Press release
Telecom Tower Market Outlook to 2025: Top Leading Players American Tower Company, Cellnex Telecom, China Tower Co., Crown Castle International Corp., Indus Tower, IHS Holdings, SBA Communication Corporation, Telesites S.A.B. DE C.V, Telxius
The global telecom tower market accounted for US$ 40.04 Bn in 2017 and is expected to grow at a CAGR of 18.0% during the forecast period 2018 - 2025, to account to US$ 146.53 Bn by 2025.The global telecom tower market is experiencing an intense growth with regards to the investments, trials being carried out and deployment for future in the current scenario and is anticipated to rise in the coming years. The market for telecom tower consists of some well-established players across the globe, which invest huge amounts in order to deliver the most advanced service to the customers. Also, there are many stakeholders in the telecom tower ecosystem that are involved in the end-to-end development of advanced technology and ensuring that the best service is made available for the users.
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Government funding for research & development, strategic partnerships between towercos and network operators, and Government bodies are anticipated to enable huge surge in the market for telecom tower over the forecast period. In the global telecom tower market, Asia Pacific is the most dominant region, with significantly large numbers of tower deployment and market players operating in the region. The region is constantly witnessing an upsurge in the deployment and installation of telecom towers, owing to the rapid increase in mobile subscribers in Asian countries especially, China, India, Indonesia, and South Korea. Australia is one of the major countries in the Pacific region in terms of mobile subscribers, and the number of subscribers is increasing decently over the years.
Top Companies profiled in this report includes, American Tower Company, Cellnex Telecom, China Tower Co. Ltd., Crown Castle International Corp., Indus Tower Ltd., IHS Holdings Ltd., SBA Communication Corporation, Telesites S.A.B. DE C.V, Telxius (Telefonica SA), and PT Tower Bersama Infrastructure TBK. Among others.
After studying key companies, the report focuses on the startups contributing towards the growth of the market. Possible mergers and acquisitions among the startups and key organizations are identified by the report’s authors in the study. As leading companies take efforts to maintain their dominance in the global telecom tower market, the right way to do so is by adopting new technologies and strategies. The report highlights major technological developments and changing trends adopted by key companies over a period of time. For a stronger and more stable business outlook, the report on the global market carries key projections that can be practically studied.
With the advancement in technology in today’s world and the existing network infrastructure prove to be incapable of handling the predicted surge in the number of connected devices as well as the data explosion over the network. As a result, a huge demand for a more robust and reliable communication network infrastructure capable of handling a huge influx of data over the network is on the rise. Social media has become an integral part of the individual’s lifestyle in recent times and thus the use of the internet has also rapidly increased. The bolstering demand of Internet of Things (IoT) connectivity, security, mobile data traffic, and expansion of mobile apps lead to the integration of cloud architecture with the mobile networks to enhance the flexible delivery of services with high speed.
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Reason to Buy:
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Telecom Tower Market
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Telecom Tower Market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
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Email: sam@theinsightpartners.com
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