Seattle, WA -- (SBWIRE) -- 10/01/2019 -- Telecom towers or radio masts are used for telecommunication and broadcast purpose including television. These towers are in installed in a geographical location where population density is high. This way it connects a large number of cell phone users and avoids the saturation of capacity. The primary objective of telecom towers is to provide necessary elevation to telecom antennas to receive and transmit radio frequency signal. Mobile service providers usually configure adjacent cell towers to make use of different frequencies.

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Growing use of mobile phones in rural as well as urban areas coupled with increasing population across the globe are major factors in the global telecom towers market. This has also boosted competition among telecom companies to provide better network coverage. For instance, according to Coherent Market Insights' research, in 2019, around 96% of people in the U.S. owned a cellphone. Moreover, according to the same source, smartphone use in the U.S. reached 81% in 2019 from 35% in 2011.

However, strict rules and policies regulated by government and telecom authorities are expected to restrain the market growth. According to government of India rules, the base station antennas should be of at least 3 m away from nearby building. Moreover antennas should not directly face a building and lower end of the antenna should be at least 3 meters above the roof or ground.

Among regions, Asia Pacific is expected to be the largest and fastest growing telecom towers market during the forecast period. This is owing to increasing number of mobile phone subscribers across emerging economies such as India and China. Moreover, large population and increasing opportunities for subscriber density across emerging economies of Asia Pacific such as India and China is accelerating deployments of telecom towers. Increase in subscriber density in a particular area increases demand for additional deployment or upgrade of existing telecom towers with better equipment to effectively handle the telecom traffic. For Instance, according to, Coherent Market Insights' analysis, in 2012, around 580 million people were using internet in China and which increased to 802 million by 2018.

Moreover, increasing government initiatives to expand connectivity in remote and rural areas is also expected to boost growth of the market in the near future. For instance, the Government of India is planning to lay down the necessary infrastructure, which includes one million kilometers of optical fiber network, to bring digital connectivity to the country's 239,000 'gram panchayats'.

Among deployment type, the shared infrastructure deployment segment is expected to register the highest CAGR in global telecom towers market. Shared infrastructure offers cost benefits compared to its counterpart. It is beneficial to install telecom tower infrastructure and low total cost of ownership (TCO). Furthermore, high presence of key players reduces operating margin in the market, which is expected to boost the demand for shared infrastructure model. With a growing mobile subscriber base and increasing number of MNOs coupled with emerging technologies such as Machine-to-Machine communication, Wi-Fi hotspots, and Network Function Virtualization (NFV), co-existence of many operators on a single infrastructure allows for co-development of the entire telecom industry. Due to this, the shared infrastructure deployment segment is expected to witness a CAGR of 7.4% during the forecast period.

Among applications, the communication segment is expected to witness the highest growth rate in global telecom towers market during the forecast period. This is owing to increasing number of smartphone and internet users. For instance, according to Coherent Market Insights analysis, in 2017, the number of internet users across the globe were 3.7 billion, which further reached 4.1 billion in 2018. Moreover, increasing adoption of wireless technologies such as Wi-Fi for residential and commercial purposes is also expected to boost the demand for telecom towers for communication applications during the forecast period.

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Some of the key players operating in the global telecom towers market include, American Tower Corporation, AT&T Inc., Bharti Infratel Limited, China Tower Corporation, Crown Castle International Corporation, GTL Infrastructure Ltd, Helios Tower Africa, SBA Communications Corporation, T-Mobile Tower, Viom Networks, and others.

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