Dark Fiber Market Expects Significant Growth, Reports Verified Market Research

Growth is spurred by industry desire to stay ahead of future fiber demand.

Dark Fiber Market Expects Significant Growth, Reports Verified Market Research
Illustration of lit fiber

June 27, 2024 – A Verified Market Research report released on Tuesday indicates that the dark fiber market, valued at $5 billion in 2023, is expected to reach $12.81 billion by 2031.  

The growth will be driven by the increasing need for high-speed internet, with fiber offering reliable speed and capacity, the expansion of cloud services and Internet of Things for extensive data storage, and the deployment of 5G networks for enhanced performance, said the report.

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