Global Telecom Tower Market Analysis To 2025 Leading Players Conduent, Kapsch Group, Mitsubishi Heavy Industries Machinery Systems, Siemens Mobility, Thales Group, Continuum Electroproducts, EFKON, Neology, QuaLiX Information System LLP, SkyToll, a. s.

The global telecom tower market accounted for US$ 40.0 Bn in 2017 and is expected to grow at a CAGR of 18.0% during the forecast period 2018 - 2025, to account to US$ 146.5 Bn by 2025.

Global Telecom Tower Market report aims to provide a 360-degree view of the market in terms of cutting-edge technology, key developments, drivers, restraints and future trends with impact analysis of these trends on the market for short-term, mid-term and long-term during the forecast period. Further, the report also covers key players profiling with detailed SWOT analysis, financial facts and key developments of products/service from the past three years.

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Some of the leading players in global market are Conduent, Inc., Kapsch Group, Mitsubishi Heavy Industries Machinery Systems, Ltd., Siemens Mobility GmbH, Thales Group, Continuum Electroproducts LLP, EFKON GmbH, Neology, Inc., QuaLiX Information System LLP, SkyToll, a. s.

Factors such as the advancement in technology in today's world and the existing network infrastructures prove to be incapable of handling the predicted surge in the number of connected devices as well as the data explosion over the network. As a result, a huge demand for a more robust and reliable communication network infrastructure capable of handling huge influx of data over the network is on the rise. Social media has become an integral part of individual's lifestyle in recent times and thus the use of internet has also rapidly increased. The bolstering demand of Internet of Things (IoT) connectivity, security, mobile data traffic, and expansion of mobile apps lead to the integration of cloud architecture with the mobile networks to enhance the flexible delivery of services with high speed is boosting the demand for telecomm tower market globally. Thus, the telecom tower market is anticipated to witness significant surge in demand during the forecast period. The South America telecom tower market region is expected to witness a CAGR growth rate of 10.6% in the coming years.

Sensing, the potential significance of telecomm tower in business, Governments of various developing economies across the globe have realized the potentials of Telecom Tower and the impact this technology can have on the GDP of the country. Also, it is anticipated that due to digitalization of businesses, huge jobs would be created that would in turn have a positive impact on the economy of a particular country. TeleBrasil, which is the Brazilian Telecommunications Association has signed an agreement with China, the US, European Union, Japan and South Korea to develop Telecom Tower technology in the country. Also, the Brazilian Government has established a partnership with Ericsson for building an innovation center focused on Telecom Tower and IoT.

The Mexican Government is striving to increase the connectivity coverage across the country with its project named Red Compartida. This project involves building a Telecom Tower ready network using the LTE technology for rollout in Mexico. Further, countries like Argentina, Chile, and Columbia have also taken initiatives for investment in the Telecom Tower technology through partnerships with giant telecommunication players such as Nokia and Huawei Telecommunications. Moving on to the Middle East and African countries, the Saudi Arabian government is strategically focusing on the development of Telecom Tower technology in various countries present in this region. Thus, the telecom tower market is expected to provide numerous profitable opportunities for the market players in the coming years.

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The Indian telecom tower market is highly matured and sophisticated owing to large numbers of independent towercos, mobile network operators (MNO) captive sites and joint venture towercos. In the present market scenario, India houses 459,926 telecom tower, out of which, Indus Tower holds the largest percentage of 27% followed by state-owned MNO, BSNL with 65,000 towers. Other prominent towercos operating in the country include American Tower, Reliance Infratel, Bharti Infratel, Reliance Jio (RJio), Reliance (RCom), Vodafone India, and Bharti Airtel among others. Mergers and acquisitions among various MNOs in the country is building a strong telecom tower market in India. For instance, Vodafone India and Idea Cellular have divested their tower portfolios to American Tower which added a tower count of 20,000. Similarly, Reliance Communication (RCom) is expected to divest its 43,000 towers to Reliance Jio (RJio). The merged combination of state owned MNO, BSNL and independent towerco Indus Tower is foreseen to run a tower count of 1,63,000 towers across the country in the near future. Another state owned MNO, MTNL is expected to divest its 10,000 towers with an aim to reduce its debts. The Indian telecom tower market is expected to grow with an attractive CAGR growth rate of 30.1% from 2019 to 2025.

Reason To Buy:
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-Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
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This release was published on openPR.