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AI Fuels Transformation in Dark Fiber Market, Projected to Grow by USD 9.4 Billion from 2024 to 2028 Due to Rising Global Internet Traffic

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NEW YORK, Sept. 30, 2024 /PRNewswire/ — Report with the AI impact on market trends- The global dark fiber market size is estimated to grow by USD 9.4 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 15.19%  during the forecast period. Rise in global internet traffic is driving market growth, with a trend towards increasing global connectivity projects. However, high initial investments and leasing cost of dark fiber  poses a challenge. Key market players include AiNET, AT and T Inc., CityFibre Holdings Ltd., Consolidated Communications Holdings Inc, Crown Castle Inc., DataWeb BV, Eurofiber Nederland B.V., EXA Infrastructure., Fatbeam LLC, FiberLight LLC, Frontier Communications Parent Inc., Horizon, Lumen Technologies Inc., Microscan Infocommtech Pvt Ltd., Neos Network Ltd, Nippon Telegraph and Telephone Corp., Quebecor World Inc, Sterlite Power Transmission Ltd., Verizon, Windstream Intellectual Property Services LLC, and Zayo Group LLC.

Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View the snapshot of this report

Dark Fiber Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 15.19%

Market growth 2024-2028

USD 9428.3 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

13.37

Regional analysis

North America, Europe, APAC, Middle East and Africa, and South America

Performing market contribution

North America at 41%

Key countries

US, China, UK, Germany, and Japan

Key companies profiled

AiNET, AT and T Inc., CityFibre Holdings Ltd., Consolidated Communications Holdings Inc, Crown Castle Inc., DataWeb BV, Eurofiber Nederland B.V., EXA Infrastructure., Fatbeam LLC, FiberLight LLC, Frontier Communications Parent Inc., Horizon, Lumen Technologies Inc., Microscan Infocommtech Pvt Ltd., Neos Network Ltd, Nippon Telegraph and Telephone Corp., Quebecor World Inc, Sterlite Power Transmission Ltd., Verizon, Windstream Intellectual Property Services LLC, and Zayo Group LLC

Market Driver

The global dark fiber market is experiencing significant growth due to the increasing emphasis on global connectivity projects. These initiatives focus on establishing high-capacity, long-haul dark fiber networks to connect different regions and continents, enhancing international communication and data transfer capabilities. Transoceanic submarine cable systems, such as the MAREA cable connecting the US and Europe, are prime examples of these projects. With eight fiber pairs capable of transmitting data at 200 terabits per second, these cables enable fast and dependable communication between continents, making them a vital component of the global telecommunications infrastructure. The ongoing investment in such initiatives underscores the importance of dark fiber in supporting the digital economy by ensuring reliable, low-latency, and high-bandwidth connections between major data hubs worldwide. This trend is driven by the expansion of cloud services, data-intensive applications, and the global nature of modern businesses, and will continue to fuel the growth of the global dark fiber market. 

The Dark Fiber market is experiencing significant growth due to the increasing demand for high-speed connectivity and low-latency in urban areas. With the rollout of 5G networks, the need for more bandwidth and reliable communication infrastructure is becoming crucial. Network operators are investing in Dark Fiber Networks, which are unlit fiber optic cables, to meet this demand. This trend is particularly relevant for telecommunications applications in industries such as Augmented Reality, Virtual Reality, Autonomous Vehicles, and OTT Platforms. GTT Communications, Landmark Dividend, Unite Private Networks, Crown Castle, NexGen Networks, Sorrento Networks, FirstLight, Windstream, and others are key players in this market. Dark Fiber is cost-effective for businesses requiring large bandwidth, making it an attractive option for industries like Oil and Gas, Military and Defense, and Medical. With enhanced security features and fiber optic communications, Dark Fiber Networks offer reliable and efficient network management for Internet Bandwidth and Connectivity, making it a valuable asset in the Telecom Industry. 

