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Global Telecom Towers Market - Insights

Telecommunication towers or radio masts are tall structures designed to support antennas for telecommunications and broadcasting, including televisions. Telecom towers are grouped in a geographical location where population density is generally high and it connects a large number of cell phone users. This helps in avoiding saturation of the available capacity. The primary function of telecom towers is to give proper elevation to telecom antennas that will receive and transmit radio frequency signal from cell phones and other devices. Mobile service providers usually configure adjacent cell towers to make use of different frequencies.

Increasing use of mobile phones in rural and urban areas and growing population worldwide is boosting the competition among telecom providers to offer better network coverage. This in turn is expected to drive growth of the telecom towers market. For instance, according to Coherent Market Insights’ analysis, in 2019, 96% of people in the U.S owned a cellphone of some kind. Moreover, the share of people in the U.S. that own smartphones reached 81%, up from just 35% in 2011.

However, stringent rules and regulations of governments and telecom authorities such as limitations on height and the number of telecom towers installed in a specific area is expected to hinder growth of the telecom towers market over the forecast period. According to government of India rules, the base station antennas should be at least 3 m away from nearby buildings and antennas should not directly face a building. Furthermore, the lower end of the antenna should be at least 3 meters above the ground or roof. 

Figure 1. Global Telecom Towers Market Share (%), by Region (2027)

Telecom Towers  | Coherent Market Insights

Source: Coherent Market Insights, 2018-19

Asia Pacific is expected to be the largest and fastest growing market for telecom towers during the forecast period, owing to the increasing number of mobile phone subscribers across the developing economies of the region such as India and China. Large population and increasing scope of subscriber density across the developing countries of Asia Pacific such as India and China is driving the deployments of telecom towers. Increase in subscriber density in a particular area leads to surge in demand for additional deployment or upgrade of existing telecom towers with better equipment to efficiently handle the telecom traffic. For Instance, according to, CMI analysis, in the year 2012 around 580 million people were using internet in China and this number was increased to 802 million by the year 2018. 

Increasing government initiatives to expand connectivity in remote and rural areas is also expected to boost growth of the market over the forecast period. For instance, government of India is planning to lay down the necessary infrastructure—including one million kilometers of optical fiber network—to bring digital connectivity to the country’s 239,000 gram panchayats.

Figure 2. Global Telecom Towers Market Share (%), By Deployment Type (2018)

Telecom Towers  | Coherent Market Insights

Source: Coherent Market Insights, 2018-19

Among deployment type, the shared infrastructure deployment segment is expected to witness the highest CAGR over the forecast period. Shared infrastructure deployment offers benefits such as cost savings for installing a telecom tower infrastructure and low total cost of ownership (TCO), which lead to high preference for such deployment. Moreover, high presence of market players decreases operating margin in the market, which further boosts demand for shared infrastructure model among the telecom tower service providers. With a growing mobile subscriber base and an 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. As a result, 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 over the forecast period, owing to increasing number of smartphone and internet users. For instance, according to CMI’s analysis, the number of internet users across the world in 2017 was 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 drive demand for telecom towers for communication applications during the forecast period.

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.

Telecom towers are radio masts and towers that are used to hold the telecommunication antennas. Telecommunication antennas cover large areas and are precisely pointed out at a certain angle, according to the range of the telecommunication antenna. Telecom towers are built such that they can withstand in the wind. Stable telecom tower structure types such as low lattice towers and towers built of reinforced concrete are widely used for various applications. Guyed masts towers are majorly used for radio antennas.

Market Dynamics

Increasing number of mobile users is expected to boost growth of the global telecom towers market. The number of mobile phone users is increasing in almost every remote area, which is boosting competition among service providers to offer better network coverage. Moreover, increasing number of telecom service providers, internet providers, Wi-Fi and broadband service providers is are expected to boost demand for telecom towers over the forecast period. For instance, according to GSM Association’s 2018 global estimates, there were 3.3 Bn mobile internet users in 2017, and it is expected to reach 5.0 Bn by 2025. This would increase the global market share of 4G customers from 29% in 2017 to 53% by 2025.

Increasing number of SMEs across the globe leads to high usage of internet worldwide, which in turn contributes to the market growth. For instance, according to Europe - India SME Business Council (EISBC), SME sector of India is contributing to 45% of the total industrial output, 40% in total Indian exports, while employing total 60 million of peoples, with creating 1.3 million job, annually and producing over 8000 quality products for the Indian and international markets.

