Market Size of Germany Telecom Towers Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Volume (2024) | 80.92 Thousand units |
| Market Volume (2029) | 95.21 Thousand units |
| CAGR (2024 - 2029) | 3.31 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Germany Telecom Towers Market Analysis
The Germany Telecom Towers Market size in terms of installed base is expected to grow from 80.92 Thousand units in 2024 to 95.21 Thousand units by 2029, at a CAGR of 3.31% during the forecast period (2024-2029).
- Germany has made significant strides in deploying 5G services, bolstered by government investments and supportive legislation. To harness the full potential of 5G, networks must be universally accessible. This urgency underscores the swift transfer of spectrum for both consumer and business use, subsequently fueling the demand for telecom towers nationwide.
- Federal governments are partnering with telecom companies to enhance cellular service reliability, aiming to bridge connectivity gaps nationwide. Such initiatives are poised to drive the growth of the telecom towers market during the forecast period.
- For instance, the Gigabit Strategy, a collaborative effort between the federal government, local authorities, and the telecom industry, aims to ensure sustainable digitization. Both the federal Digital Strategy and the German Gigabit Strategy aim to target universal access to fiber optic and advanced mobile communications technology by 2030.
- In its latest "Gigabit Strategy," Germany's Federal Ministry for Digital Affairs and Transport (BMDV) set forth key goals, prominently featuring the aim to equip at least 50% of all German locations with FTTH networks by the end of 2025. The initiative aims to expedite the rollout of 5G and fiber optics. The government also plans to achieve this by streamlining infrastructure planning and aiding mobile operators in accessing underserved regions. Through this strategy, the German government targets a threefold increase in fiber optic connections by the end of 2025.
- In October 2023, Phoenix Tower International, a global player in wireless communications infrastructure, announced its definitive agreement with NOVEC BV to acquire its German subsidiary, NOVEC GmbH. NOVEC GmbH, with its operation of 220 telecommunications sites, is actively developing a robust pipeline of new sites, positioning itself as a pivotal player in deploying essential infrastructure for mobile operators across Germany.
- In July 2024, O2 Telefónica and Deutsche Telekom were set to deepen their collaboration in the fiber optics domain. The two firms signed a deal to introduce a new purchasing model for marketing fiber optic connections within Deutsche Telekom's network. Through this purchasing model, O2 Telefónica can align Deutsche Telekom's latest fiber optic offerings with its own customer outreach.
- However, factors like environmental concerns, the high cost of infrastructure deployment, and community opposition to new tower installations are restricting the German telecom towers market. With the market's maturity and high mobile coverage, the demand for new towers is also diminishing, further limiting growth opportunities.
