Telecom Tower Market Increasing Demand, Growth Analysis and Future Outlook by 2031

The global telecom tower market is anticipated to grow at a CAGR of 3.4% during the forecast period. The major factors behind the growth of the market include the increasing work from home population and increasing consumption of video content downloads, streaming on the social media platforms. All these factors will fuel the growth of the market during the forecast period.

To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/telecom-tower-market

According to the telecom exchange websites, around 250,000 towers were erected globally in 2020, with emerging economies like China and India having most of the tower installations. Due to the recent COVID-19 pandemic, the work from home culture has increased the need for high-speed internet and better communications. Due to these factors, there will be significant growth in the market during the forecast period. On December 2020, American Tower Corporation completed the acquisition of InSite Wireless Group LLC for US $3.5 billion. There has been an increase in the operator-owned towers across the globe. Today, there are more than 2 million telecom towers in place, which are owned by the operators. These telecom tower infra companies have multiple mobile network operators (MNOs) as their clients, providing further growth in the market during the forecast period. According to the American Tower Corporation, in 2020, India had the most number of towers, which are operator owned and are around 74,732 followed by the US which stands at 27,058. All these factors combined will fuel the growth of the market significantly during the forecast period. According to the Communications Monitoring Report 2020, the average monthly consumption of data will increase to 2.9 gigabytes per month.Some of the key global players in the telecom tower market include Bharti Infratel Limited, AT&T, Inc., Helios Towers Africa, American Tower Corporation, Verizon, SBA Communications Corporation, and many others.

Global Telecom Tower Market

By Type of Tower

• Lattice Tower
• Guyed Tower
• Monopole Tower
• Stealth Tower

By Installation

• Ground Based
• Rooftop

By Ownership

• Operator owned
• Joint venture
• Privately owned
• MNO captive

A full report of Telecom Tower Market available @ https://www.omrglobal.com/industry-reports/telecom-tower-market

Telecom Tower Market Report Segment by Region

North America

• United States
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa
• Latin America

Company Profiles

• Bharti Infratel Limited
• AT&T, Inc.
• Helios Towers Africa
• American Tower Corporation
• Verizon
• SBA Communications Corporation

Reasons to Buying From us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

Visit more report at

https://www.linkedin.com/pulse/scaffold-technology-market-size-trends-latest-arti-vishwakarma-mlsof/

https://www.linkedin.com/pulse/aesthetic-threads-market-increasing-demand-growth-2031-vishwakarma-pyg5f

Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

This release was published on openPR.