Telecom Towers Market is expected to register a CAGR of 17.63% during the forecast period| Top Players - American Tower Corporation, Helios Towers Africa, Bharti Infratel, China Tower Corporation, SBA Communications, AT&T Towers, T-Mobile Towers, GTL Infr

Market Analysis:

Asia-Pacific to Dominate the Growth of the Market
Asia-Pacific accounts for the highest volume of towers in the market. High penetration of smart devices is leading to high consumption of data in developing countries, such as China and India, which is driving the growth of the market in the region.

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The telecom tower industry has gained high prominence as an independent industry, mainly in India and the United States. In other parts of the world, tower sharing has been initiated or already in practice, and yet major share of the telecom towers are managed by the telcos. Tower sharing is one of the major growth drivers for the telecom industry, as it significant benefits, such as cost reduction and faster data rollout. The annual data usage through wireless networks has been increasing rapidly, promoting the smartphone penetration considerably. Growth in cloud-based services for mobile users and roll-out of 4G LTE services around the world have increased the network investment by carriers, which is driving the demand for the telecom towers market. The monopole market is expected to grow at a faster rate, owing to its aesthetically pleasing structure and its popularity in wireless communication industry.

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Market Segments:
Telecom Towers Market is segmented by:
1. Tower Type: Lattice Tower, Guyed Tower, Monopole Tower, Stealth Tower
2. Fuel Type: Renewable, Non-renewable
3. Installation: Rooftop, Ground-based, Others
4. Ownership: Operator-owned, JV, Private-owned, Others
5. Geography: North America, South America, Europe, Asia Pacific, Middle East & Africa

Key Developments in the Market
• November 2017: American Tower Corporation entered into definitive agreements with Vodafone India Limited and Idea Cellular Limited through which it is expected to add an aggregate of approximately 20,000 communications sites to its existing Indian portfolio.
• November 2017: AT&T Towers, Verizon, and Tillman Infrastructure collaborated to build hundreds of cell towers, with the potential for new site locations in the future.
• November 2017: T-Mobile announced plans to launched License Assisted Access (LAA) on small cells to add capacity and speed, and further increase the density of its network.

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