The global telecom tower market reached a volume of 4.47 Million Units in 2021. Looking forward, IMARC Group expects the market to reach a volume of 5.51 Million Units by 2027, exhibiting a CAGR of 3.50% during 2022-2027.
IMARC Group’s latest research report, titled “Telecom Tower Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on telecom tower market Share.
A telecommunication tower is a tall steel tower that provides services of data and connection to the masses through private ownership, rented or shared infrastructure, or joint ventures. It houses a transceiver unit at the top that is connected to thousands of mobile phones and the mobile telephone switching office (MTSO). Additionally, it offers a large spectrum of multi-channel frequencies for phones in the network area, thereby allowing faster data transfer rates and better connectivity.
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Important Attribute and highlights of the Report:
- Detailed analysis of the global market share
- Market Segmentation by type of tower, fuel type, installation and ownership.
- Historical, current, and projected size of the market in terms of volume and value
- Latest industry trends and developments
- Competitive Landscape for Telecom Tower Market
- Strategies of major players and product offerings
The market is primarily driven by substantial growth in network traffic and data usage across the globe. This can be attributed to the increasing number of smartphone users and remote working conditions. Apart from this, the rising tie-ups between government agencies and municipal corporations are also acting as a significant growth-inducing factor for the market. Some of the other factors providing an impetus to the market growth include rapid urbanization, fiber telecommunications tower upgrades, rising investments in advanced 5G data networks and internet of things (IoT), and fierce competition among service provider companies.
Key Players Included in Global Telecom Tower Market Research Report:
- American Tower Corporation
- AT&T Inc
- Cellnex Telecom S.A.
- China Tower Corporation Limited
- Crown Castle
- GTL Infrastructure Limited
- Helios Towers plc
- IHS Holding Limited
- Indus Towers Limited (Bharti Airtel)
- SBA Communications Corporation
- Telesites S.A.B de C.V.
- Viom Networks.
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COVID-19 Impact Overview:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Key Market Segmentation:
Breakup by Type of Tower:
- Lattice Tower
- Guyed Tower
- Monopole Towers
- Stealth Towers
Breakup by Fuel Type:
Breakup by Installation:
Breakup by Ownership:
- Joint Venture
- MNO Captive
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
TOC for the Telecom Tower Market Research Report:
- Scope and Methodology
- Executive Summary
- Global Telecom Tower Market
- SWOT Analysis
- Value Chain Analysis
- Price Analysis
- Competitive Landscape
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