Press release
Indonesia Telecom Tower Market grow at a CAGR of 27.1% during the forecast period 2018 – 2025, to account to US$ 3,695.5 Million by 2025 – Mitratel, Portelindo, PT Bali Towerindo Sentra, PT Tower Bersama, PT XL Axiata Tbk, PT Bali Towerindo
The Indonesia telecom tower market accounted to US$ 557.9 Mn in 2017 and is expected to grow at a CAGR of 27.1% during the forecast period 2018 – 2025, to account to US$ 3,695.5 Mn by 2025.Worldwide Indonesia Telecom Tower Market Analysis to 2025 is a specialized and in-depth study of the Indonesia Telecom Tower Market industry with a focus on the global market trend. The report aims to provide an overview of global Indonesia Telecom Tower Market with detailed market segmentation by product/application and geography. The global Indonesia Telecom Tower Market is expected to witness high growth during the forecast period. The report provides key statistics on the Market status of the Indonesia Telecom Tower Market players and offers key trends and opportunities in the Market.
Key Benefits-
- To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Indonesia 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).
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The increasing demand of high capacity network solutions by various network operators is the major factor that is expected to drive the growth of Indonesia telecom tower market. The increasing demand for high speed connectivity is the major factor that is creating increasing demand for fiber optic infrastructure and creating opportunities for the companies operating in the Indonesia telecom tower market to cater to a broader customer base and generate more revenues.
Indonesia telecom tower Market – Company Profiles
PT Bali Towerindo Sentra
PT Centratama Menara Indonesia
PT. Gihon Telekomunikasi Indonesia TBK
PT. Inti Bangun Sejahtera, TBK (IBS)
Mitratel
PT Permata Karya Perdana
Portelindo
PT Solusi Tunas Pratama TBK (STP)
PT Tower Bersama Infrastructure TBK
PT XL Axiata TBK
As soon as 5G was announced and its potential benefits were showcased at Indonesia level, numerous countries have put their hand forward in ensuring a healthy evolution of this technology. A large number of Indonesia players have also ventured into developing, research and innovations for the Telecom Tower technology Indonesia. Some of the leading vendors, carriers and stakeholders in the Telecom Tower technology market include who have formed partnerships with various stakeholders across the globe in funding for research & development of the Telecom Tower technology.
The deployment of more number of telecom towers address few key challenges of network operators while offering mobile broadband. They are cost-effective in order to manage the ever-growing traffic on the network, help to meet expectations of speed and quality over the network, and also monetize customer value in the competitive market landscape. Mobile data consumption has witnessed exponential growths in the last few years. In Indonesia, the data traffic rate has grown at an annual rate of more than 45% over the last five years. Also, between 2018 and 2023, the data traffic is anticipated to grow at a compound annual growth rate of close to 40 percent.
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This exponential growth in data traffic over the internet is out rightly attributed to the growing penetration of smartphones and other consumer electronic devices that can be connected over the internet with the advent of IoT. This factor would drive deployment demands in the Indonesia telecom tower market.
New market initiatives were observed as the most adopted strategy in Indonesia telecom tower market. Few of the recent market initiatives are listed below:
- 2019: Mitratel acquired 95% share of PT PST, the acquisition is aimed to strengthen Mitratel’s position in the field of telecom towers and would increase the company’s operational business efficiency and this is expected to help the company in gaining a significant share of Indonesia telecom tower market.
- 2018: Bali Towerindo announced addition of 1,000 telecommunication towers. This would help the company to cater the increasing demand by the telecom operators due to wide adoption of 4G networks. This would also help the company to gain a strong market position and attract new customers.
- 2018: Gihon Telekomunikasi Indonesia announced that the company would build 67 towers units in - 2018. This aimed to improve the performance of the company and gain a strong customer base and gain a strong position in the Indonesia telecom tower market.
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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 Indonesia 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 Indonesia Telecom Tower Market, 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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