The dark fiber market size is expected to post a CAGR of over 12% during
the period 2020-2024, according to the latest market research report by
Technavio. Request
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Technavio announced its latest market research report titled global dark fiber market 2020-2024. (Graphic: Business Wire)
The growing investments in FTTx deployment is one of the major drivers
of the dark fiber market. The growing demand for high bandwidth is
compelling network providers to deploy FTTx networks that offer greater
bandwidth capacity than existing infrastructure. An FTTx network uses
optical fiber cables instead of coaxial cables and telephone or cable
wires to deliver high-speed services to residential, business, and
industrial premises. This is leading to growing investments in FTTx
networks, which results in the rise in unused fiber. This creates ample
opportunity for service providers to capitalize on the increasing
availability of dark fiber to offer high bandwidth connections to
customers.
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As per Technavio, the growing investments in ultra-long-haul networks
will have a positive impact on the market and contribute to its growth
significantly over the forecast period. This research report also
analyzes other important trends and market drivers that will affect
market growth over 2020-2024.
Dark Fiber Market: Growing Investments in
Ultra-Long-Haul Networks
Ultra-long-haul optical fiber systems have gained significant momentum
in the market since they allow connections over large distances with low
signal attenuation. Ultra-long-haul terrestrial networks are used for
undersea cabling to cross large oceanic distances. Thus, several
organizations are largely investing in the ultra-long-haul terrestrial
networks. For instance, in May 2018, Vodafone Group announced that it
had deployed the world’s largest 200G ultra-long-haul network across 88
cities in India and had installed more than 43000 km of 200G
ultra-long-haul network. Thus, the deployment of ultra-long-haul
networks is increasing, which will have a significant impact on the
growth of the dark fiber market during the forecast period.
“Apart from the growing investments in ultra-long-haul networks,
factors such as the growing focus on the development of smart cities,
and the rise in partnerships and acquisitions will have a significant
impact on the growth of the dark fiber market value during the forecast
period,” says a senior analyst at Technavio.
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Dark Fiber Market: Segmentation Analysis
This market research report segments the dark
fiber market by type (multi-mode and single-mode), service
(long-haul services, short-haul services, and colocation facilities
services), and geography (APAC, Europe, MEA, North America, and South
America).
The North American region held the largest share of the market in 2019,
followed by the Europe, APAC, MEA, and South America respectively. The
growth of the dark fiber market share in North America can be attributed
to several factors such as the rise in IoT, the implementation of
automation across end-user industries, increasing investments in smart
city initiatives, and the increasing use of social networking platforms.
Technavio’s sample reports are free of charge and contain multiple
sections of the report, such as the market size and forecast, drivers,
challenges, trends, and more.
Some of the key topics covered in the report include:
Market Landscape
- Market ecosystem
- Market characteristics
- Market segmentation analysis
Market Sizing
- Market definition
- Market size and forecast
Five Forces Analysis
Market Segmentation
Geographical Segmentation
- Regional comparison
- Key leading countries
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
About Technavio
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provides actionable insights to help businesses identify market
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positions.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20200106005619/en/