Dark Fiber Market Increasing Demand, Growth Analysis and Future Outlook by 2031
Dark Fiber Market Increasing Demand, Growth Analysis and Future Outlook by 2031
Blog Article
Dark fiber market is anticipated to grow at a CAGR of 11.5% during the forecast period. The growing demand for internet connectivity across the globe is a key factor driving the growth of the market. The benefits of data fiber such as reduced network latency, scalability, reliability, and enhanced security have driven market growth. With the increasing demand for mobile data and the launch of 5G services, telecom service providers are now buying up the available dark fiber and also focusing on building their own. This, in turn, drives the market growth.
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Fixed and mobile operators are witnessing a surge in Internet traffic. In Korea, operators have reported traffic increases of 13.0%, reaching 45.0% to 60.0% of their deployed capacity. In Japan, NTT Communications reports an increase in data usage of 30% to 40%. In the UK, BT reports a 35% to 60% increase in daytime weekday fixed broadband usage. Telefónica reports nearly 40% more bandwidth in Spain, with mobile traffic growth of 50% and 25% in voice and data, respectively.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Dark fiber Market Report by Segment
By Fiber Type
- Single Mode
- Multi Mode
By Network Type
- Metro
- Long Haul
By Application
- Telecom
- Oil & Gas
- BFSI
- Medical
- Railway
Global Dark Fiber Market Report by Region
North America
- United States
- copyright
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global dark fiber market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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