Thailand Telecom Towers Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Volume (2024) | 266.54 Thousand units |
| Market Volume (2029) | 285.10 Thousand units |
| CAGR (2024 - 2029) | 1.35 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Thailand Telecom Towers Market Analysis
The Thailand Telecom Towers Market size in terms of installed base is expected to grow from 266.54 Thousand units in 2024 to 285.10 Thousand units by 2029, at a CAGR of 1.35% during the forecast period (2024-2029).
- The telecom towers market in Thailand has witnessed significant growth over the past decade due to increasing mobile penetration, rapid urbanization, and the expansion of 4G and 5G networks. Thailand’s telecom sector is dominated by major players like Advanced Info Service (AIS), True Corporation, and Total Access Communication (DTAC), among others, which have aggressively expanded their tower infrastructure to meet the growing demand for better connectivity. With more than 100 million mobile subscriptions surpassing the country’s population, the need for extensive tower infrastructure has become crucial to ensure coverage and capacity.
- One of the key drivers of this growth is the surge in data consumption, especially in urban areas. The rise of mobile broadband and the demand for high-speed internet have pushed telecom operators to invest heavily in upgrading their networks. The adoption of 5G technology is expected to further accelerate this trend, with telecom operators actively pursuing network densification and expanding their tower portfolios to meet the higher frequency and shorter range of 5G signals. The government is also supporting the rollout of 5G through the allocation of spectrum and regulatory support.
- Rural areas have also seen considerable development in telecom infrastructure. The government’s Universal Service Obligation (USO) fund has played a pivotal role in extending telecom services to underserved areas. This initiative, along with investments from private telecom operators, has facilitated the installation of telecom towers in remote regions, improving connectivity for rural populations.
- The Thai government envisions transforming Thailand into a digital infrastructure hub for ASEAN. The National Broadcasting and Telecommunications Commission (NBTC) projects that the adoption of 5G could inject USD 9.3 billion into the Thai economy by 2035, accounting for 10% of the GDP. Through an initiative dubbed “Thailand Industry 4.0,” the government aspires for this sector to bolster national GDP by 25% by 2027. This initiative champions digital creativity, technological advancements, and a shift toward a digitally-centric economy.
- However, challenges remain in the form of regulatory hurdles, environmental concerns, and community resistance to tower installations. Telecom operators and tower companies must navigate stringent zoning laws and environmental regulations, which can delay the construction of new towers. Community opposition to tower installations due to perceived health risks or aesthetic concerns can complicate the process.
- Despite these challenges, the outlook for Thailand’s telecom tower market remains optimistic. The ongoing digital transformation, increasing smartphone penetration, and the expansion of IoT (Internet of Things) applications are expected to drive continued demand for telecom infrastructure. In the long term, the shift toward 5G and beyond will necessitate even denser tower networks, ensuring sustained growth in the sector.
Thailand Telecom Towers Market Trends
High Rooftop Installation Augment's the Market Growth
- The growing adoption of rooftop towers has contributed to the market’s expansion. In urban areas with space constraints, rooftop towers provide a viable solution to enhance network coverage.
- The increased deployment of these towers is aligned with the growing trend of network sharing, where multiple telecom operators share the same tower infrastructure to reduce costs and expedite network rollout.
- The telecom towers market in Thailand is growing robustly, driven by rising mobile data usage, 5G deployment, rural connectivity initiatives, and the expansion of tower infrastructure by both telecom operators and independent tower companies. The future of the market looks promising, with further investments expected in both urban and rural regions to cater to the increasing demand for seamless and fast connectivity.
- In March 2023, Telenor Asia introduced the completion of the amalgamation of the telco operations of True and dtac in Thailand. True Corporation, the newly formed entity, is strategically positioned to meet Thailand's surging demand for high-speed data and to seize growth opportunities in the rapidly evolving digital landscape. By harnessing the strengths of both True and dtac, this new entity is set to emerge as a telecom tech powerhouse, spearheading the digitalization wave in Thailand.
- Rooftop installations are contributing to the increased collaboration between telecom operators and property owners. This collaboration is leading to new revenue streams for building owners, who can lease rooftop space to telecom companies. In turn, this has led to a surge in the number of available sites for rooftop towers, further fueling market growth. The scalability and flexibility of rooftop installations are also appealing to operators looking to deploy small cells and other network-enhancing technologies in urban settings.
Renewable Fuel Type Drive the Market's Growth
- The Thailand telecom towers market has seen significant growth, driven by the rising adoption of renewable fuel types for powering telecom infrastructure. As the Thai government emphasizes sustainability and environmental responsibility, the telecom sector is responding by incorporating renewable energy sources like solar and wind power into their operations.
- The adoption of renewable fuels has provided telecom operators with a more sustainable and cost-effective solution, reducing dependency on diesel generators, which are expensive to operate and maintain. Solar-powered telecom towers, in particular, have become more prevalent, especially in rural and off-grid areas, where they offer a reliable alternative to conventional energy sources. These solar solutions are further supported by advancements in energy storage technologies, such as batteries, which ensure continuous power supply even when sunlight is insufficient.
- In November 2023, the Thailand Board of Investment (BOI) approved investment promotion applications worth a combined THB 41 billion (USD 1.1 billion) in projects including the manufacturing of electric vehicles (EV), the generation of renewable energy from waste, data centers, as well as travel and tourism infrastructure and equipment.
