The Dark Fiber Networks Market is expected to witness tremendous growth in the future, owing to rapid technological advancements and surge in internet usage across the globe. Dark or sometimes called unlit fiber are fiber optic cables that have been laid down by carriers or network service providers, however, are not put in service. These can be installed beneath the land or oceans and are set up using point-to-point or point-to-multipoint configurations. There are several advantages of dark fiber networks such as high-quality internet performance, lightning-fast internet, increase in bandwidth of optical fiber, and secure network.
Growth in internet traffic across the globe and surge in adoption of internet among various enterprises are the major factors that drive growth of the dark fiber network market. In addition, growth in the telecommunication sector in emerging countries of Asia-Pacific and Europe is expected to fuel growth of the market. However, high initial and maintenance costs for these dark fiber network cables hampers the market growth. Furthermore, adoption of optic technology devices by various industry verticals across the globe is expected to provide lucrative opportunities for the global dark fiber networks market.
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COVID-19 Scenario Analysis:
➢ Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost all countries around the globe, with the WHO declaring it a public health emergency. The global impacts of the disease are already starting to be felt, and expected to significantly affect the global dark fiber networks market in 2020.
➢ Though governments have imposed lockdowns to contain the spread of the virus, businesses have shifted to online mode and are encouraging work from home, which has led to a rise in internet usage and heavy traffic load on service providers. Thus, dark fiber cables are used by service providers to provide higher bandwidth and provide secure network to their customers.
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Global dark fiber networks are growing at a very fast pace, making it a very competitive market. Hence, prominent players are adopting different strategies such as expansion of their services, new product launches, collaborations, partnerships, and mergers to maintain their position in the market. For Instance, in June 2020, Cityfiber started construction of their new 1Gbps capable fiber-to-the-home (FTTH) worth $50 million on their existing dark fiber network to support their existing expansion plans. In May 2020, a joint dark fiber network initiative between Nextgenaccess, a UK provider of custom and wholesale full fiber network infrastructure and Next Generation Data (NGD) has been completed, which connects Bradley Stoke in Bristol to NGD’s hyperscale data center facility.
North America is expected to have the largest market share during the forecast period, owing to early adoption of technological advancements and presence of prominent players in the region. In addition, Asia-Pacific is also expected to witness a significant growth, owing to the growth of emerging economies such as India, Japan, and China. These countries are witnessing a rapid development in the IT infrastructure, which is expected to put dark fiber network into service, which, in turn, boosts the market growth.
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Key benefits of the report:
➢ This study presents analytical depiction of the Dark Fiber Networks market along with the current trends and future estimations to determine the imminent investment pockets.
➢ The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the Dark Fiber Networks market share.
➢ The current Dark Fiber Networks market is quantitatively analyzed to highlight the market growth scenario.
➢ Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
➢ The report provides a detailed Dark Fiber Networks market analysis based on the present and future competitive intensity of the market.
Leading Market Players:
➢ Comprehensive analysis and profiles of the major market players such as
CenturyLink, Inc., NTT Communications Corporation, Windstream Communications, Comcast, Verizon Communications, Inc., Colt Technology Services Group Limited, Zayo Group, LLC., Consolidated Communications, AT&T Intellectual Propert, GTT Communications, Inc.
These players have adopted various strategies to increase their market penetration and strengthen their position in the industry. Current and future Dark Fiber Networks market trends are outlined to determine the overall attractiveness of the market.
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