Spain Telecom Towers Market Size
| Study Period | 2019 - 2039 |
| Base Year For Estimation | 2023 |
| Market Volume (2024) | 41.47 Thousand units |
| Market Volume (2029) | 48.68 Thousand units |
| CAGR (2024 - 2029) | 3.26 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Spain Telecom Towers Market Analysis
The Spain Telecom Towers Market size in terms of installed base is expected to grow from 41.47 Thousand units in 2024 to 48.68 Thousand units by 2029, at a CAGR of 3.26% during the forecast period (2024-2029).
- Spain is progressively building a high-speed access network, aiming to deliver next-generation services and achieve its national objectives. Through initiatives like enhanced cybersecurity, digital public administrations, and the embrace of artificial intelligence technologies, the Spanish government launched the Digital Strategy 2025 to spearhead the nation's digital transformation.
- Spain's telecom towers market is expanding, fueled by the swift rollout of 5G networks that demand denser infrastructure. Rising data consumption and a push for enhanced network coverage further amplify the demand for additional towers. Independent tower companies, such as Cellenex, are increasingly being chosen by mobile network operators to manage their infrastructure, driving growth.
- Additionally, initiatives like IoT (Internet of Things) and the push for smart cities amplify the demand for strong telecommunication infrastructure, positioning Spain as a pivotal market for telecom tower expansion. As telecom firms increasingly divest or spin off their tower holdings, independent tower companies are witnessing a swift ascent. Mobile operators, especially in emerging regions where buildings dominate capital investments and significantly impact operating costs, prefer renting towers from other telcos or tower businesses. This strategy allows them to mitigate ongoing financial expenditures in infrastructure.
- In October 2023, Spain invested a total sum of EUR 1 billion (USD 1.10 billion) to bring advanced mobile technology to its remote areas. The MINECO (Ministry of Economic Affairs and Digital Transformation) announced a funding opportunity of EUR 544 million (USD 597.5 million) for 5G standalone (SA) deployments, targeting areas with populations under 10,000.
- However, factors like environmental concerns, high infrastructure deployment costs, and community resistance to new tower installations are hindering the growth of the telecom towers market in the country. Additionally, as the market matures and mobile coverage nears saturation, the demand for new towers is expected to decline, further constraining growth potential.
Spain Telecom Towers Market Trends
5G Deployments Are a Major Catalyst for Growth in the Cell-tower Leasing Environment
- In the Spanish telecom towers market, the rapid rollout of 5G technology is driving growth in the cell tower leasing space. Unlike its predecessor, 4G, the deployment of 5G demands a denser network of cell sites. The higher frequency bands of 5G, covering shorter distances and facing greater obstruction susceptibility, create a pressing need. As a result, there is a need to bolster infrastructure, prompting the construction of new towers and upgrades to the existing ones.
- In response to growing demands, mobile network operators (MNOs) are increasingly leasing from independent tower companies, departing from the conventional approach of constructing and overseeing their own sites. Leasing allows MNOs to rapidly grow their 5G networks without incurring hefty upfront expenses. Concurrently, tower companies benefit from heightened occupancy rates and extended contract lengths, significantly driving market growth opportunities.
- As 5G technology expands, mobile network operators (MNOs) are equipping their sites with 5G-compatible equipment, increasing the demand for leased tower space. In Spain, telecom towers are increasingly leaning on leasing strategies to ensure extensive 5G coverage, especially in urban and suburban locales, underscoring the importance of both established and newly built towers. According to AIMC (Spain), in 2023, around 58.5% of respondents reported having a 5G connection on their mobile phones.
- In July 2024, Nokia and Telefónica signed a three-year deal aimed at advancing the private 5G network market in Spain. The collaboration seeks to boost productivity, ensure worker safety, and promote sustainability in vital industries, including ports, manufacturing, and logistics. Nokia agreed to deploy 100 units of its advanced solutions, which encompass the Digital Automation Cloud (DAC), Modular Private Wireless (MPW), MX Industrial Edge (MXIE), and various industrial devices.
Rooftop Installations Are Expected to Witness Significant Growth Opportunities
- The market is experiencing significant growth, fueled by the rising demand for rooftop installations. Rooftop installations have emerged as a compelling solution, addressing challenges such as land constraints and community pushback against new ground-based towers. These setups allow mobile network operators (MNOs) to boost network coverage and capacity, sidestepping the protracted approval processes for erecting new towers.
- Strategically positioned in urban locales, rooftop sites enable MNOs to meet the surging demand for high-speed data and enhance connectivity, especially in densely populated areas. As Spain accelerates its 5G rollout, the urgency for a more concentrated network of these sites becomes paramount to guarantee superior coverage and performance.
- According to a survey conducted by INE (Spain) in 2023, in the three months leading up to the study, 99.3% of residents in the Melilla region accessed the Internet, marking the highest rate in the nation. In Madrid and the Balearic Islands, 97.4% and 97.2% of the population were internet users, respectively.
- Communities and local governments find rooftop installations to be less intrusive, leading to greater acceptance. Mobile network operators (MNOs) benefit from these installations by leveraging pre-existing structures, resulting in reduced capital expenditure and a quicker activation timeline. The rising demand for rooftop installations is driving the market in Spain.
