windstream Communications
- Zayo Group, LLC
About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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