The North America Lit Fiber Market would witness market growth of 15.2% CAGR during the forecast period (2022-2028).
Lit Fiber is a data service or high-speed Internet offered over fiber-optic lines with a huge bandwidth connection. Lit Fiber is used by wholesale Internet access, telecommunications, and wholesale ISP organizations to provide the bandwidth capacity required for consumer applications, such as email, web hosting, file sharing, data backup, video, VOIP, and VPN access. Lit Fiber service is available in a variety of speeds, from Ethernet to DS3, as well as wavelengths across fiber optic cables. Wholesale Carrier Ethernet, Wholesale Internet Access, Wholesale ISP, Wavelength Service, Fiber Internet, and Fiber Lit Buildings are all terms used to describe lit fiber.
When most homeowners, as well as business owners, strive to harness the power of fiber optics, they choose lit fiber networks. They contact their local telecoms provider and indicate their desire to be connected to a lit fiber network. They choose this route since it is the most convenient. They may immediately send and receive data across fast and dependable fiber optic connections, and they do not have to stress about sustaining any of the equipment associated with a lit fiber network. That will be handled by their service provider. For many businesses and homeowners, lit fiber is an efficient solution.
One of the major factors that are driving the growth of the lit fiber market in North America is the rapid development of the telecommunication sector of the region. The communications sector underpins the operations of all enterprises, public safety institutions, and government agencies in the United States. The Communications Sector is designated as critical in the Presidential Policy Directive 21 because it serves as an enabling function for all key infrastructure sectors. Using terrestrial, satellites, and wireless transmission systems, the industry has expanded from primarily providing voice services to a diverse, competitive, and integrated industry over the previous 25 years. Satellite, wireless, and landline providers all rely on one other to carry and terminate traffic, and firms often share facilities and technology to maintain compatibility.
The US market dominated the North America Lit Fiber Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2,261 Million by 2028. The Canada market is estimated to grow at a CAGR of 17.8% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 16.8% during (2022 - 2028).
Based on Type, the market is segmented into Multi-mode and Single-mode. Based on Connectivity, the market is segmented into On-net and Off-net. Based on Application, the market is segmented into Networking, Aerospace & Defense, IT & Telecommunication, Industrial, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Lit Fiber Market is Estimated to reach $8.9 Billion by 2028, at a CAGR of 15.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include AT&T, Inc., Verizon Communications, Inc., Comcast Corporation, Zayo Group, LLC (EQT Partners Digital Colony), Charter Communications, Inc., Altice USA, Inc., Crown Castle International Corp., Frontier Communications Corporation, and GigabitNow (IsoFusion).
Scope of the Study
Market Segments Covered in the Report:
By Type
By Connectivity
By Application
- Networking
- Aerospace & Defense
- IT & Telecommunication
- Industrial
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- AT&T, Inc.
- Verizon Communications, Inc.
- Comcast Corporation
- Zayo Group, LLC (EQT Partners Digital Colony)
- Charter Communications, Inc.
- Altice USA, Inc.
- Crown Castle International Corp.
- Frontier Communications Corporation
- GigabitNow (IsoFusion)
Chapter 1.Market Scope & Methodology
1.1Market Definition
1.2Objectives
1.3Market Scope
1.4Segmentation
1.4.1North America Lit Fiber Market, by Type
1.4.2North America Lit Fiber Market, by Connectivity
1.4.3North America Lit Fiber Market, by Application
1.4.4North America Lit Fiber Market, by Country
1.5Methodology for the research
Chapter 2.Market Overview
2.1Introduction
2.1.1Overview
2.1.1.1Market composition and scenario
2.2Key Factors Impacting the Market
2.2.1Market Drivers
2.2.2Market Restraints
Chapter 3.North America Lit Fiber Market by Type
3.1North America Multi-mode Market by Country
3.2North America Single-mode Market by Country
Chapter 4.North America Lit Fiber Market by Connectivity
4.1North America On-net Market by Country
4.2North America Off-net Market by Country
Chapter 5.North America Lit Fiber Market by Application
5.1North America Networking Market by Country
5.2North America Aerospace & Defense Market by Country
5.3North America IT & Telecommunication Market by Country
5.4North America Industrial Market by Country
5.5North America Others Market by Country
Chapter 6.North America Lit Fiber Market by Country
6.1US Lit Fiber Market
6.1.1US Lit Fiber Market by Type
6.1.2US Lit Fiber Market by Connectivity
6.1.3US Lit Fiber Market by Application
6.2Canada Lit Fiber Market
6.2.1Canada Lit Fiber Market by Type
6.2.2Canada Lit Fiber Market by Connectivity
6.2.3Canada Lit Fiber Market by Application
6.3Mexico Lit Fiber Market
6.3.1Mexico Lit Fiber Market by Type
6.3.2Mexico Lit Fiber Market by Connectivity
6.3.3Mexico Lit Fiber Market by Application
6.4Rest of North America Lit Fiber Market
6.4.1Rest of North America Lit Fiber Market by Type
6.4.2Rest of North America Lit Fiber Market by Connectivity
6.4.3Rest of North America Lit Fiber Market by Application
Chapter 7.Company Profiles
7.1AT&T, Inc.
