Telecom Tower Market Size, Share, Growth, drivers, restraints, and opportunities | American Tower Corporation, Bharti Infratel Limited, Helios Towers Africa.

The global telecom tower market was valued around $33 billion in 2020 and is expected to showcase single digit growth during the forecast period. A comprehensive overview of the Global Telecom Tower Market is recently added by UnivDatos Market Insights to its humongous database. The report has been aggregated by collecting informative data from various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the Telecom Tower market globally. This report offers a detailed analysis of the latest industry developments and trending factors that are influencing the market growth. Furthermore, this statistical market research repository examines and estimates the Global Telecom Tower Market at regional and country levels.

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Market Overview
Plenty of new opportunities are arising for tower companies to shift their attention from a macro tower focused business, towards new business models hinged on fiber, small cells, data centers, Wi-Fi, smart cities, and many. Fiber is expected to provide potential growth as deployment curve is expected to increase 1.9x time and touch 2.8 million cable kilometers in 2023 in India alone. Small cell deployment is another exciting opportunity, with outdoor small cell deployment expected to reach around 250,000 by 2023 in India. Furthermore, the number of mobile wireless service subscribers stood at 34.4 million in 2019, compared to 33.2 million in 2018. Average monthly data consumption has also witnessed a growth, with subscribers now using 2.9 gigabytes of data per month, compared to 1.4 gigabytes in 2015. Increasing surge in mobile data uses and growing urban population is expected to drive the market for telecom tower in the coming years.

COVID-19 Impact
During the Covid-19 pandemic, the global telecom sector has witnessed tremendous growth. Owing to the nationwide lockdown in many regions, the telecom industry has witnessed a significant growth in the overall demand for internet services as majority of the population were staying at home and remote working conditions. With the increase in people working from home has led to an increase in demand for downloading, online video viewing, and communication through video conferencing, all these factors have led to the increased network traffic and data usage in the early 2020.

Global Telecom Tower Market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.

By Type, the market is primarily bifurcated into:
• Lattice Tower
• Guyed Tower
• Monopole Towers
• Stealth Towers

Growth of tower leasing concept has enabled the MNOs (mobile network operator) to invest heavily in developing their infrastructure and reach across rural regions, thus bringing new revenues to the tower operators through tower installations.
By Fuel Type, the market is mainly segmented into:
• Renewable
• Non-renewable

Currently, Non-renewable fuel segment dominated the market. However, growing government initiative for alternative fuel sources is expected to drive the market for renewable fuel segment in the telecom tower sector.

By Installation, the market is mainly segmented into:
• Rooftop
• Ground-based

In 2020, Ground-based telecom tower segment dominated the market and is expected to maintain its dominance. In March 2021, Helios Towers enters into partnership agreements with Airtel Africa Group companies for the acquisition and rollout of over 2,500 sites.

By Operator, the market is mainly segmented into:
• Operator Owned
• Private Owned
• Joint Venture

Currently, operator owned segment dominated the market and is expected to maintain its dominance throughout the forecast period. In the Europe independent tower operator account for around 20% share in 2020.

Global Telecom Tower Market Geographical Segmentation Includes:
• North America (United States, Canada, Rest of North America)
• Europe (Germany, UK, France, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Australia, Rest of APAC)
• Rest of World

Based on the estimation, North America dominated the market in 2020. In 2019, smartphone penetration in North America stood at 83%, the number is expected to increase to 91% by 2025. Hence, the growing number of unique smartphone subscriber would demand more of internet service, this would drive the market for telecom tower in the region. Data uses per subscriber in the region was 10 GB in 2019. The number is expected to increase to 50 GB per subscriber by 2025.

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The major players targeting the market includes:
• American Tower Corporation
• Bharti Infratel Limited
• Helios Towers Africa
• SBA Communications Corporation
• AT&T Inc.
• Tower Systems, Inc.
• GTL Infrastructure Limited
• Indus Towers Ltd.
• Vertical Bridge, LLC.
• Orange

Competitive Landscape
The degree of competition among prominent companies has been elaborated by analyzing several leading key players operating globally. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the Global Telecom Tower Market. The major players have been analyzed by using research methodologies for getting insight views on market competition.

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Key questions resolved through this analytical market research report include:

• What are the latest trends, new patterns, and technological advancements in the Global Telecom Tower Market?
• Which factors are influencing the Global Telecom Tower Market over the forecast period?
• What are the global challenges, threats, and risks in the Global Telecom Tower Market?
• Which factors are propelling and restraining the Global Telecom Tower Market?
• What are the demanding global regions of the Global Telecom Tower Market?
• What will be the market size in the upcoming years?
• What are the crucial market acquisition strategies and policies applied by the companies?
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