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Wealth Management Software Market

  • Report Code : NIS 1026
  • 2025-07-16 00:00:00
  • Format : PDF, Excel
  • Pages : 222
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Current NDCs

Current Industry Revenue

8.36 Bn%

2024

Forecasted Industry Revenue

29.70 Bn

2035

CAGR %

11.2%

2025-2035

Report Attribute Details
Target year

2024

Conditionality

No conditionality Available

Gases covered

2025-2035

No conditionality Available

2021-2023

No section_coverd_description Available

(USD Billion)

One-Time / Quarterly / Annual Updates

The Dark Fibre Market is anticipated to register significant growth on a global scale, with value climbing to US$ 29.70 billion by 2035 from the estimated US$ 8.36 billion in 2024, growing at a CAGR of 11.2%. 

Market Dynamics

Exploding Data Consumption and Bandwidth Demands

The surge in global data traffic, driven by the large-scale uptake of bandwidth-hungry applications including high-definition video streaming, online games, and cloud services, is driving the dark fiber market growth. As per the Telecom Regulatory Authority of India (TRAI), India's average user per month data usage between 2018 and 2023 rose from 9.1 GB to 14.1 GB, reflecting an exponential growth in data usage. Such increasing demand requires strong and scalable network infrastructure, which dark fiber naturally provides, enabling businesses and service providers to operate their networks with greater control and capacity. The capacity to light up other fibers on a just-in-time basis offers unmatched flexibility and, as such, is an essential tool in meeting the increasingly vast data environment.

5G Network Deployments and Edge Computing Expansion

The rapid rollout of 5G networks worldwide is an enormous stimulus for the dark fiber market. 5G technology is basically based on a very high-density and high-capacity fiber backbone to interconnect many small cells and base stations to provide ultra-high speeds and low latency. The Indian Department of Telecommunications foresees 500 million 5G subscribers by 2027, which will require a massive build-out of fiber infrastructure. In parallel, the advent of edge computing, which reduces latency by bringing data processing near the source of data origin, also requires ubiquitous dark fiber connectivity. These two phenomena together give rise to a huge demand for dark fiber, allowing operators to create future-proof networks with the ability to handle next-generation applications.

Increasing Connectivity in Emerging Markets

Emerging economies offer huge prospects for the dark fiber market, sustained by growing digitalization drives and government investments in digital infrastructure. India, with initiatives like BharatNet for connecting rural India with broadband connectivity, is proactively laying large optical fiber networks. By 2023, the BharatNet initiative had already laid more than 500,000 km of optical fiber cable, as per the Department of Telecommunications. This growing infrastructure offers a rich soil for dark fiber adoption as regional service providers and businesses aim to take advantage of this installed, dark capacity for their respective requirements, especially for growth of internet access and hosting local data centers. The political initiative for digital inclusion poses a basic requirement that the scalable aspect of dark fiber can adequately fulfill.

Increasing Need for Private and Secure Networks

In the age of increased cybersecurity threats and greater regulatory oversight, there is a growing need for private and secure network infrastructure creating a huge opportunity for the dark fiber market. Enterprises, especially in industries such as BFSI and healthcare, need isolated and dedicated network pathways to protect data privacy and governance. Dark fiber provides unmatched security because the network is completely under the user's control, with less exposure to the vulnerabilities of public networks. In addition, the capability to install bespoke optical protocols on dark fiber offers greater flexibility to deploy sophisticated security features. The trend is compounded by increased amounts of highly sensitive data and requirements for strong, uncompromised connectivity, so that dark fiber emerges as a high-priority choice for organizations demanding security and control.

Key Market Indicators

The following Key Market Indicators present a comprehensive overview of the social and economic landscape of the selected region, offering critical insights into market-specific trends and developments. These indicators, combined with data from government statistics, industry associations, and corporate sources, form the analytical foundation of NextGen Intelligence Stats' market models.

  • Fiber Network Coverage
  • Data Traffic Growth Rate
  • 5G and Data Center Deployment Rate
  • Urban vs Rural Fibre Penetration

Pricing Analysis

Company Market Share Analysis

Market Scope

Aspects Details
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Base Year

2024

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Historic Data

2021-2023

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Forecast Period

2025-2035

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Regions & Countries Covered

North America (United States, Canada), Europe (Germany, France, Italy, United Kingdom, Spain, Rest of Europe), Asia Pacific (China, Japan, South Korea, India, Rest of Asia Pacific), Latin America (Brazil, Argentina, Rest of Latin America), Middle East&

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Companies Profiles

  • GTT Communications, Inc.
  • Vikram Group
  • UFINET
  • DEPL
  • Landmark Dividend LLC.
  • Unite Private Networks
  • Sterlite Power
  • Colt Technology Services Group Limited
  • Consolidated Communications
  • <