7.1.1Company Overview
7.1.2Financial Analysis
7.1.3Segmental and Regional Analysis
7.1.4Research & Development Expense
7.1.5Recent strategies and developments:
7.1.5.1Partnerships, Collaborations, and Agreements:
7.1.5.2Product Launches and Product Expansions:
7.2Verizon Communications, Inc.
7.2.1Company Overview
7.2.2Financial Analysis
7.2.3Segmental Analysis
7.2.4Recent strategies and developments:
7.2.4.1Acquisition and Mergers:
7.3Comcast Corporation
7.3.1Company Overview
7.3.2Financial Analysis
7.3.3Segmental and Regional Analysis
7.3.4Recent strategies and developments:
7.3.4.1Geographical Expansions:
7.4Zayo Group, LLC (EQT Partners Digital Colony)
7.4.1Company Overview
7.4.2Recent strategies and developments:
7.4.2.1Acquisition and Mergers:
7.5Charter Communications, Inc.
7.5.1Company Overview
7.5.2Financial Analysis
7.6Altice USA, Inc.
7.6.1Company Overview
7.6.2Financial Analysis
7.7Crown Castle International Corp.
7.7.1Company Overview
7.7.2Financial Analysis
7.7.3Segmental Analysis
7.8Frontier Communications Corporation
7.8.1Company Overview
7.8.2Financial Analysis
7.9GigabitNow (IsoFusion)
7.9.1Company Overview
TABLE 1North America Lit Fiber Market, 2018 - 2021, USD Million
TABLE 2North America Lit Fiber Market, 2022 - 2028, USD Million
TABLE 3North America Lit Fiber Market by Type, 2018 - 2021, USD Million
TABLE 4North America Lit Fiber Market by Type, 2022 - 2028, USD Million
TABLE 5North America Multi-mode Market by Country, 2018 - 2021, USD Million
TABLE 6North America Multi-mode Market by Country, 2022 - 2028, USD Million
TABLE 7North America Single-mode Market by Country, 2018 - 2021, USD Million
TABLE 8North America Single-mode Market by Country, 2022 - 2028, USD Million
TABLE 9North America Lit Fiber Market by Connectivity, 2018 - 2021, USD Million
TABLE 10North America Lit Fiber Market by Connectivity, 2022 - 2028, USD Million
TABLE 11North America On-net Market by Country, 2018 - 2021, USD Million
TABLE 12North America On-net Market by Country, 2022 - 2028, USD Million
TABLE 13North America Off-net Market by Country, 2018 - 2021, USD Million
TABLE 14North America Off-net Market by Country, 2022 - 2028, USD Million
TABLE 15North America Lit Fiber Market by Application, 2018 - 2021, USD Million
TABLE 16North America Lit Fiber Market by Application, 2022 - 2028, USD Million
TABLE 17North America Networking Market by Country, 2018 - 2021, USD Million
TABLE 18North America Networking Market by Country, 2022 - 2028, USD Million
TABLE 19North America Aerospace & Defense Market by Country, 2018 - 2021, USD Million
TABLE 20North America Aerospace & Defense Market by Country, 2022 - 2028, USD Million
TABLE 21North America IT & Telecommunication Market by Country, 2018 - 2021, USD Million
TABLE 22North America IT & Telecommunication Market by Country, 2022 - 2028, USD Million
TABLE 23North America Industrial Market by Country, 2018 - 2021, USD Million
TABLE 24North America Industrial Market by Country, 2022 - 2028, USD Million
TABLE 25North America Others Market by Country, 2018 - 2021, USD Million
