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The global dark fiber market is projected to reach USD 8.7 billion by 2026 from an estimated USD 5.2 billion in 2021, at a CAGR of 11% from 2021 to 2026.
Rising demand for 5G networks and increasing demand for internet bandwidth is among the factors driving the growth of the dark fiber market.
Single mode fiber segment held the major share of dark fiber market
Based on type, the single mode fiber segment is estimated to hold a larger share of the dark fiber market compared to the multimode fiber segment in 2021, and this segment will continue to hold a dominant market position during the forecast period. Single mode fibers are best suited for longer transmission distances, such as multi-channel television broadcast systems and long-distance telephony.
Global Dark Fiber Markets 2021-2026: Telecommunication Industry to Create Lucrative Opportunities - Need for Heavy Data Handling in Manufacturing and Logistics Sectors
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Dark Fiber Market worth $8 7 billion by 2026
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Dark Fiber Market worth $8.7 billion by 2026 - Exclusive Report by MarketsandMarkets
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 , published by MarketsandMarkets, the 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. The rising demand for 5G network is among the factors driving the growth of the dark fiber market.
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Single mode fiber segment to projected to register the highest CAGR between 2021 to 2026