U.S. Dark Fiber Network Market size is expected to reach USD 1.58 billion by 2030
U.S. Dark Fiber Network Industry Overview
The U.S. dark fiber network market size accounted for USD 914.1 million in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 6.8% from 2022 to 2030.
The technology 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 region.
Gather more insights about the market drivers, restrains and growth of the U.S. Dark Fiber Network Market
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, optic cables that are not yet put in service by a provider or carrier, are termed Dark Fiber (DF) or unlit fiber. These cables are not connected to any optical device and are installed to be used in the future.
It is also called a new fiber construction project to be owned by a customer or service provider. In the current market scenario, network service providers are leasing these unused fiber optic cables. During the late 90s, the telecommunication industry was booming, and huge capital was poured into building these fiber-optic networks. That period saw the aggressive laying down of fiber networks along with highways and rail lines (i.e., long-haul network type). Similarly, a thousand miles of local or regional networks (i.e., metro network type) were laid across large cities and population centers.
At the turn of the century, the telecom sector witnessed a meltdown, and these billion-dollar unused fiber network (dark fiber) infrastructures were sold at a meager price by telecom providers to avoid bankruptcy. The dark fiber prices in the metro area are considerably higher than in the long-haul area on a per-mile basis. More urban areas’ routes have considerably higher pricing in the metro area than the suburban and exurban areas’ routes. This is due to the rising demand for a fiber network in urban areas. Occasionally, owing to the glut of fiber, the prices of dark fiber networks push down in the urban areas. Moreover, it has been observed that the dark fiber prices in the long-haul areas are more consistent than in the metro-area routes.
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Key Companies Profile
Some of the prominent players operating in the U.S. dark fiber network market are:
- AT&T Intellectual Property
- Comcast
- Consolidated Communications
- Verizon Communications, Inc.
- Lumen Technologies, Inc.
- Crown Castle International Corp.
- Frontier Communications Parent, Inc.
- Zayo Group, LLC
Order a free sample PDF of U.S. Dark Fiber Network Market Intelligence Study, published by Grand View Research.
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