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Market Challenges

The global dark fiber market faces significant challenges due to the high upfront investments and leasing costs required to activate the dark fiber. Establishing a dark fiber connection involves integrating necessary equipment, such as amplifiers, filters, receivers, and transmitters, which adds to the overall expense. These costs are typically passed on to customers. Leasing dark fiber prices vary depending on the location and bandwidth requirements, with examples like Palo Alto Utilities charging USD213USD425 per month per mile for one fiber strand, while others impose a licensing fee of USD5,000 and an annual maintenance fee of USD2,000. Upgrading and expanding the network capacity necessitates replacing and upgrading existing equipment, leading to additional costs. Identifying faults in long-haul optical fiber networks can be time-consuming and costly, further hindering market growth during the forecast period.The Dark Fiber market is experiencing significant growth due to increasing bandwidth needs for digital transformation, intelligent machine networking, and the rise of technologies like 5G, Edge Computing, AI, AR, and VR. Optical Technology Devices pose integration challenges for customized networks, requiring scalable solutions for handling sensitive data. Long-haul and metro networks dominate, with single mode fiber and glass fiber leading the way. However, logistical complexities and personnel training are key hurdles. The BFSI sector, healthcare, railway industry, and military and aerospace rely on fiber optics for disaster recovery and high-speed internet. IT-enabled services, gaming, video streaming, monitoring systems, and cloud-based networking also drive demand. The market is diverse, catering to various industries, with fiber optic networks becoming essential for data-intensive applications and industries like BFSI, healthcare, and military and aerospace.

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Segment Overview 

This dark fiber market report extensively covers market segmentation by

Service 1.1 Long-haul services1.2 Short-haul services1.3 Colocation facilities servicesType 2.1 Multi-mode2.2 Single-modeGeography 3.1 North America3.2 Europe3.3 APAC3.4 Middle East and Africa3.5 South America

1.1 Long-haul services-  The Dark Fiber market refers to the sale and lease of unused optical fiber cables and associated infrastructure. Companies can purchase or lease these cables to establish their own private communication networks, bypassing traditional service providers. Dark Fiber offers greater control, security, and cost savings, making it an attractive option for businesses with high bandwidth requirements. Its use is growing rapidly due to the increasing demand for faster and more secure data transfer solutions.

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Research Analysis

The Dark Fiber Market is experiencing significant growth due to the increasing demand for high-speed connectivity and low-latency communication in urban areas. Dark Fiber, also known as unlit fiber, is a crucial component of network infrastructure for 5G Networks and advanced technologies such as Augmented Reality (AR) and Virtual Reality (VR). With the advent of 5G services and the growth in bandwidth demand, the need for Dark Fiber Networks is becoming increasingly essential. Fiber Optic Cables are the backbone of these networks, providing enhanced security, cost-effectiveness, and internet bandwidth for Network Operators. The Telecom Industry is investing heavily in Fiber Networks to meet the growing need for internet connectivity and HD video quality. The market for Dark Fiber is expected to grow exponentially as digital transformation continues to reshape industries, from autonomous vehicles to network management. Optical Technology Devices are also playing a crucial role in managing and optimizing the use of Dark Fiber. The future of communication relies on the ability to provide reliable, high-speed connectivity, and Dark Fiber is at the heart of this evolution.

Market Research Overview

The Dark Fiber Market is experiencing significant growth due to the increasing demand for high-speed connectivity and low-latency networks, particularly in urban areas. Dark Fiber, which refers to unlit fiber optic cables, offers cost-effectiveness to network operators and businesses seeking customized and scalable solutions. This unlit fiber is essential for 5G Networks, enabling the deployment of 5G services and supporting the bandwidth demand for applications such as Augmented Reality (AR), Virtual Reality (VR), and Ultra-High Quality Video. The telecommunications industry is undergoing digital transformation, with an emphasis on cloud-based applications, OTT platforms, and IT and telecommunications convergence. The Dark Fiber Market caters to various sectors, including Oil and Gas, Military and Defense, Medical, and Railways, among others. Network operators are investing in fiber networks to provide enhanced security and fiber optic communications for communication, network management, and internet bandwidth and connectivity. The market includes various types of fiber optic cables, such as Single-Mode and Multi-Mode, suitable for Metro and Long-Haul applications. The Dark Fiber Market also caters to the needs of various industries, including Telecom, Smart Cities, Logistics, and the Internet Service Penetration. Optical Technology Devices are essential for handling data and ensuring the scalability and customization of networks. The market is expected to grow further with the increasing adoption of 5G services, Edge Computing, Artificial Intelligence (AI), and the Internet of Things (IoT).

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ServiceLong-haul ServicesShort-haul ServicesColocation Facilities ServicesTypeMulti-modeSingle-modeGeographyNorth AmericaEuropeAPACMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Mega Matrix Announced that “See You Again CEO’s Sweet Trap” Premieres on FlexTV December 20th – Can Love Survive the Test of Time?

