Telecom Tower Market: Current Analysis and Forecast (2021-2027)

The global telecom tower market was valued around $33 billion in 2020 and is expected to showcase single digit growth during the forecast period. With innovation at the core, the telecom tower industry has carved a global niche in infrastructure sharing. By focusing on the right mix of competencies and business opportunities, the tower industry is expected to drive the upcoming infrastructure revolution globally. Rising growth of data paired with the imminent launch of next generation 5G technology, the coming decade holds exciting new prospects for tower companies. Plenty of new opportunities are arising for tower companies to shift their attention from a macro tower focused business, towards new business models hinged on fiber, small cells, data centers, Wi-Fi, smart cities, and many. Telecom tower industry is a global affair, with number of different active independent tower companies operating in different regions. For instance, American Tower, Crown Castle and SBA Communications have been around for 20 years or more in the established US market. TowerXchange tracks 249, a tower infrastructure companies are estimated to collectively own around 70% of the world’s more than 4 million investible towers and rooftops. United Kingdom is hone to three main private independent players including Arqiva, Infrastructure Group and Cellnex, which collectively own about 35,000 towers. However, independently owned towers still only account for less than 20% of the European total.
During the Covid-19 pandemic, the global telecom sector has witnessed tremendous growth. Owing to the nationwide lockdown in many regions, the telecom industry has witnessed a significant growth in the overall demand for internet services as majority of the population were staying at home and remote working conditions. With the increase in people working from home has led to an increase in demand for downloading, online video viewing, and communication through video conferencing, all these factors have led to the increased network traffic and data usage in the early 2020.
Insights Presented in the Report
“Amongst Type, Lattice Tower segment dominated the market in 2020.”
Based on type the global Telecom Tower market is bifurcated into Lattice Tower, Guyed Tower, Monopole Towers, Stealth Towers. In 2020, Lattice Tower segment dominated the market and is expected to maintain its dominance during the forecast period. Growth of tower leasing concept has enabled the MNOs (mobile network operator) to invest heavily in developing their infrastructure and reach across rural regions, thus bringing new revenues to the tower operators through tower installations.
“Amongst fuel type, Non-renewable segment dominated the market in 2020.”
Based on fuel type, the market is segmented into Renewable, Non-renewable. Currently, Non-renewable fuel segment dominated the market. However, growing government initiative for alternative fuel sources is expected to drive the market for renewable fuel segment in the telecom tower sector.
“Amongst installation, Ground-based telecom tower segment dominates the market in 2020.”
Based on Installation, the market is bifurcated into Rooftop, Ground-based. In 2020, Ground-based telecom tower segment dominated the market and is expected to maintain its dominance. In March 2021, Helios Towers enters into partnership agreements with Airtel Africa Group companies for the acquisition and rollout of over 2,500 sites.
“Amongst operator, operator owned segment dominated the market in 2020.”
Based on operator, the market is bifurcated into operator owned, private owned, joint venture. Currently, operator owned segment dominated the market and is expected to maintain its dominance throughout the forecast period. In the Europe independent tower operator account for around 20% share in 2020.
“Asia-Pacific represents as the largest markets in the Global Telecom Tower Market.”
For a better understanding of the market adoption, report provide detailed analysis for major region and countries including North America (US, Canada, Rest of North America), Europe (Germany, UK, France, Spain, Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Rest of APAC), and Rest of World. North America with countries such as US, Canada etc. are investing in upgrading the old telecom assets. Some of the major companies profiled in the report includes American Tower Corporation, Bharti Infratel Limited, Helios Towers Africa, SBA Communications Corporation, AT&T Inc., Tower Systems, Inc., GTL Infrastructure Limited, Indus Towers Ltd., Vertical Bridge, LLC., Orange.
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• Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry
• The study comprehensively covers the market across different segments
• Deep dive country level analysis of the industry
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