According to the research report titled ‘Global Dark Fiber Networks Market Size study with COVID-19 impact, by Fiber Type (Single Mode, Multi-Mode), by Network Type (Metro Dark Fiber Networks, Long-Haul Dark Fiber Networks), by End-User (Internet Service Providers (ISPs) & Telecom, Banks, Financial Services & Insurance (BFSI), IT & IT Enabled Services (ITeS), Education, Manufacturing & Logistics, Others) and Regional Forecasts 2020-2027‘, available with Market Study Report, global dark fiber networks market was valued at USD 5.7 billion in 2019 and is expected to witness a CAGR of 10.5% during 2020-2027.
 

Rising number of internet users, increasing focus among tech giants for building their own networks, and introduction of fiber optic networks are the major factors expected to drive global dark fiber networks market over the forecast period. For example, Reliance Jio Infocomm announced the deal of dark fiber with Bharat Broadband Network Ltd. in 2017.
 

Furthermore, rise in number of internet users is fueling the demand for dark fiber networks. Increasing prevalence of COVID-19 has boosted internet consumption among individuals, propelling the augmentation of networking infrastructure, thereby positively impacting global dark fiber networks outlook.
 

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Dark fiber network is a feasible solution for various companies opting for better network communication and management. Dark fiber is added with fiber-optic communication network to provide private networking, internet infrastructure networking, and internet access. Although, high installation costs and lack of skilled IT professionals are acting as restraining factors for global dark fiber networks market forecasts over 2020-2027.
 

Based on end-user scope, global dark fiber networks market is classified into education, internet service providers & telecom, IT & IT enabled services (ITeS), banks, financial services & insurance (BFSI), manufacturing & logistics, and others. With regards to the network type, the industry is bifurcated into long-haul dark fiber networks, and metro dark fiber networks. With respect to fiber type, the industry is segmented into single mode, and multi-mode.
 

As per regional analysis, North America was the major revenue contributor of global dark fiber networks industry in the recent past, mainly due to rising internet users and increasing investments by the leading companies to adopt the solution.
 

Meanwhile, Asia Pacific dark fiber networks market is anticipated to witness highest growth rate over 2020-2027, on account of rising internet penetration and widespread mobile usage in countries like China and India.
 

Major players operating in global dark fiber networks market include Level 3 Communications Inc., Windstream Services LLC, Zayo Group Holdings Inc., AT&T Inc., Colt Group SA, Comcast Corporation, NTT Communications, Interoute Communications Ltd., FairPoint Communications Inc., and Verizon Communications Inc.