Telecom Towers Market Scope
Telecom tower is high structures intended to support antennas for telecommunications as well as broadcasting. There is various type of telecom towers including lattice tower, guyed tower, monopole tower, camouflage towers, and mobile (vehicle mounted) tower. The second generation (2G) mobile telecommunication provided a major enhancement to the mobile telecom industry as it surprised customers with internet browsing offering on mobile phones along with clear voice calling services. Most of the countries possess 5G connectivity which is an extremely dense networking system given that real-time voice calling as well as superior data transfer rate.
According to AMA, the Global Telecom Towers market is expected to see growth rate of 16.76%
Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Telecom Towers market throughout the predicted period.
American Tower Corporation (United States), Helios Towers Africa (United States), Bharti Infratel Ltd. (India), China Tower Corporation (United States), SBA Communications Corp. (United States), AT&T Inc. (United States), Crown Castle International Corporation (United States), T-Mobile Towers (United States), GTL Infrastructure Inc. (India) and Verizon Communications Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Vodafone Group Plc (United Kingdom), Telenor Group (Norway), MTN Group (South Africa) and Telstra Corp. Ltd. (Australia).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
The study have segmented the market of Global Telecom Towers market by Type (Lattice Tower, Guyed Tower, Monopole Tower, Camouflage Towers and Mobile (Vehicle Mounted) Tower) and Region with country level break-up.
On the basis of geography, the market of Telecom Towers has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
On 18th January 2019, Helios Towers Ltd. Global player of telecoms tower Infrastructure Company has acquired South African tower company, SA Towers Ltd.
On 14th January 2018, Helios Towers Ltd. the independent telecoms tower infrastructure company has announced that they will create a South African infrastructure platform with South Africa’s Vulatel Ltd. The infrastructure platform, Helios Towers South Africa will build out wireless and fixed-line open-access infrastructure in South Africa.
- High Adoption of IOT
- High Demand Due to Real-time Security Devices Monitoring and Accessibility
- Growing Reach of Mobile Phones to Almost Every Remote Area
- Increasing Rivalry among Service Provider for Better Network Coverage
- Emerging Technology in Telecom Tower
- High Installation and Operational Cost
- The Harmful Effect of High-Frequency Radio Waves and Microwaves
- Strict Government Regulations Associated with Telecom Towers
Key Target AudienceTelecom Tower Manufactures, Telecom Industry, Government Regulatory Bodies, Government and Private Research Organization and Others