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[PDF] Telecom Tower Industry : Businesses will soon be allowed to share active infrastructure | openpr.com

02-17-2021 06:58 AM CET | Media & Telecommunications

Press release from: Coherent Market Insights

Telecom Tower

Telecom Tower

With a growing mobile subscriber base and an increasing number of MNOs coupled with emerging technologies such as Machine-to-Machine communication, Wi-Fi hotspots, and Network Function Virtualization (NFV), co-existence of many operators on a single infrastructure allows for co-development of the entire telecom industry. As a result, the shared infrastructure deployment segment is expected to witness a CAGR of 7.4% during the forecast period.

Monopoles can also be designed as stealth towers or camouflage towers. Among deployment type, shared infrastructure deployment segment is expected to be the fastest growing segment during the forecast period. This is owing to increasing preference for shared infrastructure deployment to offer better coverage and internet speed to the mobile users Furthermore, shared infrastructure deployment includes sharing of telecom tower site, which involves sharing of costs related to trading, leasing of the tower, acquisition of property items, contracts, and technical facilities and also sharing radio access network (RAN) infrastructure such as masts and pylons, electrical or fiber optic cables.

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What are the growth estimates for telecom towers market till 2027?
- The global telecom towers market is estimated to reach US$ 75.5 Billion by 2027.

Which are the prominent telecom towers market players across the globe?
- Major players operating in the global telecom towers market include American Tower Corporation, AT&T Inc., Bharti Infratel Limited, China Tower Corporation, Crown Castle International Corporation, GTL Infrastructure Ltd, Helios Tower Africa, SBA Communications Corporation, T-Mobile Tower, Viom Networks, and others.

What are the key factors driving growth of the telecom towers market?
- Increasing usage of mobile phones in rural and urban areas and growing population, globally are some of the major factors that are expected to propel growth of the market over the forecast period.

What is the compound annual growth rate (CAGR) of the telecom towers market for next 8 years?
- The global telecom towers market is estimated to exhibit a CAGR of 7.2% over the forecast period.

Asia Pacific is expected to hold dominant position in the market over the forecast period. Increasing population in the region has led to high demand for connectivity medium, which in turn is expected to boost growth of Asia Pacific telecom towers market. According to ’ analysis, Asia Pacific telecom towers market is estimated to be valued at US$ 23.89 billion in 2018, and it is projected to witness a CAGR of 7.7% during the forecast period. This is owing to increasing demand for telecom towers in different end-use applications such as telecommunication, radio, and radar. India is expected to witness the highest CAGR in the Asia Pacific market during the forecast period, owing to increasing usage and adoption of telecom towers in the country.

Contact Us:
Name: Mr. Shah
Phone: US +12067016702 / UK +4402081334027
Email: sales@coherentmarketinsights.com

About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering ac-tion-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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