The dark fiber market is fragmented, and the vendors are deploying inorganic and organic growth strategies to compete in the market. The competition among vendors is high due to evolving standards, significant changes in smart technologies, rising product awareness among end users, and product launches. Vendors are focusing on launching new and innovative products, cost-effective production cycles, and technological developments.
The dark fiber market size is expected to grow by USD 3.94 billion from 2021 to 2026. In addition, the growth momentum of the market will accelerate at a CAGR of 11.34% during the forecast period, according to Technavio.
Dark Fiber Market 2022-2026: Revenue-generating Service Segment
The long-haul services segment will be the largest contributor to market growth during the forecast period. The growth of the market is attributed to factors such as the rising investments in long-haul dark fiber network infrastructure to expand network capacity using dark fiber connectivity.
Dark Fiber Market 2022-2026: Regional Analysis
North America will account for 38% of the market’s growth during the forecast period. This growth is attributed to factors such as the implementation of automation, increasing investments in smart city initiatives, the rise in the use of IoT, and the growing use of social networking platforms. However, market growth in this region will be slower than the growth of the market in Europe and APAC. The US is the key country for the dark fiber market in North America.
Dark Fiber Market 2022-2026: Vendor Analysis
AT and T Inc., AiNET, Consolidated Communications Holdings Inc, Colt Technology Services Group Ltd., Crown Castle International Corp, Conterra Ultra Broadband LLC, Eurofiber Nederland B.V., Fatbeam LLC, DataWeb BV, FiberLight LLC, Fibrenoire Inc., GTT Communications Inc., Frontier Communications Parent Inc, Neos Network Ltd, Lumen Technologies Inc., Sterlite Power Transmission Ltd, NTT Communications Corp., Windstream Intellectual Property Services LLC, Verizon Communications Inc., and Zayo Group LLC are among some of the major market participants.