Market Trends of Telecom Towers Industry
Rooftop to Witness Growth
- Mobile network operators (MNOs) will need to make significant infrastructure investments for 5G to expand, and rooftop infrastructure will be essential to these investments. Building facades and rooftops are ideal real estate for MNOs wishing to densify their networks and expand their capacity or coverage. Antennas on the 5G network can deliver 5G signals straight to customers through a more significant line of sight on rooftops in an urban setting. In this approach, 5G reception can be reliably obtained by people and devices on the ground and close to the boundaries of surrounding buildings.
- As mobile network operators upsurge 5G capabilities, rooftops will play a key role. The growth of 5G will require massive infrastructural investment by mobile network operators (MNOs), and rooftop infrastructure is going to play a pivotal role in this investment. For instance, according to Ericsson, the rapid growth of 5G is expected over the coming years, with the number of subscriptions forecast to reach almost 4.7 billion by 2028.
- Moreover, in October 2023, DISH intended to install three antennas on the roof of the 16-story Residence Inn Hotel at 5 Barker Ave. in downtown White Plains. The Westage is behind the hotel at 25 Rockledge Ave. DISH Wireless installed wireless telecommunication antennas on a rooftop near the condo.
- According to American Tower Corp (ATC), large expenditures will be required from key stakeholders for the number of wireless transmission points, including base stations and small cells, to double to serve the 5G market. It was stated that the number of mobile towers in the nation would soon increase from 780,000 wireless transmission points to over a million. Such developments are expected to drive the market studied over the forecast period.
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Middle East and Africa to Witness the Growth
- The region's telecom tower growth is primarily driven by the government's Saudi Vision 2030, as well as the development and extension of 5G mobile networks by major mobile network operators and the subsequent rise in mobile subscriptions.
- Saudi Arabia has transformed into a digital center and a provider in transitioning to 5G due to favorable laws, government funding, and initiatives. For instance, STC’s Mena HUB, a USD 1 billion investment in regional connectivity and infrastructure, will assist Saudi Arabia’s fast-growing digital and cloud industry.
- Seeking to build Digital Egypt and achieve the transition to a digital society, the Ministry of Communications and Information Technology (MCIT) has been working to build an infrastructure that is secure, reliable, and accessible.
- The Nigerian Communications Commission (NCC) developed robust Regulations and Guidelines or subsidiary laws for the telecommunications sector. One such regulation is the Guidelines on Technical Specifications for Installation of Masts and Towers, 2009. Companies installing telecom towers need to follow the regulations and guidelines for conducting smooth business in the country
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