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Segmentation Level Customization

  • Additional Segments and Sub Segment
  • Cross-split Segments
  • Additional Countries with all segments

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Company Level Customization

  • Market share analysis at country levels
  • Market tractable revenue
  • Distributor lists
  • Quarterly Revenue (Q1,Q2,Q3,Q4)
  • Forecast revenue
  • Pricing analysis

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Country level Data Customization

Segmental volume analysis

Pricing Analysis of Product

Company Market Share

Recent Development

July 2023: Cox Communications finalized the acquisition of Unite Private Networks (UPN). This strategic acquisition unites UPN and Cox-owned Segra into a new independent fiber company that drives growth in Cox's commercial fiber offerings. The acquisition is intended to bolster the combined company's capacity to serve customers with a larger footprint and larger network capabilities.

June 2023: GTT Communications bought a regional fiber network firm, gaining 500 miles of dark fiber to its existing infrastructure. This move was one of many that GTT has undertaken to bolster its global network offerings and deliver enhanced services, specifically to expand its reach and capacity for enterprise and carrier customers.

November 2023: FirstLight launched a new alliance with Bell to provide new high-speed paths with triple redundancy between Secaucus, NJ, Toronto, and Montréal. The collaboration is meant to improve connectivity as well as provide more resilient network solutions for customers needing strong and reliable data transmission across the US/Canadian borders.

Competitive Landscape

The global dark fiber market is dominated by a dynamic competitive landscape, which includes a combination of traditional telecommunication giants, niche dark fiber providers, and infrastructure investment companies. The market witnesses a strategic emphasis on geographical expansion, especially in high-growth urban centers and under-served regions, through organic expansion and strategic acquisitions. Firms are focusing more on customized solutions, meeting individual bandwidth, latency, and security requirements. In addition to this, partnerships and alliances are prevalent, allowing firms to expand their reach through networks and create a wider range of services. The rivalry pressure is fuelled by the ongoing demand for scalable and trustworthy underlying infrastructure to host nascent technology such as 5G, IoT, and cloud computing that compels competitors to become creative in designing networks, operational effectiveness, and customer experience. 

•    GTT Communications, Inc.
•    Vikram Group
•    UFINET
•    DEPL
•    Landmark Dividend LLC.
•    Unite Private Networks
•    Sterlite Power
•    Colt Technology Services Group Limited
•    Consolidated Communications
•    NexGen Networks
•    Sorrento Networks
•    FirstLight
•    Microscan
•    Verizon Communications, Inc.
•    Lumen Technologies, Inc.
•    NTT communications Corporation
•    Zayo Group, LLC
•    AT&T, Inc.
•    Windstream Holdings, Inc.
•    Crown Castle International Corp.
•    Fiber Light, LLC.
•    Comcast Corporation
•    Others

Key Questions Answered in the Report

The Dark Fibre Market is anticipated to register significant growth on a global scale, with value climbing to US$ 29.70 billion by 2035 from the estimated US$ 8.36 billion in 2024, growing at a CAGR of 11.2%. 

Dark Fiber Market growing at a CAGR of 11.2% The surge in demand for high-bandwidth connectivity, fuelled by rising data consumption and far-reaching growth of digital services, is driving market growth.

Exploding Data Consumption and Bandwidth Demands, 5G Network Deployments and Edge Computing Expansion, Increasing Connectivity in Emerging Markets, Increasing Need for Private and Secure Networks

North America grabbed the highest market share in the global dark fiber market, accounting for 30.26% share in 2024.

  • GTT Communications, Inc, Vikram Group, UFINET, DEPL, Landmark Dividend LLC, Unite Private Networks, Sterlite Power, Colt Technology Services, Group Limited, Consolidated Communications
Current NDCs

Current Industry Revenue

2.26 Bn%

2024

Forecasted Industry Revenue

9.19 Bn

2035

CAGR %

12.3%

2025-2035

Report Attribute Details
Target year

2024

Conditionality

No conditionality Available

Gases covered

2025-2035

No conditionality Available

2021-2023

No section_coverd_description Available

(USD Billion)

One-Time / Quarterly / Annual Updates

                                                     Dark Fibre Market Share, By Network Type 2024

 

                                                Source: NextGen Intelligence Stats and Consulting LLP

Dark Fiber Market Analysis by Fiber Type

By Fiber Type, the market is segmented into Single Mode and Multi-mode. The single mode segment is the largest and fastest growing segment in the global dark fiber market by fiber type. This is because it has an enhanced ability to carry data over long distances with minimal signal attenuation, thus it is best suited for backbone networks and long-haul use. Its significance is due to its ability to carry higher bandwidths and allow for higher network scalability, essential to interconnect metropolitan areas, data centers, and global gateways. Growth of single mode fiber is driven by the insatiable need for low-latency, high-speed connectivity for 5G backhaul, inter-data centre connections, and increasing global internet infrastructure. Its natural attribute of high bandwidth and long reach make it crucial for next-generation network deployments.

