Telecom Towers Market Poised For Growth in Worldwide

CoherentMarketInsightsPvtLtd

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.
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TELECOM

TOWER

MARKET

Market Size (2019)

US$ 41.76 BN

CAGR (2019 -

2027)

12.2%

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Segmentation (Scope)

By Development Type By Installation By Application


Lattice Tower


Rooftop


Communication


Guyed Tower


Ground-based


Radio


Monopole Tower


Radar


Stealth Tower

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Major Drivers


Exponentially

Proliferating Mobile

Subscribers And Internet

User-base Across The

Globe


Necessity To Enable And

Provide Seamless

Communication Facility

Across Rular, Urban And

Highways

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EUROPE

Market Size (2018)

US$ 7.69

BN

ASIA PACIFIC

Market Size (2018)

US$ 23.89

BN

CAGR

7.2%

CAGR

7.7%

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Major Players

American Tower Corporation

SBA Communications

Corporation

China Tower Corporation

Bharti Infratel Limited

Hellos Tower Africa

GTL Infrastructure Limited

AT&T Inc.

T-Mobile USA, Inc.

Crown Castel International

Corporation

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Global Telecom Towers Market Share

(%), By Deployment Type (2018)

Shared Infrastructure

Deployment

67.7%

Owned

Deployment

XX%

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