Press release
Telecom Tower Market to Grow at a CAGR of 18.0% Through 2025 | Top Leading Players American Tower, Cellnex Telecom, China Tower, Crown Castle International, Indus Tower, IHS Holding Limited and Telxius
The 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.Worldwide Telecom Tower Market Analysis to 2025 is a specialized and in-depth study of the Telecom Tower Industry with a focus on the global market trend. The report aims to provide an overview of global Telecom Tower Market with detailed market segmentation by product/application and geography. The global Telecom Tower Market is expected to witness high growth during the forecast period.
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Leading Telecom Tower Market Players:
1. American Tower Corporation
2. Cellnex Telecom
3. China Tower Co. Ltd.
4. Crown Castle International Corp.
5. Indus Tower Ltd.
6. IHS Holding Limited
7. SBA Communication Corporation
8. Telesites S.A.B. DE C.V
9. Telxius (Telefonica S.A.)
10. PT Tower Bersama Infrastructure TBK
Key Benefits-
• To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Telecom Tower Market
• To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa).
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.
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.
The telecom tower market report emphasizes an in-depth categorization of telecom tower market based by types, tower placement, and deployment type. The geographic breakdown of the telecom tower covers key regions including; North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South America (SAM). The regional segment for telecom tower market has been further classified into respective countries. Based on type segment, the global telecom tower market is dominated by lattice towers, capturing a significant market share in 2017, and the need for the same is anticipated to saturate over the years till 2025.
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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, 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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