 

Dark Fiber Market Analysis by Network Type

By Network Type, the market is classified into Metro and Long-haul. The long-haul is the largest segment in the global dark fiber market. The long-haul acquired 28.60% share due to its imperative need for intercity and international connectivity to enable global data traffic. Long-distance dark fiber networks constitute the backbone of the internet, connecting central data centers, cities, and continents, facilitating the movement of large volumes of information. The metro is most rapidly growing segment during the forecast period. This segment is witnessing the most rapid expansion as a result of growing densification of networks in urban and suburban locations, fuelled by the deployment of 5G and the spread of edge computing. Metro dark fiber links heterogeneous points within a city, such as cell towers, data centers, businesses, and neighborhoods, providing low-latency and high-bandwidth last-mile connectivity. 

 

Dark Fiber Market Analysis by Material

By Material, the market is further segregated as Glass and Plastic. The glass segment acquired highest share in the dark fiber market. Glass optical fibers led the market because of their better transmission properties for transferring high bandwidth and long-distance data with low signal attenuation. Their importance is based on the capability to carry the huge data streaming necessary for contemporary telecommunications, internet backbone, and data center interconnectivity. Glass fibers provide superior performance and reliability over plastic solutions and have become the standard for high-performance dark fiber deployments. Glass is also the most rapidly growing material segment in the market globally. This growth is fuelled by the ongoing innovation in glass fiber production, creating still higher performance and lower-cost solutions. Though plastic fiber (POF) enjoys specialty uses, the sheer demand for high-capacity low-latency networks and especially after 5G and cloud adoption, makes glass the material of choice and the fastest growing segment. 

 

Dark Fiber Market Analysis by Application

By Application, the market is segmented into Telecom, Oil & Gas, Military & Aerospace, BFSI, Medical, Railway, and Others. Telecom is the largest segment in the global dark fiber market. This segment acquired the largest market share since telecommunication service providers are the biggest buyers of dark fiber, using it to construct and extend their core networks, backhaul mobile data, and provide high-speed connectivity to enterprises and consumers. Telecom operators use dark fiber for its scalability to control their own network capacity effectively and roll out new services quickly. The BFSI is projected to grow at highest pace during the forecast period. It is growing with high speed as there is growing demand for extremely secure, low-latency, and dedicated network infrastructure for monetary transactions, data archiving, and disaster recovery. The BFSI industry's growing dependence on real-time data processing, algorithmic trading, and tight regulatory compliance calls for the utilization of private, high-throughput networks that dark fiber can facilitate. 

Current NDCs

Current Industry Revenue

XX

XX

Forecasted Industry Revenue

XX

XX

CAGR %

12.2%

2025-2035

Report Attribute Details
Target year

2024

Conditionality

No conditionality Available

Gases covered

2025-2035

No conditionality Available

2021-2023

No section_coverd_description Available

(USD Billion)

One-Time / Quarterly / Annual Updates

30.26 % North America

Table of Contents

1.1.    Introduction
1.2.    Report Description & Objective
1.3.    Assumption And Limitation

2.1.    Data Collection
2.2.    Primary Research & Secondary Research
2.3.    Bottom-Up Approach & Top-Down Approach
2.4.    Market Analysis & Size Estimation
2.5.    Quality Check & Final Review

3.1.    Report Scope
3.2.    Executive Summary

4.1.    Top Trends To Watch
4.2.    Top Strategies Followed By Key Players
4.3.    Top Investment Pockets

5.1.    Market Definition
5.2.    Market Drivers
5.3.    Market Restraints & Challenges
5.4.    Market Opportunities

6.1.    Porter’s Five Forces’ Analysis
6.2.    Value Chain Analysis / Supply Chain Analysis
6.3.    PESTLE Analysis
6.4.    Regulatory Landscape
6.5.    Pricing Analysis

7.1.    Global Dark Fiber Market, By Fiber Type
7.2.    Global Dark Fiber Market Attractiveness, By Fiber Type
          7.2.1.    Single Mode
          7.2.2.    Multi-Mode

8.1.    Global Dark Fiber Market, By Network Type
8.2.    Global Dark Fiber Market Attractiveness, By Network Type
          8.2.1.    Metro
          8.2.2.    Long-haul

9.1.    Global Dark Fiber Market, By Material
9.2.    Global Dark Fiber Market Attractiveness, By Material
          9.2.1.    Glass
          9.2.2.    Plastic
          9.2.3.    Others

