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Explore Future Growth of Telecom Towers Market 2025– Key Players involved in the research like China Mobile Ltd., Verizon Communications Inc., AT&T Inc., Vodafone Group Plc, Bharti Telecom Ltd., China Unicom Ltd., Telenor Group, MTN Group and Telstra Co

01-09-2019 12:52 PM CET | Media & Telecommunications

Press release from: Research N Reports

Explore Future Growth of Telecom Towers Market 2025– Key

Telecom tower is the generic description of Radio masts and towers built primarily to hold telecommunications antennas. As such antennas often have a large area and must be precisely pointed out, such towers have to be built so, that they do not much swing in the wind. So very stable structure types like low lattice towers and towers built of reinforced concrete are used in most cases, although also guyed masts are used. The Telecom Towers Market is expected to grow worth of USD +40 Billion and also the market is likely to exhibit a strong +18% CAGR over the forecast period 2019-2025.

This research study provides insights into the global telecom towers market. Majority of the telecom tower installations have belonged to the lattice tower category or the monopole tower category. These type of towers provide maximum coverage for the operators and therefore serve a wider mass. Also, in the initial years, Greenfield towers were mostly observed in the tower installations, however, with space constraints and rising land costs, rooftop towers have found higher attractiveness amongst the telecom tower players as well as the mobile network operators.

Top Key Vendors in Market:

China Mobile Ltd., Verizon Communications Inc., AT&T Inc., Vodafone Group Plc, Bharti Telecom Ltd., China Unicom Ltd., Telenor Group, MTN Group and Telstra Corp. Ltd.

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Mobile telecom industry has witnessed significant growth rate of Telecom Towers Market in last decade and it is expected to grow consistently over different generations of network communications. Starting from ‘0G’ mobile telecom service (MTS) to current long term evolution (LTE) 4G, the mobile telecommunication has turned as necessity to everyone. The second generation (2G) mobile telecommunication gave a major boost to the mobile telecom industry as it surprised consumers with internet browsing offering on mobile phones along with clear voice calling facilities. Now, most of the countries possess 4G connectivity which is a highly dense networking system providing real time voice calling and enhanced data transfer rate.

The global Telecom Towers market is analyzed in terms of its competitive landscape. For this, the report encapsulates data on each of the key players in the market according to their current company profile, gross margins, sale price, sales revenue, sales volume, product specifications along with pictures, and the latest contact information. The report’s conclusion leads into the overall scope of the global market with respect to feasibility of investments in various segments of the market, along with a descriptive passage that outlines the feasibility of new projects that might succeed in the global Telecom Towers market in the near future.

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