- The increasing penetration of broadband internet in Thailand is significantly boosting the demand for reliable telecom infrastructure, driving the growth of renewable fuel types in the telecom towers market. As more consumers and businesses require uninterrupted connectivity, telecom providers are adopting renewable energy solutions to ensure consistent power supply, especially in off-grid or remote areas. This shift toward renewable fuels not only enhances operational efficiency but also aligns with sustainability goals, making it a strategic choice for telecom companies to support the expanding broadband network.
- Overall, the integration of renewable fuel types into the Thai telecom towers market is driving significant growth, improving operational efficiency, reducing environmental impact, and enhancing the sector's long-term sustainability. This trend is expected to continue as technology advances, government policies evolve, and the global focus on sustainability intensifies.
Thailand Telecom Towers Industry Overview
The Thail telecom towers market is semi-consolidated and consists of several major players, such as Advanced Info Service Public Company Limited, Total Access Communication Public Company Limited, among others. These major players in the telecom tower market are expanding their customer base internationally through strategic collaborations and acquisitions of telecom tower startups. This has led to a moderately high market concentration, with a few dominant players benefiting from significant market share and profitability.
Thailand Telecom Towers Market Leaders
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Advanced Info Service Public Company Limited
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Total Access Communication Public Company Limited
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True Corporation Public Company Limited
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Interlink Telecom Public Company Limited
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Sky Tower Plc.
*Disclaimer: Major Players sorted in no particular order
Thailand Telecom Towers Market News
- July 2024: Ericsson Thailand introduced its ambitious vision to drive the digital transformation of Thailand based on the strong 5G infrastructure it is creating in the country. Leveraging its state-of-the-art 5G network solutions together with its extensive experience and expertise in establishing efficient, reliable, and sustainable 5G networks worldwide, Ericsson is well poised to play a pivotal role in accelerating Thailand’s journey toward becoming a digital economy.
- June 2024: In a collaboration, mu Space and Advanced Technology Co. Ltd (“mu Space”) and Interlink Telecom Public Company Limited (“ITEL”) signed a Memorandum of Understanding (MOU) to explore new opportunities in satellite and telecommunications networks and services. This MOU sets the stage for combining the expertise and resources of both industry leaders to drive innovation and expand service offerings in Thailand and beyond.
- June 2024: Advanced Info Service (AIS), Thailand's key digital network provider, teamed up with Gulf Energy Development, a key player in sustainable energy and infrastructure in the region. Together, they aim to set up solar-powered telecommunication infrastructure in the country's remote areas.
- January 2024: National Telecoms Public Company Limited (NT) partnered with Evolution DC Thailand Company Limited (EDC), a joint venture formed by Central Pattana (CPN) and Evolution Data Centres. Together, they aim to enhance Thailand's digital infrastructure, steering the nation closer to its goal of becoming a central digital hub in ASEAN.
Thailand 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 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
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 Advanced Info Service Public Company Limited
8.1.2 Total Access Communication Public Company Limited
8.1.3 True Corporation Public Company Limited
8.1.4 Samart Corporation PLC
8.1.5 Jasmine Technology Solution
8.1.6 Ericsson
8.1.7 Interlink Telecom Public Company Limited
8.1.8 Sky Tower PLC
- *List Not Exhaustive
9. INVESTMENT ANALYSIS
10. FUTURE MARKET OUTLOOK
Thailand Telecom Towers Industry Segmentation
Telecommunication towers encompass a variety of structures, such as monopoles, tripoles, lattice towers, guyed towers, self-supporting towers, poles, masts, and other similar forms. These towers, equipped with one or more telecommunication antennas, facilitate radio communications. They can be situated on the ground or atop a building's rooftop and often include storage for equipment and electronic components.
The Thail telecom towers market is segmented by ownership (operator-owned, private-owned, and MNO captive sites), by installation (rooftop and ground-based), and by fuel type (renewable and non-renewable). The market size and forecasts are provided in terms of installed base (Thousand Units) for all the above segments.
| Ownership | |
| Operator-owned | |
| Private-owned | |
| MNO Captive sites |
| Installation | |
| Rooftop | |
| Ground-based |
| Fuel Type | |
| Renewable | |
| Non-renewable |
Thailand Telecom Towers Market Research FAQs
How big is the Thailand Telecom Towers Market?
The Thailand Telecom Towers Market size is expected to reach 266.54 thousand units in 2024 and grow at a CAGR of 1.35% to reach 285.10 thousand units by 2029.
What is the current Thailand Telecom Towers Market size?
In 2024, the Thailand Telecom Towers Market size is expected to reach 266.54 thousand units.
Who are the key players in Thailand Telecom Towers Market?
Advanced Info Service Public Company Limited, Total Access Communication Public Company Limited, True Corporation Public Company Limited, Interlink Telecom Public Company Limited and Sky Tower Plc. are the major companies operating in the Thailand Telecom Towers Market.
What years does this Thailand Telecom Towers Market cover, and what was the market size in 2023?
In 2023, the Thailand Telecom Towers Market size was estimated at 262.94 thousand units. The report covers the Thailand Telecom Towers Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Thailand Telecom Towers Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Thailand Telecom Towers Industry Report
Statistics for the 2024 Thailand Telecom Towers market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Thailand 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.
