The Global Dark Fiber Market is estimated to driven by Growth in Data Consumption
Dark fiber refers to unused fiber-optic cable that provides high-speed data transmission through light pulses. Dark fiber ensures secure transmission of large volumes of data at very high speeds and helps accommodate rising bandwidth needs. It is emerging as the preferred mode of connectivity for enterprises, mobile operators, content providers and cloud service providers seeking high-performance networks with virtually unlimited capacity.
The Global Dark Fiber Market is estimated to be valued at US$ 7.17 BN in 2024 and is expected to exhibit a CAGR of 12% over the forecast period 2024 to 2031.
Rising data consumption driven by increasing smartphone and internet penetration as well as growing adoption of cloud, IoT and big data analytics is fueling demand for high-speed networking infrastructure. Dark fiber fulfills this need by providing secure dedicated high-bandwidth connectivity ideal for mission critical applications. Its immunity to external interference also makes it a reliable option.
Key Takeaways
Key players operating in the Dark Fiber Market Trends are AT&T Inc., Colt Technology Services Group Limited, Comcast, Consolidated Communications, GTT Communications, Inc, Lumen Technologies, Inc., Verizon Communications, Inc., Windstream Intellectual Property Services, LLC, Zayo Group, LLC, Microscan, Sorrento Networks, NexGen Networks Corporation, UFINET, Vikram Group, DEPL, UNITE PRIVATE NETWORKS, Sterlite Power, Crown Castle, FirstLight, and Cologix. These companies are focusing on expanding their fiber networks and developing long-haul and metro connectivity solutions to capitalize on the exponential growth in data consumption.
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