The dark fiber market size is expected to reach $9.3 billion
Market Research Future (MRFR) announces the release of its half-baked research report – Dark Fibers Market Report, 2020–2027. Dark fiber market size is expected to register a steady CAGR of 11.0% valued at US$4.6 billion in 2019 and US$9.3 billion by 2027.
According to Market Research Future, the global dark fiber market has been segmented on the basis of fiber type, network type, application, and region/country. Dark fiber is unlit, or in other words, unused fiber optic cables that are laid underground, creating a pre-existing network infrastructure to meet ever-increasing connectivity demands. Initially, laying fiber optics underground by physically digging the area cost much more than the actual cost of the fiber. To manage these costs, understanding the prognosis, and the growing need for connectivity, organizations invested more in laying additional fiber than in the actual need. This excess infrastructure has created business opportunities by leasing the unused fiber to the consumer vertical for their network needs. Dark fiber offers various benefits to the IT and telecom industries. These benefits include scalability and flexibility for increasing bandwidth demands, full infrastructure control, lower latency, improved security, reliable network and minimized costs.
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The major players in the global dark fiber market are GTT Communications, Inc. (USA), UFINET (Guatemala), Vikram Group (India), DEPL (India), Landmark Dividend LLC. (USA), Unite Private Networks (USA), Sterlite Power (India), Colt Technology Services Group Limited (UK), Consolidated Communications (USA), Crown Castle (USA), NexGen Networks (USA), Sorrento Networks (USA), FirstLight (US), Microscan (India) and Windstream Intellectual Property Services, LLC. (US)s.
The global dark fiber market has been segmented by fiber type, network type,…