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18% CAGR for Telecom Tower Market to Account US$ 146.53 Billion by 2025

Growth of independent tower companies through infrastructure sharing enabling overall growth of telecom tower market at a CAGR of 18.0% - According to The Insight Partners

 

New York, USA -- (SBWIRE) -- 03/08/2019 -- Latest market study on Telecom Tower Market is estimated to reach US$ 146.53 Bn by 2025 from US$ 40.04 Bn in 2017. The report include key understanding on the driving factors of this growth and also highlights the prominent players in the market and their developments.

The telecom tower market report emphasizes an in-depth categorization of telecom tower market based by types, tower placement, and deployment type. The geographic breakdown of the telecom tower covers key regions including; North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South America (SAM). The regional segment for telecom tower market has been further classified into respective countries. Based on type segment, the global telecom tower market is dominated by lattice towers, capturing a significant market share in 2017, and the need for the same is anticipated to saturate over the years till 2025. Regionally, the telecom tower market was led by the Asia Pacific countries, and these countries are estimated to deploy and install telecom towers in large numbers during the forecast period from 2018 – 2025, making the region grow at a prime rate.

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The market for telecom tower globally has been segmented on the basis of type into the following segments including lattice towers, guyed towers, monopole towers, camouflage towers, and mobile cell towers. The telecom tower market has been further bifurcated on the basis of tower placement into Greenfield tower, and rooftop tower. Also, the telecom tower market has been segmented based on the deployment type into shared infrastructure deployment and owned deployment. Geographically the telecom tower market is presently dominated by developed regions including, Asia Pacific. However, the market is expected to be in favor of Middle East and Africa, and North America. The rising penetration of smartphones in the developing economies of Africa and Asia coupled with the rapidly developing internet infrastructures in these regions are proving to be the major drivers for the growth in the adoption of telecom tower installations.

The market for telecom tower is concentrated with large numbers of well-established players as well as emerging players across the globe. The major companies operating in the market includes American Tower Company, China Tower Corporation, Indus Towers Limited, IHS Holding Limited, and PT Tower Bersama Infrastructure TBK. Ltd. Also, Crown Castle International Corp., SBA Communications Corporation, Telesites S.A.B. de C.V., Cellnex Telecom, S.A. (Abertis Telecom Satélites, S.A., and Telxius. are few other players that are investing into the technological innovations for rolling out telecom towers in the near future.

The report segments the global telecom tower market as follows:

Global Telecom Tower Market - By Type

- Lattice Towers
- Guyed Towers
- Monopole Towers
- Camouflage Towers
- Mobile Cell Towers

Global Telecom Tower Market - By Tower placement

- Greenfield Tower
- Rooftop Tower

Global Telecom Tower Market - By Deployment Type

- Shared Infrastructure Deployment
- Owned Deployment

Global Telecom Tower Market - By Geography

North America

- U.S.
- Canada
- Mexico

Europe

- France
- Germany
- Italy
- Spain
- UK
- Rest of Europe

Asia Pacific (APAC)

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

Middle East and Africa (MEA)

- South Africa
- Egypt
- Morocco
- Oman
- Saudi Arabia
- UAE
- Kuwait
- Qatar
- Bahrain
- Rest of Middle East and Africa

South America (SAM)

- Brazil
- Rest of South America

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