Market Leadership - Dark Fiber Market
The dark fiber market size is projected to reach USD 8.7 billion by 2026 from an estimated USD 5.2 billion in 2021, at a CAGR of 11.0% from 2021 to 2026. Increasing deployment of 5G network in the ISPs and telecommunication industry and increasing demand for internet bandwidt are among the factors driving the growth of the dark fiber market.
AT&T Intellectual Property (US), Colt Technology Services Group Limited (UK), Comcast Corporation (US), Consolidated Communications (US), GTT Communications, Inc. (US), CenturyLink, Inc. (US), NTT Communications Corporation (Japan), Verizon Communications, Inc. (US), Windstream Communications (US), and Zayo Group, LLC (US), are some of the key players in the dark fiber market. These players have adopted various growth strategies, such as product and services launches and developments, agreements, acquisitions, and partnerships to retain their presence in the dark fiber market. Product and services launches and developments has been the most dominating strategy adopted by the key players from January 2018 to December 2020 to help them strengthen their product portfolio and broaden their customer base.
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AT&T Intellectual Property (US) held the leading position in the dark fiber market. The company witnessed a revenue decrease of approximately -0.07% from 2019 to 2020 and accounted for an ~12-14% share of the market in 2020. To strengthen its market position, the company constantly undertakes service launches and expansions. It focuses on expanding its dark fiber network to cater to demands from various industries.
Verizon Communications, Inc. (US) held the second position in the dark fiber market. The company is one of the leading provider of technology, communications, information, and entertainment products and services. The company has expanded its reach globally and is a market leader, which is expected to enable it a larger market share in the near future. It holds a strong position in the market, offering the latest technology and varying internet speeds to its customers.
CenturyLink, Inc. (US) has secured third position in the dark fiber market. The company is focusing on product launches, as, in 2020, the company launched Lumen edge compute. This integrates the company's expansive global fiber network, on-demand networking, and integrated security to enable the quick and efficient deployment of applications and workloads at the edge, closer to the action.
Consolidated Communications (US) is a leading broadband and business communications provider serving consumers, businesses, and wireless and wireline carriers across rural and metro communities and a 23- state service area. The company is leveraging an advanced fiber network spanning 46,000 fiber route miles. Consolidated Communications offers a wide range of communications solutions, including high-speed Internet, data, phone, security, managed services, cloud services, and wholesale carrier solutions.
GTT Communications, Inc. (US) has secured fifth position in the dark fiber market. The company owns and operates a global Tier 1 internet network and provides a comprehensive suite of cloud networking services. The company serves national, international, and global enterprises, governments, and universities, as well as the world’s largest telecom operators and OTT providers.
Related Reports:
Dark Fiber Market with COVID-19 Impact Analysis by Type (Single Mode Fiber, Multimode Fiber), Network Type (Metro, Long Haul), End User (Internert Service Providers and Telecommunications Industry), Geography - Global Forecast to 2026
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