The Telecom Tower market is expected to have a CAGR of over 4.56% over the 2019-2025 forecast period. The concept of leasing has allowed mobile network operators to invest heavily in infrastructure development and expansion in rural areas, generating new revenue for the tower. Operators through tower facilities.
Over the years, millions of dollars have been spent to improve broadband connectivity in rural areas. The annual use of data over wireless networks has increased rapidly, greatly favoring smartphone penetration. In 2015, the US Department of Agriculture invested approximately $ 85 million to improve Internet connectivity in rural areas of the country. However, government initiatives are not the only factors responsible for promoting Internet connectivity in rural areas.
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Broadband adoption can help improve the economy of rural areas by increasing incomes, creating jobs and reducing unemployment rates. However, technology continues to improve, allowing existing cabling to carry more and more data. Alternative techniques are used to promote broadband in rural areas. For example, broadband via mobile or satellite technology. Although “via satellite” is an expensive alternative, it is one of the reliable sources of broadband for people living in rural areas.
Despite regular government investment, many rural areas of the world still do not have access to broadband Internet services. With the introduction of new generation technologies, such as the Internet of Things, and advanced connectivity spectra, such as 5G, the market for telecommunications towers is expected to grow in demand over the next few years.
Telecom Tower Market – Company Profiles: Conduent Inc., Kapsch Group, Mitsubishi Heavy Industries, Machinery Systems, Ltd., Siemens Mobility GmbH, Thales Group, Continuum Electro products LLP, EFKON GmbH, Neology, Inc., QuaLiX Information System LLP, SkyToll, a. s.
Telecom Tower Market – By Type
Mobile Cell Towers
Telecom Tower Market – By Tower placement
Telecom Tower Market – By Deployment type
Shared Infrastructure Deployment
Scope of the Report
The increasing use of data by consumers has created a competitive telecommunications landscape in all regions. As tower sharing is becoming increasingly popular among MNOs, tower operators have achieved operational efficiency. Independent tower companies held about 70% of the 4.10 million towers worldwide (in 2017). China has the largest number of telecommunication towers in the world, owned by China Tower Corporation, a state-owned company. It has about 1,968,000 towers and is estimated to rent more than 550,000 towers.
In addition, overall annual investment spending in the wireless sector in the United States was $ 30 billion, which should strengthen market growth. In 2017, the number of mobile phone users in the United States reached about 266 million, with mobile Internet penetration of about 237.2 million. The mobile Internet penetration rate is expected to reach 275 million by 2023. The increased use of wireless data continues to force wireless service providers to improve the quality of their networks and to make additional investments in wireless networks. The coverage and capacity of their networks.
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Table of content
Chapter 1 Global Telecom Tower Market Overview
Chapter 2 Global Economic Impact on Telecom Tower Industry
Chapter 3 Global Telecom Tower Market Competition by Manufacturers
Chapter 4 Global Telecom Tower Production, Revenue (Value) by Region (2012-2018)
Chapter 5 Global Telecom Tower Supply (Production), Consumption, Export, Import by Regions (2012-2018)
Chapter 6 Global Telecom Tower Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Telecom Tower Market Analysis by Application
Chapter 8 Telecom Tower Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
To continue ….
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