Dark Fiber Network Market Growth & Trends
The global dark fiber network market size is estimated to reach USD 10.05 billion by 2028, according to the new report by Grand View Research, Inc. It is projected to expand at a CAGR of 9.3% from 2021 to 2028. Dark fiber has emerged as a sustainable solution for various organizations that are focusing on enhanced communication and network management. Continuously increasing penetration of internet services over the period has paved the way for the high demand for internet bandwidth. This demand is expected to remain rampant over the forecast period. This is the most significant factor responsible for market growth across the globe. The market is strongly supported by companies with a high reliance on internet connectivity. These networks are highly beneficial for organizations with a high volume of data flow in their operation. These benefits include reduced network latency, scalability, reliability, and enhanced security.
In fiber-optic communications, fiber optic cables that are not yet put in service by a provider or carrier, are termed as dark fiber or unlit fiber. Network communications and telecom usually use the network, and currently, there are lots of dark fiber cables across the globe. In regular fiber networks, information is sent through the cables in light pulses. Whereas, dark fiber networks are known to be ‘dark’ as no light or data is transmitted from them.
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Dark fiber networks are not just used for business purposes but can be installed beneath land and oceans. Some of the interesting use cases of dark fiber include earthquake research and monitoring permafrost. Amongst many advantages, some of the disadvantages of the dark fiber network include high initial cost and loss of time in setting up your infrastructure, and high repairing and maintenance costs. Similarly, large dark fiber networks are currently available in metropolitan cities only and are yet to become available in small cities and towns.
Dark Fiber Network Market Report Highlights
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Dark Fiber Network Market Segmentation
Grand View Research has segmented the global dark fiber network market based on fiber type, network type, application, and region:
Dark Fiber Network Fiber Type Outlook (Revenue, USD Million, 2017 – 2028)
Dark Fiber Network Type Outlook (Revenue, USD Million, 2017 – 2028)
Dark Fiber Network Application Outlook (Revenue, USD Million, 2017 – 2028)
Dark Fiber Network Regional Outlook (Revenue, USD Million, 2017 – 2028)
List of the Key Players in the Dark Fiber Network Market
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