Published Date: 2020-01-22 | Pages: Ongoing | Tables: Ongoing | Report ID: 8288 | Industry: Internet & Communication |
Format :
Dependence on internet connectivity to perform routine operations and the need to expand the available bandwidth among the telecom companies is growing exponentially. This scenario is eventually calling for the usage of Dark Fiber Networks. Moreover, Dark Fiber Network enables businesses to have complete control over their network infrastructure, along with improving performance and lowering the costs. Besides, it offers benefits such as high capacity, exceptional security, superfast speed, and excellent signal strength.
Demand for High Bandwidth Capacity to Spur the Adoption of Dark Fiber Networks
Adoption of Dark Fiber Networks is increasing among the organizations on account of surge in the demand for high bandwidth capacity and low latency. Various organizations are increasingly shifting from commercial internet services provider (ISP) to a Dark Fiber Network, thereby positively impacting the growth of the Dark Fiber Networks market. Growing need among organizations for fast and secure internet capabilities due to the transmission of large sensitive data files is increasing fuelling the demand for Dark Fiber Networks.
Market Participants to Widen Long Haul Fiber Networks & Expand their Reach
The report studies the key players operating in the global Dark Fiber Networks market including AT&T, Comcast Corporation, Colt Group S.A., FairPoint Communications, Level 3 Communications, Inc., Interoute Communications Limited, NTT Communications, Verizon Communications, Windstream Services, LLC and Zayo Group.
Manufacturers are planning to build long haul fiber networks across various regions to meet the growing demand for high bandwidth. For instance, Zayo Group Holdings, Inc. is planning to build a new long haul fiber network between Salt Lake City, Utah and Denver, Colorado. This construction is likely to reach completion point in the year 2021. Also, they are taking up initiatives such as mergers and acquisitions with the network providers so as to expand their fiber network and reach to a wider customer base.
Market Segmentation
By Fiber Type
● Single Mode
● Multi-mode
By End User
● Internet Service Providers (ISPs) & Telecom
● IT & IT enabled Services (ITeS)
● Banks, Financial Services & Insurance (BFSI)
● Education
● Hospitality & Retail
● Manufacturing & Logistics
● Healthcare
The market analysts have predicted that the usage of multi-mode fiber type will foresee an increase in LAN systems and video surveillance. Moreover, increasing application of Dark Fiber Networks in the underground channels is inducing the demand for multi-mode fiber. Demand for Dark Fiber Networks is on the rise among the telecom sector due to increased requirement of internet bandwidth to enable transmission of high volume data.
By Region
As per the analysts, North America is expected to emerge as a frontrunner on the back of speedy adoption of this technology and huge investment in network establishment. Furthermore, increasing adoption of Dark Fiber Networks by the educational institutes in this region could stimulate the regional market growth. The Dark Fiber Networks market in Asia Pacific could witness lucrative growth in the years to come. This is mainly because of increasing prevalence of fiber optics network in numerous Asia Pacific countries.
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