Blockchain Press Releases
Dark Fiber Market worth $11.9 billion by 2028 – Exclusive Report by MarketsandMarkets™
CHICAGO, June 22, 2023 /PRNewswire/ — The Dark Fiber Market is projected to grow from USD 6.6 billion in 2023 to reach USD 11.9 billion by 2028; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 12.5% from 2023 to 2028 according to a new report by MarketsandMarkets™. The growth of the dark fiber market is driven by rising demand for 5G network, increasing demand for internet bandwidth, growing demand for reliable and secure network are the major factors driving growth of the dark fiber market.
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Browse in-depth TOC on “Dark Fiber Market”
157 – Tables
54 – Figures
243 – Pages
Dark Fiber Market Report Scope:
Report Coverage |
Details |
Market Revenue in 2023 |
$6.6 billion |
Estimated Value by 2028 |
$11.9 billion |
Growth Rate |
Poised to grow at a CAGR of 12.5% |
Market Size Available for |
2019–2028 |
Forecast Period |
2023–2028 |
Forecast Units |
Value (USD Million/Billion) |
Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered |
By Single-mode Fiber, Multimode Fiber, Network Type, Material, End User and Region |
Geographies Covered |
North America, Europe, Asia Pacific, and Rest of World |
Key Market Challenge |
Lack of proper monitoring systems |
Key Market Opportunities |
Augmented global demand for data centers |
Key Market Drivers |
Rising demand for 5G network |
By type, the single mode fiber are projected to hold the largest share of the dark fiber market during the forecast period.
The single mode fiber segment held the larger market share in 2022 and is expected to exhibit a higher growth during the forecast period. Single mode fiber is best suited for longer transmission distances, such as multi-channel television broadcast systems and long-distance telephony. Also, single mode fiber has lower fiber attenuation and transmits more information per unit of time than multimode fiber.
By network type, long haul segment is projected to exhibit highest CAGR for the dark fiber market during the forecast period.
The long-haul segment held the largest share of the dark fiber industry in 2022 and is estimated to grow at the highest CAGR during the forecast period. Long haul dark fiber is increasingly being used in video transmission, cloud computing, and 5G/4G/LTE mobile applications. These networks constitute the backbone of global networks wherein cost-effective upgrades and expansion to 100G and beyond are essential. The long-haul networks are widely applied in undersea cabling across long oceanic distances and at notional demarcation lines, thus attracting the participation of several dark fiber ecosystem players in terms of investments. For instance, in February 2023, Bharti Airtel (India) selected Ribbon Communications to deploy long-haul DWDM network. The deployment is based on a disaggregated approach, as part of Airtel’s modernization strategy to offer cost-effective 5G mobile backhaul and enterprise business connectivity through Northwestern India.
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North America is expected to hold the largest share in the market by 2028.
The North American region is expected to hold the largest share of the dark fiber market during the forecast period. North America is the largest contributor to the dark fiber market due to the presence of dark fiber service providers in the US, including AT&T, Verizon Communications, Inc., CenturyLink, Inc., Consolidated Communications, and Exa Infrastructure (GTT communications Inc.) An increase in the use of data centers across various business verticals and the early adoption of the latest technologies are expected to contribute to market growth. Various US-based companies, such as Amazon Web Services (AWS), Google, and Microsoft, are increasing their investments in data center construction. The growth will be driven by the US, wherein data centers manage the high volume of data generated, which fuels the market growth. Data centers use dark fiber optic cables to save on costs, improve latency, and provide redundancy. In North America, companies are focusing on expanding the fiber network proving high speeds. Several carriers, municipalities, and planned communities across the US are deploying smaller fiber networks. Cities such as Bristol, Virginia; Burlington, Vermont; Lafayette, Louisiana; Johnson City, Tennessee; Orono, Maine; Minneapolis, Minnesota; and the six counties around Chattanooga, Tennessee are served by the Electric Power Board.
Key Market Players
Major vendors in the dark fiber companies include AT&T (US), Verizon Communications, Inc. (US), CenturyLink (Lumen Technologies) (US) Colt Technology Services Group Limited (UK), Comcast Corporation (US), Consolidated Communications (US), Exa Infrastructure (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.