However, harmful effects of high-frequency radio waves or microwaves on humans as well as the environment such as cancer and blood brain barrier are expected to limit growth of the telecom towers market over the forecast period. For instance, according to report published by National Center for Biotechnology Information, excessive usage of mobile phones increases the risk of brain tumors. Furthermore, stringent regulations imposed by government and telecom authorities for installing telecom towers are expected to restrain growth of the telecom towers market over the forecast period. The government of India does not allow installation of telecom towers within the premises of schools and hospitals as children and patients may be more susceptible to electromagnetic radiations. Installation of base station antennas in narrow lanes is also prohibited to reduce the risks caused by any earthquake or wind related disaster. 

Key features of the study:

  • This report provides in-depth analysis of telecom towers market size (US$ Million), and Compound Annual Growth Rate (CAGR %) for the forecast period (2019 – 2027), considering 2018 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by key players
  • It profiles key players in the global telecom towers market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, telecom towers market capital, key developments, strategies, and future plans
  • Companies covered as part of this study 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
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launches, product upgrades, market expansion, and marketing tactics
  • The global telecom towers market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global telecom towers market

Detailed Segmentation:

  • Global Telecom Towers Market, By Deployment Type:
    • Shared Infrastructure Deployment
    • Owned Deployment
  • Global Telecom Towers Market, By Type of Tower:
    • Lattice Tower
    • Guyed Tower
    • Monopole Tower
    • Stealth Tower
  • Global Telecom Towers Market, By Installation:
    • Rooftop
    • Ground-based  
  • Global Telecom Towers Market, By Application:
    • Communication
    • Radio
    • Radar
  • Global Telecom Towers Market, By Geography:
    • North America
      • By Deployment Type:
        • Shared Infrastructure Deployment
        • Owned Deployment
      • By Type of Tower:
        • Lattice Tower
        • Guyed Tower
        • Monopole Tower
        • Stealth Tower
      • By Installation:
        • Rooftop
        • Ground-based  
      • By Application:
        • Communication
        • Radio
        • Radar
      • By Country:
        • U.S.
        • Canada
    • Europe
      • By Deployment Type:
        • Shared Infrastructure Deployment
        • Owned Deployment
      • By Type of Tower:
        • Lattice Tower
        • Guyed Tower
        • Monopole Tower
        • Stealth Tower
      • By Installation:
        • Rooftop
        • Ground-based  
      • By Application:
        • Communication
        • Radio
        • Radar
      • By Country:
        • UK
        • Germany
        • Italy
        • France
        • Russia
        • Rest of Europe
    • Asia Pacific
      • By Deployment Type:
        • Shared Infrastructure Deployment
        • Owned Deployment
      • By Type of Tower:
        • Lattice Tower
        • Guyed Tower
        • Monopole Tower
        • Stealth Tower
      • By Installation:
        • Rooftop
        • Ground-based  
      • By Application:
        • Communication
        • Radio
        • Radar
      • By Country:
        • China
        • India
        • Japan
        • Australia & New Zealand
        •  South Korea
        • Rest of Asia Pacific
    • Latin America
      • By Deployment Type:
        • Shared Infrastructure Deployment
        • Owned Deployment
      • By Type of Tower:
        • Lattice Tower
        • Guyed Tower
        • Monopole Tower
        • Stealth Tower
      • By Installation:
        • Rooftop
        • Ground-based  
      • By Application:
        • Communication
        • Radio
        • Radar
      • By Country:
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Middle East & Africa
      • By Deployment Type:
        • Shared Infrastructure Deployment
        • Owned Deployment
      • By Type of Tower:
        • Lattice Tower
        • Guyed Tower
        • Monopole Tower
        • Stealth Tower
      • By Installation:
        • Rooftop
        • Ground-based  
      • By Application:
        • Communication
        • Radio
        • Radar
      • By Country:
        • GCC Countries
        • South Africa
        • Rest of Middle East & Africa 
  • Company Profiles
    • American Tower Corporation*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments/ Updates
    • 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

 “*” marked represents similar segmentation in other categories in the respective section.

Frequently Asked Questions

The global telecom towers market is estimated to reach US$ 75.5 Billion by 2027.
Major 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.
Among applications, communication segment is expected to witness the highest growth rate over the forecast period, owing to increasing number of smartphone and internet users.
Increasing usage of mobile phones in rural and urban areas and growing population, globally are some of the major factors that are expected to propel growth of the market over the forecast period.
The global telecom towers market is estimated to exhibit a CAGR of 7.2% over the forecast period.
Among regions, Asia Pacificis expected to hold dominant position in the telecom towers market during the forecast period.

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