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SINGAPORE, Dec. 23, 2024 /PRNewswire/ — Mega Matrix Inc. (“MPU” or the “Company”) (NYSE American: MPU), today announced that it released the new short drama See You Again CEO’s Sweet Trap on December 20th, immersing audiences in a gripping story of fate, choices, and the intertwined threads of past and present.

An unexpected car accident thrusts Leon, an ordinary young man, back into the prestigious family he originally belonged to, leaving Eve behind as the abandoned one. Five years later, Eve, through her hard work and talent, has transformed into an accomplished game developer. Just as she reaches the pinnacle of her career, devastating news arrives: her project has been canceled, and her department faces dissolution.

Fueled by anger and determination, Eve storms into the CEO’s office, resolved to fight for her team and her project. But the moment she opens that fateful door, she comes face-to-face not only with the Leon of her past but also with the cold, commanding CEO of a business empire. Their unexpected reunion unravels long-buried memories, drawing Eve into a whirlwind of love, power, and betrayal.

FlexTV, operated by MPU, is a global leader in short drama streaming, offering content in over 100 countries across multiple languages, including English, Japanese, Korean, Portuguese, Spanish, French, and Arabic. Renowned for its high-quality productions and outstanding user experience, FlexTV continues to captivate audiences worldwide. Premiering on December 20th, See You Again CEO’s Sweet Trap explores how its protagonists confront past emotions while grappling with present realities, inspiring reflection on reconciliation and moving forward. For more exciting content, please visit https://www.flextv.cc/.

#WorkplaceDrama #Romance #Heartbreaking #ShortDrama #FlexTV #MPU

About Mega Matrix Inc.: Mega Matrix Inc. (NYSE American: MPU) is a holding company and operates FlexTV, a short-video streaming platform and producer of short dramas, through its subsidiary, Yuder Pte, Ltd.. Mega Matrix Inc. is a Cayman Island corporation headquartered in Singapore. For more information, please contact info@megamatrix.io or visit: http://www.megamatrix.io.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. All statements in this press release other than statements that are purely historical are forward looking statements. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose,” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees for future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are: the ability to manage growth; ability to identify and integrate future acquisitions; ability to grow and expand our FlexTV business; ability to execute the strategic cooperation with TopReels, ability to obtain additional financing in the future to fund capital expenditures; ability to establish the investment fund with 9 Yards Communications under the memorandum of understanding; fluctuations in general economic and business conditions; costs or other factors adversely affecting the Company’s profitability; litigation involving patents, intellectual property, and other matters; potential changes in the legislative and regulatory environment; a pandemic or epidemic; the possibility that the Company may not succeed in developing its new lines of businesses due to, among other things, changes in the business environment, competition, changes in regulation, or other economic and policy factors; and the possibility that the Company’s new lines of business may be adversely affected by other economic, business, and/or competitive factors. The forward-looking statements in this press release and the Company’s future results of operations are subject to additional risks and uncertainties set forth under the “Risk Factors” in documents filed by the Company’s predecessor, Mega Matrix Corp., with the Securities and Exchange Commission, including the Company’s latest annual report on Form 10-K, as amended, and are based on information available to the Company on the date hereof. In addition, such risks and uncertainties include the Company’s inability to predict or control bankruptcy proceedings and the uncertainties surrounding the ability to generate cash proceeds through the sale or other monetization of the Company’s assets. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this press release.

Disclosure Channels

We announce material information about the Company and its services and for complying with our disclosure obligation under Regulation FD via the following social media channels:

The Company will also use its landing page on its corporate website (www.megamatrix.io) to host social media disclosures and/or links to/from such disclosures. The information we post through these social media channels may be deemed material. Accordingly, investors should monitor these social media channels in addition to following our website, press releases, SEC filings and public conference calls and webcasts. The social media channels that we intend to use as a means of disclosing the information described above may be updated from time to time as listed on our website.

 

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SOURCE Mega Matrix Inc.

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Odine Accelerates R&D and Innovation, Achieving Remarkable Growth in the Sector

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ISTANBUL, Dec. 23, 2024 /PRNewswire/ — Odine, a global technology partner, continues to achieve remarkable milestones in innovation and growth. This year, the company has stood out with its innovative R&D initiatives. In December, Odine achieved the distinction of being the first and only Turkish company to appear for two consecutive years on the prestigious 20 Top Telco Vendors Power List by UK-based Capacity Media, one of the leading publication in the telecommunications sector. Additionally, Odine was recognized as one of Türkiye’s fastest-growing technology companies under the Deloitte Technology Fast 50 program. 

