Latest News- Telecom Tower Market: Ground-based is expected to lead the Deployment segment during 2025-2029

The Telecom Tower Market is being driven by Rising demand for fixed wireless access (FWA)

The Telecom Tower Market is expected to grow at a CAGR of 7% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 19719.8 million. In the telecom industry, network densification is a strategic approach to enhance capacity and coverage in high-density areas. Small cells, a crucial element of this strategy, are deployed alongside macro towers to augment network performance. The escalating demand for network densification, driven by the increasing need for data services in urban environments, necessitates additional infrastructure for integrating small cells with telecom towers. Small cells, particularly effective in urban and high-density areas where macro towers may encounter limitations, help fill coverage gaps and boost capacity. To cater to this trend, telecom tower operators are integrating small cells into their infrastructure, ensuring optimal connectivity solutions for urban populations. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Deployment
  • Ground-based
  • Roof-top
• Business Segment
  • Operator-led tower companies
  • MNO captive sites
  • Independent tower companies
  • Joint venture infrastructure companies
• Geography
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • North America
    • Canada
    • US
  • Europe
    • Germany
    • UK
    • France
  • Middle East and Africa
  • South America

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Rising demand for fixed wireless access (FWA)
• Technological advancements in tower technology
• Increasing adoption of IoT devices

However, the market also witnesses some limitations, which are as follows:

• Increase in carbon emission
• Strict government regulations associated with installation of telecom towers
• Limited grid access in remote areas

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Market Scope in Telecom Tower Market Research Report

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Research Analysis Overview

The Telecom Tower Market encompasses tall structures equipped with antennas that support modern telecommunications networks, including 5G technology and Long Term Evolution (LTE-A). These towers are crucial infrastructure components for Mobile Networks, facilitating wireless communication between 5G connectivity, IoT devices, and mobile devices. In GCC countries, tower-sharing is a growing trend to enhance network coverage and reduce costs. Telecom infrastructure plays a vital role in Wireless Communication Services, Radio Broadcast, and Gross Domestic Product growth. 5G technology and LTE-A technology are the next-generation network solutions that will drive market expansion.

Market Research Overview

The Telecom Tower market is a significant segment of the global communications equipment market, which encompasses manufacturers of telecom infrastructure, such as LTE-A towers and Radio Access Network (RAN) equipment. According to Mordor Intelligence, key drivers for market growth include the deployment of 5G technology and the increasing number of IoT devices in GCC countries. The GSMA Association projects that 5G will contribute USD2.2 trillion to the global Gross Domestic Product by 2034. Key players in the market include Bharti Airtel, Bharti Infratel, SBA Communications, and DISH Network. Operator-owned Towers and TowerCos are investing heavily in LTE-A infrastructure to support the growing demand for high-speed data services. Technavio forecasts that the global communications equipment market will grow due to increasing investments in telecom infrastructure and the expansion of data centers by hyperscalers.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/