Companiesandmarkets.com

US dark fiber network operators market to reach $1.3 billion

Press Release   •   Aug 14, 2012 16:06 BST

The US dark fiber network operators market has been forecast to increase at a compound annual growth rate (CAGR) of 5.3% over the next five years, to reach a market value of $1.3 billion.

Over the five years to 2012, it was estimated that the US dark fiber network operators market would achieve revenue growth at an average annual rate of 3.7% to reach $986.2 million.

The US dark fiber network operators industry has maintained strong growth, due to growing broadband use. Expanding broadband connections and rebounding corporate profit will continue to support revenue growth in the next five years.

Key players within the market include companies such as; AboveNet, a provider of high bandwidth connectivity solutions for business and carriers, the company was acquired by Zayo on july 6th 2012. Quanta Services, a leading provider of specialized contracting services, delivering solutions for the electric power, natural gas and pipeline and telecommunication industries, and Zayo, a provider of fiber bandwidth infrastructure solutions and carrier neutral collocation.

The number of participating firms in the industry is expected to decline at an average annual rate of 2.4% between 2007 and 2012, to a total of 165, with employment at a level of 1,836 workers. The trend is likely to continue over the five years to 2017 - though at a less pronounced average of 0.9% per year.

For more information on the US dark fiber network operators market, see the latest research: US Dark Fiber Network Operators Market Report

Follow us on Twitter @CandMResearch

Companiesandmarkets.com issues news updates and report summaries covering all major industries and sectors. The service provides additional client monitoring and timely alerts to breaking industry and sector news leading the day's business headlines. News articles, written by our staff, contain additional analyst insight, providing value added insight for our readers. News updates and real-time alerts on newly-released market reports are also available from our Facebook page, Twitter feed @CandMResearch and RSS links. We also welcome inquiries from business journalists and the news media.