Telecom Towers Market Poised For Growth in Worldwide
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. Key Takeaways of the Market: 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. For More Insights (at) https://www.coherentmarketinsights.com/market-insight/telecom-towers-market-2826
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.
Key Takeaways of the Market:
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.
For More Insights (at) https://www.coherentmarketinsights.com/market-insight/telecom-towers-market-2826
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TELECOM<br />
TOWER<br />
MARKET<br />
<strong>Market</strong> Size (2019)<br />
US$ 41.76 BN<br />
CAGR (2019 -<br />
2027)<br />
12.2%<br />
© Coherent <strong>Market</strong> Insights. All Rights Reserved
Segmentation (Scope)<br />
By Development Type By Installation By Application<br />
<br />
Lattice Tower<br />
<br />
Rooftop<br />
<br />
Communication<br />
<br />
Guyed Tower<br />
<br />
Ground-based<br />
<br />
Radio<br />
<br />
Monopole Tower<br />
<br />
Radar<br />
<br />
Stealth Tower<br />
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Major Drivers<br />
<br />
Exponentially<br />
Proliferat<strong>in</strong>g Mobile<br />
Subscribers And Internet<br />
User-base Across The<br />
Globe<br />
<br />
Necessity To Enable And<br />
Provide Seamless<br />
Communication Facility<br />
Across Rular, Urban And<br />
Highways<br />
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EUROPE<br />
<strong>Market</strong> Size (2018)<br />
US$ 7.69<br />
BN<br />
ASIA PACIFIC<br />
<strong>Market</strong> Size (2018)<br />
US$ 23.89<br />
BN<br />
CAGR<br />
7.2%<br />
CAGR<br />
7.7%<br />
© Coherent © Coherent <strong>Market</strong> <strong>Market</strong> Insights. All All Rights Rights Reserved Reserved
Major Players<br />
American Tower Corporation<br />
SBA Communications<br />
Corporation<br />
Ch<strong>in</strong>a Tower Corporation<br />
Bharti Infratel Limited<br />
Hellos Tower Africa<br />
GTL Infrastructure Limited<br />
AT&T Inc.<br />
T-Mobile USA, Inc.<br />
Crown Castel International<br />
Corporation<br />
© Coherent © Coherent <strong>Market</strong> <strong>Market</strong> Insights. All All Rights Rights Reserved Reserved
Global <strong>Telecom</strong> <strong>Towers</strong> <strong>Market</strong> Share<br />
(%), By Deployment Type (2018)<br />
Shared Infrastructure<br />
Deployment<br />
67.7%<br />
Owned<br />
Deployment<br />
XX%<br />
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