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About MarketsandMarkets™
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The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
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Blockchain Press Releases
TiltPlay Launches as a Gaming Platform on the Soneium Ecosystem
“The Game is On”
TAIPEI, Jan. 23, 2025 /PRNewswire/ — TiltPlay, a gaming platform offering fast-paced and engaging casual games, is proud to announce its official launch on the Soneium ecosystem. This launch positions TiltPlay as dynamic, skill-focused gaming experience to the Web3 space.
TiltPlay combines accessible gameplay with innovative technology to deliver a seamless experience across platforms, including Telegram mini-apps and web browsers. The platform’s unique approach introduces:
- Exciting Game Variety: A growing library of casual games designed to challenge and entertain.
- Skill-Based Progression: Players are rewarded for their mastery and expertise, ensuring a fair and fun competitive environment.
- Web3 Integration: Built on Soneium, providing a decentralized and secure gaming experience.
“With TiltPlay, we’re redefining mini-games by putting fun and skill at the forefront,” said Jeffrey Huang, Product Director at TiltPlay. “Our collaboration with the Soneium ecosystem allows us to deliver a platform that’s accessible, enjoyable, and innovative for all players.”
TiltPlay is now live, inviting gamers worldwide to dive into its features, test their skills, and connect with a vibrant community.
For more information about TiltPlay, visit TiltPlay.gg.
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Blockchain Press Releases
Purchasers of Quantstamp QSP Tokens May Be Eligible for Payment from the Quantstamp Fair Fund
COSTA MESA, Calif., Jan. 22, 2025 /PRNewswire/ — The following statement is being issued by Simpluris, Inc., the SEC-appointed Fund Administrator.
UNITED STATES OF AMERICA
Before the
SECURITIES AND EXCHANGE COMMISSION
In the Matter of Quantstamp, Inc.
Administrative Proceeding File No. 3-21535
This Notice is Pursuant to a Distribution Plan approved by the United States Securities and
Exchange Commission in the captioned matter.
If you purchased or acquired Quantstamp QSP tokens from October 1, 2017, through July 20, 2023, inclusive, you may be eligible for a distribution from the Fair Fund created in the Securities and Exchange Commission (“SEC”) administrative proceeding captioned above (the “Fair Fund”).
The Fair Fund is being distributed pursuant to a Distribution Plan (the “Plan”) approved by the SEC. The Plan provides for the distribution of the Fair Fund to compensate investors based on their losses, due to the misconduct of Quantstamp, Inc. described in the SEC’s administrative proceeding, on the purchase of QSP tokens from October 1, 2017 through July 20, 2023. You can view and download a copy of the SEC’s order and the Plan on the Important Documents tab on the website for this matter: www.QuantstampFairFund.com/documents.
To be considered for eligibility for a Distribution Payment from the Fair Fund, you must timely submit a completed Claim Form online or via mail. Claim Forms completed online must be submitted on or before 11:59 p.m. Eastern Standard Time (“EST”) on April 10, 2025. Claim Forms submitted via mail must be sent to the address provided on the Claim Form and postmarked (or if not sent by U.S. Mail, received) by April 10, 2025.
You may complete the Claim Form online here: www.QuantstampFairFund.com/form/claim. Alternatively, you may download a paper copy from of the Claim Form on the Important Documents page www.QuantstampFairFund.com/documents, or request a copy of the paper Claim Form from the Fund Administrator via email at [email protected] or by calling 833-215-6101, for submission by mail to the address set forth on the Claim Form.
ADDITIONAL INFORMATION
Additional information regarding the Fair Fund, including copies of the Plan, the Plan Notice, the Claim Form, and other relevant documents may be found at www.QuantstampFairFund.com. You may request copies or seek additional information by contacting the Fund Administrator.
Email: |
|
Call: |
833-215-6101 |
Write: |
Quantstamp Fair Fund |
Fund Administrator |
|
P.O. Box 25381 |
|
Santa Ana, CA 92799 |
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Blockchain
Humanity Protocol Collaborates with OKX Wallet to Redefine Decentralized Identity Verification and Reward Users
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