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Based on type, the, single mode segment accounted for a market share of over 30% in 2023, due to its ability to transmit data over longer distances with minimal signal loss. As it can send data over longer distances with less signal loss, single mode is witnessing significant growth. Single-mode dark fibers are essential for supporting applications such as data centers, telecommunications networks, and high-performance computing as the need for fast, long-distance communication grows. Due to its effectiveness in sending signals over long distances, it is a favored option for backbone networks.
Based on network type, the long-haul networks segment is anticipated to register a CAGR of over 12% through 2032. The demand for high-capacity, low-latency connectivity across large geographic distances is driving significant growth in the long-haul networks segment. Applications including intercity data transport, mobile network backhaul, and data center connectivity are all made possible by long-haul dark fiber networks. The demand for efficient & dependable connectivity over long distances is driving the adoption of long-haul dark fibers and substantially propelling the overall market growth as a result of the global expansion of data-intensive services and growing reliance on cloud computing.
Asia Pacific dominated the global dark fiber market with a major share of over 25% in 2023, due to factors such as rising internet usage, fast urbanization, and rising demand for high-speed connectivity. The need for dependable and scalable dark fiber networks is fueled by the region's growing data center infrastructure as well as the uptake of cutting-edge technologies such as 5G and IoT. Government initiatives in smart city development and digital transformation are further propelling market growth. Dark fiber providers find ample opportunities in the Asia Pacific region, meeting the changing connectivity needs of various industries as businesses look for cost-effective data transmission solutions.