Telecom Tower Market Scope and Key Players Analysis by 2031
Telecom Tower Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 142.60 Billion |
Market Size by 2031 | US$ 586.94 Billion |
Global CAGR (2023 - 2031) | 19.3% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Telecom Tower Market News and Recent Developments
The telecom tower market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market:
- In April 2023, The Indian government launched 254 '4G mobile towers in Arunachal Pradesh's LAC villages. Furthermore, these 254 towers will deliver 4G connectivity to 336 communities, including those that have been unconnected since Independence. The majority of these towers are positioned in Chinese border areas to prevent foreign telecom encroachment. Furthermore, the debut of this program is estimated to help more than 70,000 people.
(Source: Indian government, Company Website, 2023)
- In April 2023, Tawal, a subsidiary of Saudi Telecom Company (STC), agreed to acquire United Group's tower infrastructure for Euro 1.22 billion (USD 1.34 billion). The deal will encompass the United Group's infrastructure units in Bulgaria, Slovenia, and Croatia, totaling around 4,800 towers. Furthermore, this strategic acquisition is consistent with Tawal's goal of increasing its international footprint in important countries with strong development potential within the STC Group.
(Source: Tawal, Company Website, 2023)
Telecom Tower Market Report Coverage and Deliverables
The "Telecom Tower Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Market dynamics such as drivers, restraints, and key opportunities
- Key future trends
- Detailed PEST/Porter's Five Forces and SWOT analysis
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
- Detailed company profiles