At CAGR 18.5% Telecom Tower Market sales to Grow US$ 146.5 Billion by 2025

The Telecom Tower Market Research Report helps out market players to improve their business plans and ensure long-term success. The extensive research study provides in-depth information on Global Innovations, New Business Techniques, SWOT Analysis with Key Players, Capital Investment, Technology Innovation, and Future Trends Outlook.

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.

Majority of the telecom tower installations have belonged to the lattice tower category or the monopole tower category. These type of towers provide maximum coverage for the operators and therefore serve a wider mass. Also, in the initial years, Greenfield towers were mostly observed in the tower installations however, with space constraints and rising land costs, rooftop towers have found higher attractiveness amongst the telecom tower players as well as the mobile network operators.

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Competitive Landscape: Telecom Tower Market: 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.

Key findings of the study:
• From a growth perspective India in Asia-Pacific region is anticipated to witness the most lucrative CAGR growth of 24.2% rate during the forecast period
• Based on deployment type, the roof type segment is projected to witness significant lucrative profitable opportunities with projected CAGR growth rate of 21.5%
• The growing penetration of high speed internet coupled with rising volume of cellular devices in India is poised to boost the telecom tower market in the country thereby registering a staggering CAGR growth rate of 30.1%

The report assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the Telecom Tower industry. Growth of the overall Telecom Tower market has also been forecasted for the period 2019-2027, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

As the green field towers are placed at areas which are slightly away from the human residencies, the concerns around the harmful radiation effects from these towers are eliminated. Also, in the semi-urban as well as rural areas, the placement of the green field towers is more feasible as compared to the rooftop towers as they provide maximum coverage to the area it serves. Advantages such as provisioning maximum coverage, and accommodating more number of tenants on a single tower leading to more revenue generation for the towerco are anticipated to further drive the adoptions of green field towers in the coming years. Also, initiatives from the Government for bringing digitalization in the rural and semi-urban areas is also expected to further boost the market growth.

The reports cover key developments in the Telecom Tower Market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players.

Promising Regions & Countries Mentioned in The Telecom Tower Market Report:
• North America
• Europe
• Asia-Pacific
• Latin America
• The Middle East & Africa

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Highlights of the report:
• A complete backdrop analysis, which includes an assessment of the parent market
• Important changes in market dynamics
• Market segmentation up to the second or third level
• Historical, current, and projected size of the market from the standpoint of both value and volume
• Reporting and evaluation of recent industry developments
• Market shares and strategies of key players
• Emerging niche segments and regional markets
• An objective assessment of the trajectory of the market
• Recommendations to companies for strengthening their foothold in the market

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This release was published on openPR.