Recent Trends and Developments in the Telecom Towers Market | 2022

The global telecom towers market is projected to record a high CAGR of XX% during the forecasting period (2021-2028)

Telecommunication towers are a group of steel structures that house telecommunications and broadcasting antennas. Wireless communication, such as mobile networking, television antennae, and radio transmission, are all connected by telecom towers.

Tower-sharing is one of the most important developments in the telecom business, as it provides benefits such as cost savings and faster data rollout. The telecom tower industry has grown to prominence as a separate industry in India and the United States.

Due to the increased use of numerous mobile network operators (MNOs) services by third-party enterprises in emerging economies, the operator-owned sector is likely to dominate the market in the projection period.

Due to some of the region's important industry giants, such as China Tower Corporation Limited and Bharti Infratel, the Asia Pacific region, which is dominated by emerging countries such as China, India, and Japan, accounted for the biggest worldwide market share in 2018.

Market Dynamics

Drivers

• Increasing tower sharing is one of the significant market driving factor for telecom tower market
• Increasing penetration of smartphone and internet users
• Rapid urbanization and increasing rural area smartphones users

Restraints

• Growing concerns related to the harmful effects of high-frequency radio waves.
• High cost of installation and operation of the telecom towers

Opportunities

• Expansion of Telecom Sector

Expansion of Telecom Sector

Telecommunication towers are important in both emergency and routine communications. Telephones, radios, and television transmissions all require the use of telecom towers to function properly.

Emergency responders, police officers, and hospital staffers, for example, rely on telecom towers for reliable communication, which is crucial to their employment.

A new era of telecommunications services has begun with the introduction of voice and video conferencing. As a result, telecommunications providers are erecting more towers in order to increase connectivity.

The transition to 5G is expected to increase demand for new telecom tower sites all over the world.

5G technology and cloud computing are paving the way for the adoption of new telecommunications technologies.

The telecom tower sector is likely to gain from increased demand for high-speed connectivity and fast data transfer techniques in the next few years.

Country Analysis

The Thailand Telecom Towers is building its market by reaching US$ 686.56 Million in 2020 and is estimated to record US$ 1261.47 Million by 2028, growing with a CAGR of 8.2% from 2021 to 2028.

Thailand could be the ideal tower market, with five operators and over 50,000 towers. Still, to date (2021), only one business (DIF) operates as a fund in the infrastructure industry, with roughly 16,059 towers and over 1 million kilometers of fiber.

Furthermore, The Digital Telecommunications Infrastructure Fund has purchased 788 telecom towers, 1,795 kilometers of optical fiber cable, and 3,700 kilometers of fiber from Thailand's MNO True Move. True Move will lease back portions of the towers and fiber until 2033, valuing the assets at THN15.7 billion (US$513 million).

True Move also bought shares in the Digital Telecommunications Infrastructure Fund worth THB4.74 billion (US$154 million), keeping its 30 percent interest in Thailand's top tower company, which had issued additional shares. Apart from MNOs, DTIF is the only entity that owns towers. The fund owns over 13,000 towers and 1 million kilometers of fiber. Thus growing expansion of key players in the COUNTRIES has resulted in the telecom tower market, particularly in the recent period.

For instance, In August 2018, a spectrum auction in the 1800MHz band, which is eligible for 4G, took place. Despite the high level of interest, just two operators bid and were given only one block each. The auction was attended by the #1 and #2 MNOs, AIS and DTAC, and only two of the nine available blocks were sold

Furthermore, The number of smartphone users who will adopt 5G in Thailand is expected to exceed 5 million by the end of 2021, driven by people's intention to use an ultra-fast mobile broadband network. By 2025, 5G subscriptions will account for more than 55 percent of total mobile subscriptions in Thailand, as the country's demand for high-speed data and low-latency networks grows.

The desire for digital solutions in healthcare, education, retail, and tourism, together with the new normal of the post-pandemic world, will propel the development of 5G in Thailand. Thus the tremendously improving 5G network in Thailand has created immense opportunities for the telecom tower market to proliferate in the forecast period.

For instance, on JULY 23, 2021, Advanced Info Service Plc. (AIS), a Thai mobile service provider, has teamed with Vivo, a Chinese smartphone manufacturer, to conduct 5G Standalone (SA) network tests in Thailand.

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