Global Telecom Tower Market 2019-2023

Global Telecom Tower Market 2019-2023

Global Telecom Tower Market: About this market

Technavio’s telecom tower market analysis considers sales from operator-led tower companies, mobile network operators (MNO) captive sites, independent tower companies, and joint venture infrastructure companies. Our analysis also considers the sales of telecom tower in APAC, Europe, North America, South America, and MEA. In 2018, the operator-led tower companies segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as regulations implemented by the governments in various countries on tower sharing will play a significant role in the operator-led tower companies' segment to maintain its market position. Also, our global telecom tower market report looks at factors such as an increase in global mobile data traffic and bandwidth requirements, growing investment in Long term evolution (LTE)-Advanced, growing investment in smart city projects. However, the increase in carbon emission, government regulations, challenges for SMEs in the telecom tower market may hamper the growth of the telecom tower industry over the forecast period.

Global Telecom Tower Market: Overview

Growing investment in Long term evolution (LTE)-Advanced

LTE-Advanced is a mobile communication standard and a major enhancement of the long-term evolution (LTE) standard. The demand for LTE-A network connectivity is driven by multiple factors, including the rise in the availability of affordable smartphone devices, the need for high-speed internet connectivity. Growing investment in smart city projects and increasing demand for loT devices. As a result, network operators are increasingly investing in the implementation of LTE-A infrastructure, which will increase the number of LTE and LTE-A base station. These LTE-A base stations are connected to telecom towers to provide radio access network services to end-users, which will have a positive impact on the growth of the market. This will lead to the expansion of the global telecom tower market at a CAGR of almost 17% during the forecast period.

Growing adoption of green towers

Telecom towers are operated using renewable energy sources such as solar, wind, or fuel cells are called green towers. Vendors and telecom service providers are investing in green towers due to advantages such as reduced OPEX and low carbon emission. The increasing focus on renewable energy sources to reduce carbon emission is driving investment in green towers. This development is expected to have a positive impact on the overall market growth.

For the detailed list of factors that will drive the global telecom tower market during the forecast period 2019-2023, click here.

Competitive Landscape

With the presence of several major players, the global telecom tower market is concentrated. Technavio’s robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading telecom tower manufacturers, that include American Tower Corp., Cellnex Telecom SA, China Tower Corp. Ltd., Crown Castle International Corp., and Indus Tower Ltd.

Also, the telecom tower market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.


  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global communications infrastructure market
      • Table Segments of global communications infrastructure market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ billions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by business segment
    • Table Business segment - Market share 2018-2023 (%)
    • Comparison by business segment
      • Table Comparison by business segment
    • Operator-led tower companies - Market size and forecast 2018-2023
      • Table Operator-led tower companies - Market size and forecast 2018-2023 ($ millions)
      • Table Operator-led tower companies - Year-over-year growth 2019-2023 (%)
    • MNO captive sites - Market size and forecast 2018-2023
      • Table MNO captive sites - Market size and forecast 2018-2023 ($ millions)
      • Table MNO captive sites - Year-over-year growth 2019-2023 (%)
    • Independent tower companies - Market size and forecast 2018-2023
      • Table Independent tower companies - Market size and forecast 2018-2023 ($ millions)
      • Table Independent tower companies - Year-over-year growth 2019-2023 (%)
    • Joint venture infrastructure companies - Market size and forecast 2018-2023
      • Table Joint venture infrastructure companies - Market size and forecast 2018-2023 ($ millions)
      • Table Joint venture infrastructure companies - Year-over-year growth 2019-2023 (%)
    • Market opportunity by business segment
      • Table Market opportunity by business segment
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ millions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • North America - Market size and forecast 2018-2023
      • Table North America - Market size and forecast 2018-2023 ($ millions)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • Europe - Market size and forecast 2018-2023
      • Table Europe - Market size and forecast 2018-2023 ($ millions)
      • Table Europe - Year-over-year growth 2019-2023 (%)
    • MEA - Market size and forecast 2018-2023
      • Table MEA - Market size and forecast 2018-2023 ($ millions)
      • Table MEA - Year-over-year growth 2019-2023 (%)
    • South America - Market size and forecast 2018-2023
      • Table South America - Market size and forecast 2018-2023 ($ millions)
      • Table South America - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • Growing adoption of green towers
      • Table Green towers powered by different renewable energy sources
    • Rise in strategic partnerships and acquisitions
    • Growing investment in the development and commercialization of 5G
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • American Tower Corp.
      • Table American Tower Corp. - Vendor overview
      • Table American Tower Corp. - Business segments
      • Table American Tower Corp. - Organizational developments
      • Table American Tower Corp. - Geographic focus
      • Table American Tower Corp. - Segment focus
      • Table American Tower Corp. - Key offerings
    • Cellnex Telecom SA
      • Table Cellnex Telecom SA - Vendor overview
      • Table Cellnex Telecom SA - Business segments
      • Table Cellnex Telecom SA - Organizational developments
      • Table Cellnex Telecom SA - Segment focus
      • Table Cellnex Telecom SA - Key offerings
    • China Tower Corp. Ltd.
      • Table China Tower Corp. Ltd. - Vendor overview
      • Table China Tower Corp. Ltd. - Business segments
      • Table China Tower Corp. Ltd. - Segment focus
      • Table China Tower Corp. Ltd. - Key offerings
    • Crown Castle International Corp.
      • Table Crown Castle International Corp. - Vendor overview
      • Table Crown Castle International Corp. - Business segments
      • Table Crown Castle International Corp. - Organizational developments
      • Table Crown Castle International Corp. - Segment focus
      • Table Crown Castle International Corp. - Key offerings
    • Indus Tower Ltd.
      • Table Indus Tower Ltd. - Vendor overview
      • Table Indus Tower Ltd. - Organizational developments
      • Table Indus Tower Ltd. - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
    • Definition of market positioning of vendors
      • Table Definition of market positioning of vendors
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook