What is Telecom Towers Market?
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.
The market study is being classified by Type (Lattice Tower, Guyed Tower, Monopole Tower, Camouflage Towers and Mobile (Vehicle Mounted) Tower) and major geographies with country level break-up. According to AMA, the Global Telecom Towers market is expected to see growth rate of 16.76%
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 profiled in the study. 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).
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Telecom Towers market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Telecom Towers market by Type, Application and Region.
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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Growing Reach of Mobile Phones to Almost Every Remote Area
- Increasing Rivalry among Service Provider for Better Network Coverage
- High Adoption of IOT
- High Demand Due to Real-time Security Devices Monitoring and Accessibility
- High Installation and Operational Cost
- The Harmful Effect of High-Frequency Radio Waves and Microwaves
- Emerging Technology in Telecom Tower
- Strict Government Regulations Associated with Telecom Towers
Market Leaders and some 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.
Key Target AudienceTelecom Tower Manufactures, Telecom Industry, Government Regulatory Bodies, Government and Private Research Organization and Others
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