- According to Eurostat, in 2023, the total share of households with internet access in Spain was around 96.45%, whereas it was around 96.08% in 2022. This rise in the total share of households with internet access in Spain is expected to lead to significant growth opportunities throughout the forecast period.
Spain Telecom Towers Industry Overview
The market is moderately fragmented and consists of several major players. The major market players with a prominent share, such as Phoenix Tower International, American Tower Spain, and TOTEM Spain, are working on maximizing their customer base through the adoption of various technologies.
- April 2024: MasOrange, which emerged from the union of Orange Spain and MásMóvil, committed a substantial EUR 4 billion (USD 4.39 billion) investment to bolster the nation's connectivity. This strategy seeks to broaden the reach of 5G and fiber optic networks, positioning Spain's technological infrastructure at the forefront and indicating a transformative phase in European telecom mergers, with significant ramifications for competition and digital progress.
- March 2024: Totem TowerCo, a tower subsidiary of Orange, expanded its portfolio by acquiring 173 sites across France and Spain. Across the two countries, the tower division expanded its portfolio to encompass 27,292 towers.
Spain Telecom Towers Market Leaders
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Phoenix Tower International
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American Tower Spain
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Vodafone España
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Cellnex Telecom, S.A.
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TOTEM Spain
*Disclaimer: Major Players sorted in no particular order
Spain Telecom Towers Market News
- June 2024: Spanish telecommunications operator Telefónica, operating under the Movistar brand, successfully deployed high-performance 5G in the 3.5 GHz band across more than 1,000 municipalities in Spain. The carrier announced that this spectrum allowed it to deploy 5G technology across nearly all of Spain, encompassing both rural and urban regions.
- May 2024: O2, a Spanish brand under the telecom operator Movistar, rolled out its 5G Standalone (5G SA) services. The company announced that its 5G SA service was made available in Avila, Barcelona, Castellon, Ferrol, Gran Canaria, Madrid, Malaga, Palma de Mallorca, Segovia, Seville, and Vigo.
Spain Telecom Towers Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Market Overview
4.2 Industry Attractiveness - Porter's Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Threat of Substitutes
4.2.5 Intensity of Competitive Rivalry
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Connecting/Improving Connectivity to Rural Areas
5.1.2 5G deployments are a major catalyst for growth in the cell-tower leasing environment
5.1.3 Improving and Catering to Increasing Data Needs
5.2 Market Restraints
5.2.1 Environmental Concerns about Power Supply Systems to Towers
5.2.2 Tower sharing between Telecom Companies
6. TECHNOLOGY SNAPSHOT
6.1 Technology Snapshot
7. MARKET SEGMENTATION
7.1 Ownership
7.1.1 Operator-owned
7.1.2 Private-owned
7.1.3 MNO Captive sites
7.2 Installation
7.2.1 Rooftop
7.2.2 Ground-based
7.3 Fuel Type
7.3.1 Renewable
7.3.2 Non-renewable
8. COMPETITIVE LANDSCAPE
8.1 Company Profiles*
8.1.1 Phoenix Tower International
8.1.2 American Tower Spain
8.1.3 Vodafone España
8.1.4 Cellnex Telecom SA
8.1.5 TOTEM Spain
8.1.6 Orange SA
8.1.7 Vantage Towers
8.1.8 Telefónica
9. INVESTMENT ANALYSIS
10. FUTURE MARKET OUTLOOK
Spain Telecom Towers Industry Segmentation
Telecommunication towers, encompassing monopoles, tripoles, lattice towers, guyed towers, self-supporting towers, poles, masts, and other similar structures, are crucial for radio communications. These towers, often grounded or situated on rooftops, are outfitted with one or more antennas.
The Spanish telecom towers market is segmented by ownership (operator-owned, private-owned, and MNO captive sites), installation (rooftop and ground-based), and fuel type (renewable and non-renewable). The market size and forecasts are provided in terms of value (USD) for all the above segments.
| Ownership | |
| Operator-owned | |
| Private-owned | |
| MNO Captive sites |
| Installation | |
| Rooftop | |
| Ground-based |
| Fuel Type | |
| Renewable | |
| Non-renewable |
Spain Telecom Towers Market Research FAQs
How big is the Spain Telecom Towers Market?
The Spain Telecom Towers Market size is expected to reach 41.47 thousand units in 2024 and grow at a CAGR of 3.26% to reach 48.68 thousand units by 2029.
What is the current Spain Telecom Towers Market size?
In 2024, the Spain Telecom Towers Market size is expected to reach 41.47 thousand units.
Who are the key players in Spain Telecom Towers Market?
Phoenix Tower International, American Tower Spain, Vodafone España, Cellnex Telecom, S.A. and TOTEM Spain are the major companies operating in the Spain Telecom Towers Market.
What years does this Spain Telecom Towers Market cover, and what was the market size in 2023?
In 2023, the Spain Telecom Towers Market size was estimated at 40.12 thousand units. The report covers the Spain Telecom Towers Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Spain Telecom Towers Market size for years: 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033, 2034, 2035, 2036, 2037, 2038 and 2039.
Spain Telecom Towers Industry Report
Statistics for the 2024 Spain Telecom Towers market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Spain Telecom Towers analysis includes a market forecast outlook for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
Spain Telecom Towers Market Report Snapshots