TABLE 26North America Others Market by Country, 2022 - 2028, USD Million
TABLE 27North America Lit Fiber Market by Country, 2018 - 2021, USD Million
TABLE 28North America Lit Fiber Market by Country, 2022 - 2028, USD Million
TABLE 29US Lit Fiber Market, 2018 - 2021, USD Million
TABLE 30US Lit Fiber Market, 2022 - 2028, USD Million
TABLE 31US Lit Fiber Market by Type, 2018 - 2021, USD Million
TABLE 32US Lit Fiber Market by Type, 2022 - 2028, USD Million
TABLE 33US Lit Fiber Market by Connectivity, 2018 - 2021, USD Million
TABLE 34US Lit Fiber Market by Connectivity, 2022 - 2028, USD Million
TABLE 35US Lit Fiber Market by Application, 2018 - 2021, USD Million
TABLE 36US Lit Fiber Market by Application, 2022 - 2028, USD Million
TABLE 37Canada Lit Fiber Market, 2018 - 2021, USD Million
TABLE 38Canada Lit Fiber Market, 2022 - 2028, USD Million
TABLE 39Canada Lit Fiber Market by Type, 2018 - 2021, USD Million
TABLE 40Canada Lit Fiber Market by Type, 2022 - 2028, USD Million
TABLE 41Canada Lit Fiber Market by Connectivity, 2018 - 2021, USD Million
TABLE 42Canada Lit Fiber Market by Connectivity, 2022 - 2028, USD Million
TABLE 43Canada Lit Fiber Market by Application, 2018 - 2021, USD Million
TABLE 44Canada Lit Fiber Market by Application, 2022 - 2028, USD Million
TABLE 45Mexico Lit Fiber Market, 2018 - 2021, USD Million
TABLE 46Mexico Lit Fiber Market, 2022 - 2028, USD Million
TABLE 47Mexico Lit Fiber Market by Type, 2018 - 2021, USD Million
TABLE 48Mexico Lit Fiber Market by Type, 2022 - 2028, USD Million
TABLE 49Mexico Lit Fiber Market by Connectivity, 2018 - 2021, USD Million
TABLE 50Mexico Lit Fiber Market by Connectivity, 2022 - 2028, USD Million
TABLE 51Mexico Lit Fiber Market by Application, 2018 - 2021, USD Million
TABLE 52Mexico Lit Fiber Market by Application, 2022 - 2028, USD Million
TABLE 53Rest of North America Lit Fiber Market, 2018 - 2021, USD Million
TABLE 54Rest of North America Lit Fiber Market, 2022 - 2028, USD Million
TABLE 55Rest of North America Lit Fiber Market by Type, 2018 - 2021, USD Million
TABLE 56Rest of North America Lit Fiber Market by Type, 2022 - 2028, USD Million
TABLE 57Rest of North America Lit Fiber Market by Connectivity, 2018 - 2021, USD Million
TABLE 58Rest of North America Lit Fiber Market by Connectivity, 2022 - 2028, USD Million
TABLE 59Rest of North America Lit Fiber Market by Application, 2018 - 2021, USD Million
TABLE 60Rest of North America Lit Fiber Market by Application, 2022 - 2028, USD Million
TABLE 61Key Information – AT&T, Inc.
TABLE 62key information – Verizon Communications, Inc.
TABLE 63key information – Comcast Corporation
TABLE 64key Information – Zayo Group, LLC
TABLE 65key information – Charter Communications, Inc.
TABLE 66Key Information – Altice USA, Inc.
TABLE 67Key Information – Crown Castle International Corp.
TABLE 68Key Information – Frontier Communications Corporation
TABLE 69Key Information – GigabitNow
List of Figures
FIG 1Methodology for the research
FIG 2Recent strategies and developments: AT&T, Inc.