Telecom Tower Market Outlook to 2025 - Indus Tower, IHS Holdings, Cellnex Telecom, American Tower Company, China Tower, Crown Castle International, SBA Communication, Telesites S.A.B. DE C.V, Telxius (Telefonica SA), PT Tower Bersama Infrastructure TBK
This report focuses on the Telecom Tower Market Size, Revenue, Share, status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Telecom Tower development in North Americas, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SA).
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The Insight Partners Research published a report titled, Telecom Tower Market to 2025 – Global Analysis and Forecasts by Type (Lattice Towers, Guyed Towers, Monopole towers, Camouflage Towers, and Mobile Cell Towers), Tower Placement (Green field tower, and Rooftop Tower); and Deployment Type (Shared Infrastructure Deployment and Owned Deployment). According to the report, 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.
Moving over to Asia Pacific market, the South Korean Government has announced the allocation of funds close to US$ 1.6 Bn to support the trials and commercialization of telecom tower in the country. The government of China has awarded grants to technology heavyweights ZTE and Huawei, which have received a reported US$ 72 Million for technology development for Telecom Tower deployments. China’s largest telecommunications providers intend to spend close to US$ 411 Bn for telecom tower rollout by 2030. IIoT will be telecom tower’s most critical use case in support of China’s Made in China 2025 initiative.
The Indian government has established a telecom tower forum with a budget of approximately $76 million dedicated to telecom tower research and development. Private-sector activity includes a MoU, signed by Nokia and Indian Telco’s Airtel India and BSNL to develop telecom tower, which complements Nokia’s placement of an IoT-related telecom tower lab in Bengaluru.
As soon as 5G was announced and its potential benefits were showcased at global level, numerous countries have put their hand forward in ensuring a healthy evolution of this technology. A large number of global players have also ventured into developing, research and innovations for the telecom tower technology globally. Some of the leading vendors, carriers and stakeholders in the telecom tower technology market include Qualcomm, Samsung Corporation, Ericsson, Nokia Networks, Huawei Telecommunications Inc. and ZTE Corporation who have formed partnerships with various stakeholders across the globe in funding for research & development of the telecom tower technology. Telecom tower is proven to be a technological evolution that will have the potential to bridge a consumers physical, virtual and social worlds.
The associated transformation into the digital world will bring in business opportunities to a plethora of industry verticals in true sense. Also, at the same time it represents a change in the business models and environments. Sensing, these business opportunities, Governments of various developing economies across the globe have realized the potentials of telecom tower and the impact this technology can have on the GDP of the country. Also, it is anticipated that due to digitalization of businesses, huge jobs would be created that would in turn have a positive impact on the economy of a particular country. TeleBrasil, which is the Brazilian Telecommunications Association has signed an agreement with China, the US, European Union, Japan and South Korea to develop Telecom Tower technology in the country.
The global telecom tower market is segmented on basis of strategic regions including; North America, Europe, Asia Pacific, Middle East and Africa, and South America. Asia Pacific accounted for the largest share in 2017 in global telecom tower market. Middle East and Africa region is foreseen to exhibit enormous growth in deploying and installing telecom tower after Asia Pacific during the forecast period, thereby escalating at the second fastest rate over the years from 2018 – 2025.
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The market for telecom tower is concentrated with large numbers of well-established players as well as emerging players across the globe. The major companies operating in the market includes American Tower Company, China Tower Corporation, Indus Towers Limited, IHS Holding Limited, and PT Tower Bersama Infrastructure TBK. Ltd. Also, Crown Castle International Corp., SBA Communications Corporation, Telesites S.A.B. de C.V., Cellnex Telecom, S.A. (Abertis Telecom Satélites, S.A.), and Telxius are few other players that are investing into the technological innovations for rolling out telecom towers in the near future.
The report segments the global telecom tower market as follows:
Global Telecom Tower Market – By Type
• Lattice Towers
• Guyed Towers
• Monopole Towers
• Camouflage Towers
• Mobile Cell Towers
Global Telecom Tower Market – By Tower placement
• Greenfield Tower
• Rooftop Tower
Global Telecom Tower Market – By Deployment Type
• Shared Infrastructure Deployment
• Owned Deployment
Global Telecom Tower Market – By Geography
• North America
o Rest of Europe
• Asia Pacific (APAC)
o Rest of Asia Pacific
• Middle East and Africa (MEA)
o South Africa
o Saudi Arabia
o Rest of Middle East and Africa
• South America (SAM)
o Rest of South America
Key Benefits of Buying this Research Study:
1. Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Telecom Tower Market
2. Highlights key business priorities in order to assist companies to realign their business strategies
3. The key findings and recommendations highlight crucial progressive industry trends in the Telecom Tower Market, thereby allowing players across the value chain to develop effective long term strategies
4. Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
5. Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
6. Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
7. Examine the political, economic, social and technology impact of the five regions namely: North America, Europe, Asia Pacific, Middle East & Africa and South America.
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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