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Telecom Tower Market Outlook to 2027- Conduent, Kapsch Group, Mitsubishi Heavy Industries Machinery Systems, Siemens Mobility, Thales Group, Continuum Electroproducts

12-26-2019 03:12 PM CET | Media & Telecommunications

Press release from: The Insight Partners

Telecom Tower Market Outlook to 2027- Conduent, Kapsch Group,

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.

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.

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Leading Key Players profiles in this report includes, Conduent, Inc., Kapsch Group, Mitsubishi Heavy Industries Machinery Systems, Ltd., Siemens Mobility GmbH, Thales Group, Continuum Electroproducts LLP, EFKON GmbH, Neology, Inc., QuaLiX Information System LLP, SkyToll, a. s.

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.

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.

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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

Contact Us:
Company: The Insight Partners
Contact: Sameer Joshi
Phone: +1-646-491-9876
Email: sam@theinsightpartners.com

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 a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

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