Dark Fiber Market 2022-2028

Dark Fiber Market 2022-2028

Global Dark Fiber Market Size, Share, & Analysis by Fiber Type (Single Mode and Multi-Mode), by Network Type (Metro and Long Haul), and by End-User (Telecom, Oil and Gas, BFSI, Medical, Railway, and Other) Forecast Period (2022-2028)

The global dark fiber market was valued at $5.5 billion in 2021 and is estimated to reach a value of $11.6 billion in 2028, growing at a CAGR of 11.5% during the forecast period (2022-2028). The demand for high-speed internet globally and the growing requirement for Fiber to the x (FTTx), are propelling the dark fiber industry growth. Companies are expanding their network capabilities which have significantly contributed to the market. For instance, recently on September 2022, fiber-based broadband service provider IQ Fiber announced further expansion of its fiber-to-the-home (FTTH) deployment plans within its Northeast Florida service territory. The company provides its FTTH in Jacksonville Beach, Beauclerc, and Mandarin along with Orange Park and Fleming Island in Clay County, at a cost of approximately $45 million. In addition, the market is driven by a significant rise in big data and the increasing adoption of cloud-based services owing to their flexibility and cost-effectiveness. Companies are adopting fiber services to enhance the flexibility and scalability of their business efficiency and effectiveness.

The dark fiber market is segmented based on single mode and multi mode dark fiber. The single mode fiber segment held the largest market share of 66.0% accounted for $3.6 billion in 2021 and is estimated to reach $7.8 billion in 2028. The market for single mode fiber is growing at the highest CAGR of 11.8% during the forecast period attributed to its better performance compared to multi mode fiber. It provides higher bandwidth and transmission rate at longer distances. Deployment of single mode fiber in energy and utilities, telecommunication, railways, and others due to demand for longer transmission distances is contributing to the market size. Multi model fiber held 34.0% accounted for $1.9 billion in 2021 and is estimated to reach $3.8 billion in 2028, growing at a CAGR of 10.9% during the forecast period. The market growth for multi mode fiber is attributed to the rising demand for 5G networks and the growing demand for high speed and high bandwidth internet connectivity in metropolitan areas.

The global dark fiber market is further segmented based on geography, including North America (the US and Canada), Europe (the UK, Germany, France, Italy, Spain, and others), Asia-Pacific (India, China, Japan, and others), and the rest of the world (the Middle East and Africa, and Latin America). North America dominated the global market with a share of 42.3% in 2021. The market size in North America was $2.3 billion in 2021 and is estimated to reach $4.8 billion in 2028, growing at a CAGR of 11.2% during the forecast period, attributed to extensive demand from the telecommunication industry backed by growing internet penetration and deployment of 5G network. In addition, major countries in Asia-Pacific, such as China, India, Japan, and South Korea, have a huge capacity for dark fiber network services. The need for faster internet technologies and demand from railway, aerospace, and telecommunication is contributing to the market. Attributed to these factors, the market size in Asia-Pacific was $1.6 billion in 2021 and is estimated to reach $3.7 billion in 2028, growing at the highest CAGR of 13.1% during the forecast period.

Major players operating in the global dark fiber market include AT&T Intellectual Property, Colt Technology Services Group Ltd., Comcast Corp., Consolidated Communications, GTT Communications, Inc., Lumen technologies, NTT Communications Corp., Verizon Communications, Inc., and Windstream Communications.

Recent Developments

● In July 2022, dark fiber provider Global InterXchange (GIX) with Hylan to install a dark fiber network via the Port Authority Trans-Hudson (PATH) tunnel that connects New York City and New Jersey.