Telecom Tower Market to 2027, Future Outlook, COVID-19 Impact Analysis, Forecast 2021-2027
The global telecom tower market is anticipated to grow at a CAGR of 3.4% during the forecast period. The major factors behind the growth of the market include the increasing work from home population and increasing consumption of video content downloads, streaming on the social media platforms. All these factors will fuel the growth of the market during the forecast period.
According to the telecom exchange
websites, around 250,000 towers were erected globally in 2020, with emerging
economies like China and India having most of the tower installations. Due to
the recent COVID-19 pandemic, the work from home culture has increased the need
for high-speed internet and better communications. Due to these factors, there
will be significant growth in the market during the forecast period. On
December 2020, American Tower Corporation completed the acquisition of InSite
Wireless Group LLC for US $3.5 billion. There has been an increase in the
operator-owned towers across the globe. Today, there are more than 2 million
telecom towers in place, which are owned by the operators. These telecom towers
infra companies have multiple mobile network operators (MNOs) as their clients,
providing further growth in the market during the forecast period. According to
the American Tower Corporation, in 2020, India had the most number of towers,
which are operator owned and are around
74,732 followed by the US which stands at 27,058. All these factors combined
will fuel the growth of the market significantly during the forecast period.
According to the Communications Monitoring Report 2020, the average monthly
consumption of data will increase to 2.9 gigabytes per month. Some of the key
global players in the telecom tower market include Bharti Infratel Limited,
AT&T, Inc., Helios Towers Africa, American Tower Corporation, Verizon, SBA
Communications Corporation, and many others.
A full report of Telecom Tower Market is
available at: https://www.omrglobal.com/industry-reports/telecom-tower-market
Market
Coverage
·
The market number available for – 2020-2027
·
Base year- 2020
·
Forecast period- 2021-2027
·
Segment Covered-
o By
Type of Tower
o By
Installation
o By
Ownership
·
Competitive Landscape -Bharti Infratel Limited,
AT&T, Inc., Helios Towers Africa, American Tower Corporation, Verizon, SBA
Communications Corporation, and many others.
Key
questions addressed by the report
·
What is the market growth rate?
·
Which segment and region dominates the market in
base year?
·
Which segment and region will project fastest
growth in the market?
·
How COVID-19 impacted the market?
o Recovery
Timeline
o Deviation
from pre-COVID forecast
o Most
affected region and segment
·
Who is the leader in the market?
·
How players are addressing challenges to sustain
growth?
·
Where is the investment opportunity?
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copy @ https://www.omrglobal.com/request-sample/telecom-tower-market
Global
Telecom Tower Market
By
Type of Tower
·
Lattice Tower
·
Guyed Tower
·
Monopole Tower
·
Stealth Tower
By
Installation
·
Ground Based
·
Rooftop
By
Ownership
·
Operator owned
·
Joint venture
·
Privately owned
·
MNO captive
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customization @ https://www.omrglobal.com/report-customization/telecom-tower-market
Telecom Tower Market– Segment by Region
North America
·
United States
·
Canada
Europe
·
Germany
·
United Kingdom
·
France
·
Spain
·
Italy
·
Rest of Europe
Asia-Pacific
·
China
·
Japan
·
India
·
Rest of
Asia-Pacific
Rest of the World
·
Middle East &
Africa
·
Latin America
Company Profiles
·
Bharti Infratel Limited
·
AT&T, Inc.
·
Helios Towers Africa
·
American Tower Corporation
·
Verizon
·
SBA Communications Corporation
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