Press release
Global Telecom Tower Market to 2025 – Analysis and Forecasts by Leading Players China Tower, Telxius, Telesites, Indus Tower, American Tower Corporation and Crown Castle International
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.The leading industry players operating in telecom tower market globally 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.
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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.
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.
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.
Regionally, the telecom tower market was led by the Asia Pacific countries, and these countries are estimated to deploy and install telecom towers in large numbers during the forecast period from 2018 – 2025, making the region grow at a prime rate.
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TABLE OF CONTENTS
1. INTRODUCTION 15
1.1 SCOPE OF THE STUDY 15
1.2 THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE 15
2. KEY TAKEAWAYS 17
3. TELECOM TOWER MARKET LANDSCAPE 20
3.1 MARKET OVERVIEW 20
3.2 MARKET SEGMENTATION 21
3.2.1 Global Telecom Tower Market – By Type 22
3.2.2 Global Telecom Tower Market – By Tower placement 22
3.2.3 Global Telecom Tower Market – By Deployment type 22
3.2.4 Global Telecom Tower Market – By Geography 22
3.3 PEST ANALYSIS 24
3.3.1 North America – PEST Analysis 24
3.3.2 Europe – PEST Analysis 26
3.3.3 Asia Pacific – PEST Analysis 28
3.3.4 Middle East and Africa – PEST Analysis 30
3.3.5 South America PEST Analysis 32
4. TELECOM TOWER MARKET – KEY INDUSTRY DYNAMICS 34
4.1 KEY MARKET DRIVERS 34
4.1.1 Growing subscriber base on the cellular network demands for a strengthened communications infrastructure through tower deployments 34
4.1.2 Growth of independent tower companies through infrastructure sharing enabling overall growth of telecom tower market 36
4.2 KEY MARKET RESTRAINTS 37
About Us
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 committed to providing highest quality research and consulting services to our customers. We help our clients understand key market trends, identify opportunities, and make informed decisions by providing market research solutions at an affordable cost.
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Phone: +1-646-491-9876
Email: sales@theinsightpartners.com
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