Market revenue in 2022 | USD 1,242.5 million |
Market revenue in 2030 | USD 2,588.9 million |
Growth rate | 9.6% (CAGR from 2022 to 2030) |
Largest segment | Multi-mode |
Fastest growing segment | Multi-mode |
Historical data covered | 2017 - 2021 |
Base year for estimation | 2022 |
Forecast period covered | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Single Mode, Multi-mode |
Key market players worldwide | AT&T, Comcast Corp Class A, Consolidated Communications Holdings Inc, Lumen Technologies Inc Ordinary Shares, Verizon Communications Inc, Microscan Systems, Colt Technology, Global Telecom & Technology (GTT), Windstream, Zayo |
Multi-mode was the largest segment with a revenue share of 62.33% in 2022. Horizon Databook has segmented the Europe dark fiber network market based on single mode, multi-mode covering the revenue growth of each sub-segment from 2017 to 2030.
The dark fiber network, including the terrestrial as well as subsea systems, is expected to propel due to increasing data processing and digitization in the Nordic data center market.
The dark fiber network is used for endoscopic applications in the medical industry. They are also used for diagnostic and intensive care in clinical applications; laboratory testing, and research.
The 5G network in the European region is expected to manage various connectivity requirements, from indoor communications to dense areas to sparsely populated areas. This scenario is expected to increase the dependence of mobile operators on the dark fiber network.
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