10.1.    Global Dark Fiber Market, By Application
10.2.    Global Dark Fiber Market Attractiveness, By Application
          10.2.1.    Telecom
          10.2.2.    Oil & Gas
          10.2.3.    Military & Aerospace
          10.2.4.    BFSI
          10.2.5.    Medical
          10.2.6.    Railway
          10.2.7.    Others

11.1.    Global Dark Fiber Market, By Geography
11.2.    Global Dark Fiber Market Attractiveness, By Geography
          11.2.1.    North America
          11.2.2.    Europe
          11.2.3.    Asia Pacific
          11.2.4.    Middle East & Africa
          11.2.5.    Latin America

12.1.    North America Market Overview, By Countries
12.2.    North America Market Overview, By Fiber Type
12.3.    North America Market Overview, By Network Type
12.4.    North America Market Overview, By Material
12.5.    North America Market Overview, By Application
          12.5.1.    United States 
          12.5.2.    Canada 

13.1.    Europe Market Overview, By Countries
13.2.    Europe Market Overview, By Fiber Type
13.3.    Europe Market Overview, By Network Type
13.4.    Europe Market Overview, By Material
13.5.    Europe Market Overview, By Application
          13.5.1.    Germany 
          13.5.2.    France 
          13.5.3.    UK 
          13.5.4.    Italy 
          13.5.5.    Spain 
          13.5.6.    Rest of Europe 

14.1.    Asia Pacific Market Overview, By Countries
14.2.    Asia Pacific Market Overview, By Fiber Type
14.3.    Asia Pacific Market Overview, By Network Type
14.4.    Asia Pacific Market Overview, By Material
14.5.    Asia Pacific Market Overview, By Application
          14.5.1.    India 
          14.5.2.    China 
          14.5.3.    Japan 
          14.5.4.    South Korea 
          14.5.5.    Rest of Asia Pacific 

15.1.    Middle East & Africa Market Overview, By Countries
15.2.    Middle East & Africa Market Overview, By Fiber Type
15.3.    Middle East & Africa Market Overview, By Network Type
15.4.    Middle East & Africa Market Overview, By Material
15.5.    Middle East & Africa Market Overview, By Application
          15.5.1.    GCC 
          15.5.2.    South Africa 
          15.5.3.    Rest of Middle East & Africa 

16.1.    Latin America Market Overview, By Countries
16.2.    Latin America Market Overview, By Fiber Type
16.3.    Latin America Market Overview, By Network Type
16.4.    Latin America Market Overview, By Material
16.5.    Latin America Market Overview, By Application
           16.5.1.    Brazil 
           16.5.2.    Argentina 
           16.5.3.    Rest of Latin America 

17.1.    Key Developments
          17.1.1.    Partnerships, Collaborations, Agreements
          17.1.2.    Mergers & Acquisitions
          17.1.3.    New Product Developments
          17.1.4.    Other Developments
17.2.    Company Share Analysis
17.3.    Company Profiles
          17.3.1.    GTT Communications, Inc.
                       17.3.1.1.    Company Overview
                       17.3.1.2.    Product Overview
                       17.3.1.3.    Financial Insights
                       17.3.1.4.    Recent Developments
                       17.3.1.5.    SWOT Analysis
          17.3.2.    Vikram Group
          17.3.3.    UFINET
          17.3.4.    DEPL
          17.3.5.    Landmark Dividend LLC.
          17.3.6.    Unite Private Networks
          17.3.7.    Sterlite Power
          17.3.8.    Colt Technology Services Group Limited
          17.3.9.    Consolidated Communications
          17.3.10.    NexGen Networks
          17.3.11.    Sorrento Networks
          17.3.12.    FirstLight
          17.3.13.    Microscan
          17.3.14.    Verizon Communications, Inc.
          17.3.15.    Lumen Technologies, Inc.
          17.3.16.    NTT communications Corporation
          17.3.17.    Zayo Group, LLC
          17.3.18.    AT&T, Inc.
          17.3.19.    Windstream Holdings, Inc.
          17.3.20.    Crown Castle International Corp.
          17.3.21.    Fiber Light, LLC.
          17.3.22.    Comcast Corporation

Research Methodology

Data Collection

Primary Research & Secondary Research

Bottom-Up Approach & Top-Down Approach

Market Analysis & Size Estimation

Quality Check & Final Review

Market segmentation

By Fiber Type
•    Single Mode
•    Multi-mode

By Network Type
•    Metro
•    Long-haul

By Material
•    Glass
•    Plastic
•    Others

By Application
•    Telecom
•    Oil & Gas
•    Military & Aerospace
•    BFSI
•    Medical
•    Railway
•    Others