Press release
Telecom Tower Market Size 2019 | Global Demand, Market Dynamic Forces & Forecast 2025 - American Tower, Cellnex Telecom, China Tower, Crown Castle, Indus Tower, IHS Holding, SBA Communication, Telesites S.A.B. DE C.V, Telxius
The global Telecom Tower Market accounted for US$ 40.0 Bn in 2017 and is expected to grow at a CAGR of 18.0% during the forecast period 2018 - 2025, to account to US$ 146.5 Bn by 2025.The Industry Report “Telecom Tower Market” provides a clear picture of the Current Market Scenario which includes past and estimated future size with respect to value and volume, technological advancement, macro economical and governing factors in the Telecom Tower market.
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Factors such as the advancement in technology in today's world and the existing network infrastructures 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 huge influx of data over the network is on the rise. Social media has become an integral part of individual's lifestyle in recent times and thus the use of 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 is boosting the demand for telecomm tower market globally. Thus, the telecom tower market is anticipated to witness significant surge in demand during the forecast period. The South America telecom tower market region is expected to witness a CAGR growth rate of 10.6% in the coming years.
Market Insights
Growing volume of cellular devices coupled with increase in internet data generation daily to drive the number of telecom towers globally
For the regional estimates related to telecom tower market, highest number of subscribers are observed in China and India owing to the large populations of both countries. Also, highest subscriber penetration is estimated to be in the European region where the subscriber density is very high. Large populations and also scope for increasing the subscriber density in the developing countries of India and China have been driving the deployments of telecom towers.
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Rising subscriber density in a particular area requires the deployment of telecom towers to serve the subscriber base. As the density increases, the existing tower infrastructures prove to be incapable of handling the data traffic created by an ever increasing subscriber base and therefore demand for additional deployments or up gradations on the existing towers with better equipment to enhance the traffic handling capacity.
Furthermore, in the coming years, growth is estimated to be focused on connecting rural areas, low income populations, and also delivering connectivity to the underserved communities. These areas were largely underserved before, however, with the initiatives taken by the Government and obligatory regulations on the operators to provide services in such areas, the market for telecom tower deployments is further anticipated to grow. Subsequently, driving the growth for telecom tower market in the coming years. As a result, the telecom tower market is projected to provide numerous lucrative profitable business opportunities for the market players in the forecast period.
For instance, Vodafone India and Idea Cellular have divested their tower portfolios to American Tower which added a tower count of 20,000. Similarly, Reliance Communication (RCom) is expected to divest its 43,000 towers to Reliance Jio (RJio). The merged combination of state owned MNO, BSNL and independent towerco Indus Tower is foreseen to run a tower count of 1,63,000 towers across the country in the near future. Another state owned MNO, MTNL is expected to divest its 10,000 towers with an aim to reduce its debts. The Indian telecom tower market is expected to grow with an attractive CAGR growth rate of 30.1% from 2019 to 2025.
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Answers that the report acknowledges:
- Market size and growth rate during forecast period.
- Key factors driving the Telecom Tower Market.
- Key market trends cracking up the growth of the Telecom Tower Market.
- Challenges to market growth.
- Key vendors of Telecom Tower Market.
- Detailed SWOT analysis.
- Opportunities and threats faces by the existing vendors in Global Telecom Tower Market.
- Trending factors influencing the market in the geographical regions.
- Strategic initiatives focusing the leading vendors.
PEST analysis of the market in the five major regions.
TELECOM TOWER MARKET SEGMENTATION
- Telecom Tower Market - By Type
- Lattice Towers
- Guyed Towers
- Monopole Towers
- Camouflage Towers
- Mobile Cell Towers
Telecom Tower Market - By Tower placement
- Greenfield Tower
- Rooftop Tower
Telecom Tower Market - By Deployment type
- Shared Infrastructure Deployment
- Owned Deployment
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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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