AI-Driven Focus on 5G and 6G Infrastructures

Highlighting the significant strides made in R&D and innovation throughout 2024, Odine’s Chairman of the Board and CEO, Alper Tunga Burak, stated:

“This year, through strategic appointments and international partnerships, we are fortifying our growth strategy with substantial R&D investments, continuing to shape the future of the industry. To realize our vision, we have set clear strategies and concrete objectives, particularly in advancing 5G and 6G technologies. Our goals include developing fully autonomous (zero-touch) network infrastructure solutions powered by artificial intelligence and expanding our expertise in telecommunications into new domains, aiming to become a global leader in technology landscape.”

Alper Tunga Burak also emphasized the company’s focus on creating AI-supported orchestration solutions designed for private 5G and 6G communication infrastructures. “Our efforts are aligned with contributing to the development of secure and national communication infrastructures for Türkiye, while also delivering these innovative solutions to international markets to enhance the Turkish economy,” he added.

Visionary Investments to Strengthen Financial Performance

Odine’s ongoing commitment to R&D, strategic partnerships, and global expansion is poised to bolster the company’s financial outcomes while positioning it as a key player in driving digital transformation in the industry.

About Odine

Odine is a global partner empowering sustainable network transformation, building resilient and software-defined networks of the future. We are a leading technology company that enables global companies to evolve with a sustainable approach. With market-leading technology, holistic solutions, and collaborative partnerships, we will support you in reinventing your value creation formula fully dedicated to your success. Our resources are available for organizations to tap into whenever they need them. We work collaboratively to equip you with the power to evolve your business models, build new propositions, differentiate yourselves, and accelerate into new territories.

Odine is publicly listed on the Borsa Istanbul (BIST: ODINE), demonstrating our commitment to transparency, accountability, and delivering long-term value to our shareholders.

www.odine.com

Contact:
Harika Nihan Gündem,
Head of Marketing,
harika.gundem@odine.com 

Photo: https://mma.prnewswire.com/media/2586788/Odine_Deloitte_Technology_Fast_50.jpg

 

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Jianpu Technology Inc. Extends Its Share Repurchase Program

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BEIJING, Dec. 23, 2024 /PRNewswire/ — Jianpu Technology Inc. (“Jianpu,” or the “Company”) (OTCQB: AIJTY), a leading open financial technology platform in China, today announced that its board of directors (the “Board”) has approved an extension of its existing share repurchase program, which was originally set to expire in January 2025, for an additional 12 months, demonstrating the Company’s continued commitment to enhance shareholder value.

On January 31, 2024, the Board approved the existing share repurchase program, under which the Company is authorized to repurchase up to US$3 million of its American depositary shares (“ADSs”) or Class A ordinary shares over a period of 12 months. Under the extended share repurchase program, the Company may repurchase up to US$3 million of its ADSs or Class A ordinary shares during the 24 months from January 31, 2024.

The Company plans to continue funding the repurchases under the extended share repurchase program with its existing cash balance.

About Jianpu Technology Inc.

Jianpu Technology Inc. operates a leading open financial technology platform, under Rong360 brand, connecting users with an extensive spectrum of financial products and other products and services. By leveraging cutting-edge digital technology, the Company offers intelligent and comprehensive search and recommendation results in a seamless, efficient, and secure manner to meet the needs of its diverse audience. The Company also enables financial and non-financial partners to enhance their efficiency and competitiveness by offering digital intelligence as a service, including data- and analytical-based risk management, intelligent marketing, and other integrated solutions and services. As the Company expands into FinTech+ ecosystem and broadens its global footprint, it will continue to underscore its dedication to innovation and solidify its influence in the space of financial technology and digital transformation. For more information, please visit http://ir.jianpu.ai

Safe Harbor Statement

This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s goals and strategies; the Company’s future business development, financial condition and results of operations; the Company’s expectations regarding demand for, and market acceptance of, its solutions and services; the Company’s expectations regarding keeping and strengthening its relationships with users, financial service providers and other parties it collaborates with; trends, competition and regulatory policies relating to the industries the Company operates in; general economic and business conditions globally and in China; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.

For investor and media inquiries, please contact:

In China: 
Jianpu Technology Inc.
(IR) Liting Lu, E-mail: IR@rong360.com 
(PR) Amanda Hu, E-mail: Media@rong360.com 
Tel: +86 (10) 6242 7068 

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SOURCE Jianpu Technology Inc.

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