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According to a new report Global Dark Fiber Market, published by KBV research, The Global Dark Fiber Market size is expected to reach $8.9 billion by 2026, rising at a market growth of 12.2% CAGR during the forecast period.
The Glass market dominated the Global Dark Fiber Market by Material 2019, and would continue to be a dominant market till 2026. The Plastic market is expected to witness a CAGR of 14% during (2020 - 2026).
Long-haul dark fiber networks are highly used across different industries such as ISPs and telecommunications industry, internet-enabled services, military, and aerospace industry, etc. Long haul fibers utilize the least repeaters & keep data strength intact. Long-haul dark fibers are also economical because they have low utilization of extra systems.
In 2019, ISP & telecommunication segment acquired the maximum revenue share and would maintain a similar trend during the forecast period. Telecommunication would open various growth avenues because of the increasing deployment of the 5G technology in communication & data transmission services. In both small & long-range communication, dark fiber is capable of providing high-speed data transfer services.
North America would procure the highest revenue share of the dark fiber market during the forecast period. The growing demand for fiber networks in ISPs & telecommunication sectors, IT-enabled services, the BFSI sector, and the military & aerospace industry are some of the factors for the growth of this region. Additionally, the growth is boosted by the aspects such as the presence of leading players in the region, like GTT Communications, Inc., AT&T Intellectual Property, and Consolidated Communications. The Europe market is estimated to grow at a CAGR of 11.3% during (2020 - 2026). Additionally, The Asia Pacific market would exhibit a CAGR of 14% during (2020 - 2026).
Full Report: https://www.kbvresearch.com/dark-fiber-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of AT&T, Inc. AT&T Intellectual Property), Verizon Communications, Inc., NTT Data Corporation, Comcast Corporation, Consolidated Communications Holdings, Inc., Colt Technology Services Group Limited, Windstream Holdings, Inc., Zayo Group, LLC (EQT Partners Digital Colony), GTT Communications, Inc. (Mercator Partners, LLC), and Lumen Technologies, Inc.
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