Telecom Tower Market: Introduction
Mobile telecom industry has witnessed significant growth rate in last decade and it is expected to grow consistently over different generations of network communications. Starting from ‘0G’ mobile telecom service (MTS) to current long term evolution (LTE) 4G, the mobile telecommunication has turned as necessity to everyone. The second generation (2G) mobile telecommunication gave a major boost to the mobile telecom industry as it surprised consumers with internet browsing offering on mobile phones along with clear voice calling facilities. Now, most of the countries possess 4G connectivity which is a highly dense networking system providing real time voice calling and enhanced data transfer rate. Also, few countries like Japan and U.S. are implementing 4.5G and in development of 5G network communications.
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Telecom Tower Market: Dynamics
The telecom tower market is primarily dependent on mobile subscriber density and number of telecom service providers in any region. The increasing reach of mobile phones to almost every remote area, increasing competition among service provider for better network coverage are some of the current drivers of telecom tower market. Also, permissible height limits in any area restricts service provider to install multiple towers in small zones. Moreover, increasing the number of telecom service providers, internet providers, Wi-Fi and broadband providers are expected to drive the telecom tower market in the forecast period.
Whereas, the harmful effects of high frequency radio waves or microwaves on human and environment is expected to limit telecom tower market. Also, regulations from government and telecom authorities is expected to put restraints on telecom tower market. Moreover, high installation cost, high operational costs and squeezing space are some other factors which can suppress telecom tower market growth.
Recent trends have shown high prospective of strengthening of telecom tower network, where multiple new technologies are liable to grow. Ongoing researches on ‘Internet of Things (IoT)’, real time security devices monitoring and accessibility, remote health care services, etc. are some emerging technologies projecting to increase the burden on telecom tower in coming years.
Telecom Tower Market: Segmentation
| On the basis of type of tower |
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| On the basis of mounting area the telecom tower |
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Telecom Tower Market: Key Players
The telecom towers are generally installed either by telecom service provider or third party infrastructure providers. Some examples of telecom service providers are China Mobile Ltd., Verizon Communications Inc., AT&T Inc., Vodafone Group Plc, Bharti Telecom Ltd., China Unicom Ltd., Telenor Group, MTN Group and Telstra Corp. Ltd.
Whereas some examples of third party tower erection and service providers includes – Indus Towers Ltd., 3Z Telecom, GTL Infrastructure Limited, Tower Systems, Inc., American Tower Corporation, Reliance Infratel Limited, LeBLANC Communications (M) Sdn.Bhd., ATC IP LLC., and Vertical Bridge, LLC.
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It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, technology and applications.
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