Telecom Tower Market Global Telecom Tower Market Growth Rate by Region
DUBLIN, March 26, 2024 (Globe Newswire) — The “Telecom Towers – Market Share Analysis, Industry Trends & Statistics, Growth Forecast 2019-2029” report has been added. ResearchAndMarkets.com Recruitment.
Rise of 5G and network infrastructure investment drives communications tower market
The Telecom Towers market size is estimated to reach a valuation of USD 32.75 billion by the end of 2029, driven by the implementation of 5G technology and increasing demand for advanced network infrastructure. Growing at a compound annual growth rate (CAGR) of 2.84% over the forecast period (2024-2029), the market is responding to the increasing demand for high-density infrastructure required for his 5G technology.
Advances in Mobile Connectivity Driving Market Growth
The major factors contributing to the significant growth of the telecom tower market include expansion of LTE and LTE-A networks, proliferation of connected devices, and Internet of Things (IoT) revolution. The rise of carrier-owned tower models and third-party management companies has further changed the market landscape, creating new opportunities for scalability and partnerships in the telecommunications space.
Environmental and economic factors influencing market trends
Although the communications tower market continues to show high growth potential, environmental impacts such as radiation concerns from mobile towers present challenges that the industry is grappling with. Economically, the industry's expansion coincides with an increase in global internet usage, further spurred by the emphasis on remote work and digital connectivity due to the COVID-19 pandemic.
North America is poised to capture major market share
North America is expected to hold a significant share of the telecom tower market, with the US leading the way thanks to strategic alliances, extensive deployment plans, and government-backed initiatives aimed at bridging the connectivity gap. Canada's territories are similarly making significant investments to improve access to wireless services and deploy cutting-edge network technology.
Competitive environment and strategic collaboration shaping the industry
The Telecom Towers market exhibits moderately intense competition with a few large players dominating the industry. Strategic alliances, acquisitions, and long-term agreements, such as American Tower Corporation's investment in ATC Africa and T-Mobile US's partnership with Crown Castle, highlight the dynamic expansionism and innovation that characterize the industry's ongoing evolution. doing.
The consistent growth of the telecom tower market highlights its critical role in providing the infrastructure needed for evolving communications technologies and the eventual transition to a more connected and digitalized global economy.
Some of the companies mentioned in this report include:
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american tower corporation
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helios towers africa
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Indus Towers Limited (Bharti Infratel)
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china tower corporation
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SBA Communications Co., Ltd.
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AT&T Corporation
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Crown Castle International Co., Ltd.
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T-Mobile USA Inc.
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GTL Infrastructure Limited
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IHS Towers (IHS Holding Limited)
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Tawar Com SA
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Cellnex Telecom
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german music tower
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first tower company
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orange
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Telenor ASA
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zon pakistan
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Telkom Indonesia
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Telxius Telecom SA
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Telesite SAB de CV
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Group Torresur
Covers key topics
1.First of all
1.1 Research assumptions and market definition
1.2 Scope of investigation
2 Research method
3 Executive summary
4 Market Insights
4.1 Market overview
4.2 Industry Attraction – Porter’s Five Forces Analysis
4.2.1 Bargaining power of suppliers
4.2.2 Bargaining power of consumers
4.2.3 Threat of new entrants
4.2.4 Threat of substitutes
4.2.5 Intensity of competition
4.3 Assessing the impact of COVID-19 on the market
5 Market dynamics
5.1 Market Drivers
5.1.1 Improving connections/connectivity to rural areas
5.1.2 Improving and responding to growing data needs
5.2 Market challenges
5.2.1 Environmental concerns regarding tower power supply systems
5.2.2 Tower sharing between carriers
6 Technology Snapshot
6.1 Describe the key trends in the telecommunications industry – Infrastructure sharing (active and passive)
7 Market Segmentation
7.1 By fuel type
7.1.1 Renewable energy
7.1.2 Non-renewable
7.2 By type of tower
7.2.1 Lattice Tower
7.2.2 Guide tower
7.2.3 Monopole Tower
7.2.4 Stealth Tower
7.3 By installation
7.3.1 Rooftop
7.3.2 Ground installation
7.4 By Ownership
7.4.1 Operator Owned
7.4.2 Joint ventures
7.4.3 Personally owned
7.4.4 MNO Captive
7.5 By geography
7.5.1 North America
7.5.1.1 United States
7.5.1.2 Canada
7.5.2 Europe
7.5.2.1 United Kingdom
7.5.2.2 Germany
7.5.2.3 France
7.5.2.4 Italy
7.5.2.5 Spain
7.5.2.6 Netherlands
7.5.2.7 Sweden
7.5.2.8 Switzerland
7.5.2.9 Rest of Europe
7.5.3 Asia Pacific
7.5.3.1 China
7.5.3.2 India
7.5.3.3 Japan
7.5.3.4 South Korea
7.5.3.5 Indonesia
7.5.3.6 Vietnam
7.5.3.7 Malaysia
7.5.3.8 Philippines
7.5.3.9 Australia and New Zealand
7.5.3.10 Rest of Asia Pacific
7.5.4 Latin America
7.5.4.1 Brazil
7.5.4.2 Mexico
7.5.4.3 Argentina
7.5.4.4 Central America
7.5.4.5 Colombia
7.5.4.6 Rest of Latin America
7.5.5 Middle East and Africa
7.5.5.1 Saudi Arabia
7.5.5.2 Egypt
7.5.5.3 Algeria
7.5.5.4 Nigeria
7.5.5.5 South Africa
7.5.5.6 Tanzania
7.5.5.7 Morocco
7.5.5.8 Rest of the Middle East and Africa
8 Competitive environment
8.1 Company Profile
8.1.1 American Tower Corporation
8.1.2 Helios Towers Africa
8.1.3 Indus Towers Limited (Bharti Infratel)
8.1.4 China Tower Corporation
8.1.5 SBA Communications Co., Ltd.
8.1.6 AT&T Inc.
8.1.7 Crown Castle International Corporation
8.1.8 T-Mobile USA Inc.
8.1.9 GTL Infrastructure Only
8.1.10 IHS Towers (IHS Holding Limited)
8.1.11 Tawalkom SA
8.1.12 Cellnex Telecom
8.1.13 German Music Tower
8.1.14 Daiichi Tower Company
8.1.15 Orange
8.1.16 Telenor ASA
8.1.17 Zon Pakistan
8.1.18 Telkom Indonesia
8.1.19 Telxius Telecom SA
8.1.20 Telesite SAB de CV
8.1.21 Group Tresure
9 Investment analysis
10 Future of the market
For more information on this report, please visit https://www.researchandmarkets.com/r/uy741t.
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